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Tag Archives: investment

Romgaz to invest almost RON 900 M this year in Iernut power plant

Romanian natural gas producer and supplier, SNGN Romgaz, will invest RON 856 million this year at the thermal power plant it builds at Iernut, after last year the company made payments of RON 200.4 million for this project, capital.ro informs. ...

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ArcelorMittal Galati invests EUR 10 M to increase production and eliminate quality defects

ArcelorMittal Galati, part of ArcelorMittal, world‘s leading integrated steel and mining company, restarts the Continuous Casting Machine no 4, after commissioning an ample pack of investment, upgrades and maintenance works, amounting roughly EUR 10 million, as a press release informs. “This ...

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Austria’s Rosendahl invests EUR 3.5 M in Satu Mare

Austria-based Rosendahl, part of Knill Gruppe, builds a new production unit in Satu Mare, following an investment of EUR 3.5 million, local media informs. The investment will bring with it 75 new jobs. The new hall will cover 2,600 sqm ...

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BNR: Forecasted dynamics of economic activity would remain robust in 2018, above potential, but falls in 2019

National Bank of Romania (BNR) Board members note that the much stronger-than-expected acceleration in economic growth during 2017 was anticipated to be followed by relatively more pronounced slowdowns in 2018 and 2019, according to the minutes of the monetary policy ...

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