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Tag Archives: investment

Green light for three important infrastructure projects

Three major infrastructure investment projects have been signed at Victoria Palace on Sunday. The first one is section one of the Pitesti-Sibiu highway. Those 13 km of highway (from Sibiu to Boita) will be concluded in the coming 4 years, ...

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New Ford Puma to be made in Craiova revealed

Ford presented the new Puma SUV model in an exclusive preview event in Amsterdam. The SUV will be produced at the factory in Craiova, the car giant announced. The Ford Puma production follows an investment worth almost EUR 1.5 billion ...

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Ford Craiova manager complains about poor transport infrastructure in Romania

The manager of Ford Cariova car factory, Ian Pearson, has complained again during the Auto Forum 2019 in Craiova on Monday that the major disadvantage in Romania, which is seriously affecting their investment, is the lack of road infrastructure. The ...

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Simona Halep to invest EUR 500,000 to upgrade hotel in Poiana Brasov resort

Romanian tennis player Simona Halep, 2nd WTA, has invested about two years ago EUR 2,000,000 in Drachenhaus Hotel in Poiana Brasov tourist resort, central Romania. Now, she is ready for a new investment, this time to upgrade the hotel. According ...

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Black Sea Oil & Gas announces USD 400m investment in Midia block, expects removal of all new taxes and fees

Black Sea Oil & Gas SRL (“BSOG”) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus International B.V. (“Gas Plus”) are pleased to announce that they have approved the Final Investment Decision (“FID”), to proceed ...

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