Foreign investments in Romania Archives

Romania Wins Case against Rosia Montana Gold Corporation – Gabriel Resources LTD (GBU.TO)

Valahia.newsMarch 9, 2024March 9, 2024

by Valahia.newsMarch 9, 2024March 9, 20240652

Romania won the arbitration case versus Rosia Montana Gold Corporation, in which Gabriel Resources LTD (GBU.TO) demanded approximately USD 6.7 billion in compensation, according to...

Business Finance International Business Romanian News

650 Million Euro Plant to be Built in Romania by Nokian Tyres

Valahia.newsNovember 2, 2022November 2, 2022

by Valahia.newsNovember 2, 2022November 2, 20220272

Nokian Tyres, the Finnish manufacturer, recently announced its plan to build a Romanian passenger vehicle tire manufacturing, adding to its current operational factories in Finland...

Business Economy Finance Romanian News

Bucharest Fitch Ratings 2022: BBB-, Recommended for Investments

Valahia.newsOctober 27, 2022October 27, 2022

by Valahia.newsOctober 27, 2022October 27, 20220244

On 26 October, the General Mayor of the Capital asserted that Fitch Ratings had affirmed the BBB- ranking for the municipality of Bucharest’s long-term rating...

Business Finance Romanian News

Investments of EUR 400 Million in Photovoltaic Energy Production in Romania

Valahia.newsOctober 4, 2022October 4, 2022

by Valahia.newsOctober 4, 2022October 4, 2022075

Two energy companies from Romania want to invest EUR 400 million in constructing photovoltaic parks. OMV Petrom and Complexul Energetic Oltenia announced four projects totalling...

Business Economy Finance International Business International News Romanian News

Romania Becomes Sales Market for Multinational Companies

Valahia.newsAugust 11, 2022August 12, 2022

by Valahia.newsAugust 11, 2022August 12, 20220319

Romania represents a sales market of EUR 10 billion in foreign investments in trade, but only a few large international corporations, like Mars, Nestle, and...

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Dacia: Best Selling Car in Europe in 2022

Valahia.newsJuly 13, 2022July 13, 2022

by Valahia.newsJuly 13, 2022July 13, 20220275

Dacia announced it was the only European brand among the top 20 automakers on the continent whose sales rose in the first half of the...

Business Economy International Business International News Romanian News

Foreign Investors in Romania Support Maintaining Single Tax Rate

Valahia.newsJune 28, 2022June 28, 2022

by Valahia.newsJune 28, 2022June 28, 2022061

The Romanian Government is urged by numerous organizations representing American, French, German, and Romanian investors to maintain the single tax system to foster economic growth....

International News International Politics Politics Romanian News

European Commission to Support Romania’s Energy System with EUR 1.39 Billion Investment

Valahia.newsJune 19, 2022June 19, 2022

by Valahia.newsJune 19, 2022June 19, 20220114

The European Commission announced on June 15 that it will provide Romania with 1.39 billion euros to assist in modernizing its energy infrastructure, reducing greenhouse...

Business Romanian News Social

Romania Receives First Cubic Meters of Gas Extracted from Black Sea

Valahia.newsJune 16, 2022June 16, 2022

by Valahia.newsJune 16, 2022June 16, 20220132

The first natural gas obtained from the Midia Gas Development (MGD), Romania’s first new offshore gas development in over three decades, was delivered to the...

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Israel’s Nofar Energy to Invest EUR 300 Million in Romania

Valahia.newsMay 11, 2022May 11, 2022

by Valahia.newsMay 11, 2022May 11, 20220188

Israel’s Nofar Energy intends to invest EUR 300 million in Romanian renewable energy. Nofar Energy, based in Israel, plans to develop or purchase wind and...