Eolica Dobrogea, which is developing wind farms in several localities in Dobrogea, including Cogealac, will ask the Cogealac city hall to organize a referendum for all inhabitants to decide on how the wind energy potential in the area will be used. The inhabitants should also decide on how the EUR 3.5 billion revenues to the local budget will be used, Eolica said in a statement earlier today.

Mining company Romaltyn Mining Baia Mare, owned by Russian Polyus Group, will invest USD 14 million in mining technologies. The company intends to re-start the gold extraction in the area, but needs to finalize investments beforehand and it hopes to be able to start the processing activity towards the beginning of next year.

Discounter Plus has opened two new stores with an investment of EUR 3 million. The new discounter stores are in Cluj and in Slobozia. The new openings brings the Plus network in Romania at 103 stores. Plus has been expanding in Romania for the last couple of years and it plans to further grow its network to cities of over 15,000 inhabitants.

Romanian lender Banca Transilvania posted a gross profit of EUR 14.1 million in the first half of this year, which was more than five times higher than the gross profit posted mid-last year. The net profit in the first half of this year was of EUR 7.8 million, according to the bank. The gross profit in the first half of the year covers 40 percent of what the bank had expected for the entire year.

Central European Media Enterprises, which owns several TV stations in Romania, posted USD 80 million in net revenues in the first half of the year, down USD 4 million on the same period of last year. The first quarter of the year meant net revenues of USD 43 million for the company in Romania, down USD 5 million on the first quarter of 2009.

The Romanian Finance Ministry will issue EUR 400 million of state titles today on the internal capital market. The acquisition of these state titles will be made through a bidding process.

Romanian media, Ioan Niculae, owner of Interagro, moves his businesses to Bulgaria – in Ziarul Financiar, Howard Johnson: stagnating revenues – in Ziarul Financiar, The IMF insists we have trouble in drawing in EU money– in Ziarul Financiar

A project meant to improve the infrastructure for water and wastewater in Dambovita county will be implemented until 2013. The value of the project is of EUR 140 million, one of the biggest such projects undergoing in Romania.

Fondul Proprietatea (Proprietatea Fund) posted a net profit of around EUR 49 million in the first half of this year, which was up 25 percent on the same period of last year.

The biggest retailers in Romania run businesses worth EUR 7.5 billion in total last year, shows the recently published Top 100 companies in Romania report by Romania Insider. Last year, these 15 companies together posted sales of EUR 8.2 billion in total, the report shows.

Eolica Dobrogea, which is developing wind farms in several localities in Dobrogea, including Cogealac, will ask the Cogealac city hall to organize a referendum for all inhabitants to decide on how the wind energy potential in the area will be used. The inhabitants should also decide on how the EUR 3.5 billion revenues to the local budget will be used, Eolica said in a statement earlier today.

Mining company Romaltyn Mining Baia Mare, owned by Russian Polyus Group, will invest USD 14 million in mining technologies. The company intends to re-start the gold extraction in the area, but needs to finalize investments beforehand and it hopes to be able to start the processing activity towards the beginning of next year.

Discounter Plus has opened two new stores with an investment of EUR 3 million. The new discounter stores are in Cluj and in Slobozia. The new openings brings the Plus network in Romania at 103 stores. Plus has been expanding in Romania for the last couple of years and it plans to further grow its network to cities of over 15,000 inhabitants.

Romanian lender Banca Transilvania posted a gross profit of EUR 14.1 million in the first half of this year, which was more than five times higher than the gross profit posted mid-last year. The net profit in the first half of this year was of EUR 7.8 million, according to the bank. The gross profit in the first half of the year covers 40 percent of what the bank had expected for the entire year.

Central European Media Enterprises, which owns several TV stations in Romania, posted USD 80 million in net revenues in the first half of the year, down USD 4 million on the same period of last year. The first quarter of the year meant net revenues of USD 43 million for the company in Romania, down USD 5 million on the first quarter of 2009.

The Romanian Finance Ministry will issue EUR 400 million of state titles today on the internal capital market. The acquisition of these state titles will be made through a bidding process.

Romanian media, Ioan Niculae, owner of Interagro, moves his businesses to Bulgaria – in Ziarul Financiar, Howard Johnson: stagnating revenues – in Ziarul Financiar, The IMF insists we have trouble in drawing in EU money– in Ziarul Financiar

A project meant to improve the infrastructure for water and wastewater in Dambovita county will be implemented until 2013. The value of the project is of EUR 140 million, one of the biggest such projects undergoing in Romania.

Fondul Proprietatea (Proprietatea Fund) posted a net profit of around EUR 49 million in the first half of this year, which was up 25 percent on the same period of last year.

The biggest retailers in Romania run businesses worth EUR 7.5 billion in total last year, shows the recently published Top 100 companies in Romania report by Romania Insider. Last year, these 15 companies together posted sales of EUR 8.2 billion in total, the report shows.