Nuclearelectrica (stock symbol: SNN), the operator of Romania's Cernavoda nuclear power plant (NPP), on July 16 announced that the European Investment Bank (EIB) has approved a EUR800 million loan for the modernization project of Unit 1 of the Cernavoda Nuclear Power Plant.
Romani's finance ministry raised RON948 million on the domestic market on Thursday, July 16, selling government paper in two auctions, which is below the planned amount of RON1.2 billion.
Swedish furniture retailer IKEA is expending its foothold in Romania's capital city of Bucharest where is set to open a new Plan & Order Point, within the Grand Arena shopping mall.