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News about Romania
The European Bank for Reconstruction and Development (EBRD), together with the European Investment Bank (EIB) and the Romanian Commercial Bank (BCR) will finance the construction of two large solar power plants in southern Romania for a total amount of more than 85 million euros, Logos Press reports.
Europe’s largest food retailer, French chain Carrefour has announced the sale of its Romanian division. The buyer is Paval Holding from Romania, owned by the Paval brothers. Thus, Romanian Carrefourt will be completely under local management, reports Logos Press.
South Korean company Hanwha Aerospace has begun construction of an artillery gun factory in the Romanian city of Petresti, Logos Press reported.
