Us Aes Announces EUR1 Bln Investment in Bulgarian Power Plant
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United States energy provider AES announced Monday it would invest EUR1.06 billion to renovate a lignite-fired power plant in Bulgaria.
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"Bulgaria is a member of the NSG that has a positive attitude towards nuclear energy and is likely to take a favourable view of the India-US civil nuclear deal"  From correspondents in Delhi, India, 04:30 PM IST India will seek the support of Bulgaria, the southeast European country which is a member of the Nuclear Suppliers Group , for global civil nuclear cooperation ... via India eNews
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Infineon Technologies AG, Europe&#39;s second-largest maker of semiconductors, plans to invest about $1 billion in a new factory in Malaysia to expand its automotive chip business and be closer to customers in the region.
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AES is moving into wind power, an area that is poised for steady growth.
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Business: 3 January 2005, Monday. The deadline expires for potential investors to apply for the sale of 75% in the state defence plant Terem, the Bulgarian Privatization Agency reminded.
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Royal Dutch/Shell Group, Europe&#39;s second-largest oil company, will boost investment in its European oil and gas unit by $150 million to $1.
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Bulgaria's government on Thursday approved a deal in which Czech energy provider CEZ a.s. acquired 67% stakes in the power distribution companies in Sofia City, Sofia District and Pleven for EUR281.5 million.
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LONDON, December 27 /PRNewswire/ -- Eurocastle Investment Limited (LSE: ECT), an investment company managed by Fortress Investment Group LLC, today announced the acquisition of a portfolio of 109 properties from Deutsche Bank AG for approximately Euro 300
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Investment in manufacturing plant in Lodz could reach $321 million and include 1,000 workers.
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Bulgaria's government and central bank on Thursday signed an agreement about their mutual obligations related to the adoption of the single European currency, the euro.
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Royal Dutch/Shell Group announced Wednesday that it would spend US$1.8 billion on exploration and production in the North Sea, including building a pipeline to transfer gas from Norway to Britain.
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Spanish power firm Iberdrola is expanding into the US by buying Energy East Corp for $4.5bn.
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Business: 22 December 2004, Wednesday. The tobacco processing plant Sokotab Bulgaria, located near Plovdiv, received the Investment 2004 award of the Economy Ministry.
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BAGHDAD - Iraq has agreed to award $1.1 billion in contracts to Iranian and Chinese companies to build a pair of enormous power plants, the Iraqi electricity minister said yesterday. Word of the project prompted serious concerns among American military officials, who fear that Iranian commercial investments can mask military activities at a time of heightened tension with Iran.
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Bulgarian wine maker Domain Menada will open a new EUR4 million plant in the city of Stara Zagora on Tuesday, the Ministry of Agriculture said.
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BUCHAREST, Jan 17 (IPS) - The European Commission (EC) has given a positive  opinion on construction of a nuclear plant at Belene by Russian  Atomstroiexport, controlled by Gazprom.
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Business: 30 September 2004, Thursday. The Supervisory Council of Bulgaria's Privatization Agency approved the contract with Germany's EON Energie for the privatization of 67 percent stake in Northeast Bulgaria ...