26Oct2015

The Foreign Direct Investments (FDI) attracted by Romania amounted to a total EUR 941 M during the first eight months of the year, and increased for the first time since the end of 2008. In…

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26Oct2015

Ukraine’s hryvnia may depreciate 10 percent by year-end because of “fairly weak” confidence in the currency, according to Charles Seville, director of Fitch Ratings’ sovereign group. While officials including Prime Minister Mykola Azarov say the hryvnia will…

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26Oct2015

The chief executive of Oman’s Shanfari Group of Companies has stepped in to bail out Bulgaria’s Investbank, buying a 25% stake in the lender in return for 50 million levs ($31.5 million). Bulgaria’s central bank…

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26Oct2015

CEZ AS, Czech Republic’s biggest power utility, plans to invest about EUR 400 million to complete a 600-megawatt wind park in Dobrogea, southern Romania, by the end of 2012. The total value of investment into…

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26Oct2015

Six leading international oil and gas companies have bought documents for the tender for the development of the potential deep-water gas field off Bulgaria’s Black Sea coast. The companies are British-based Melrose resources, which is…

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26Oct2015

Hyosung Corporation, a South Korean chemical and trading company, may invest about $150 million in a factory in Romania, the Economy Ministry said in a statement. Seoul-based Hyosung plans to produce tire components and automotive…

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26Oct2015

Enel SpA (ENEL), Italy’s largest utility, plans to invest about 750 million euros ($990 million) in Romania’s power distribution network in the next five years. The Rome-based company, which operates Romania’s grid through a series…

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26Oct2015

Six memorandums were signed at the first international investment forum in Kyiv regarding the intention to implement investment projects worth over UAH 30 billion (EUR 2.8 billion), the press service of Kyiv City State Administration…

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26Oct2015

Lithuanian Foreign Minister said he would make visa-free travel for Ukrainian citizens travelling to Europe a priority when his country takes over the rotating EU presidency in the first half of 2013. But he admitted…

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26Oct2015

The Bulgarian government plans additional external borrowing in the total amount of EUR 1.2 billion in 2012. The largest amount is expected to come from new bond sales to ensure financing for the repayment of…

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