About 300M euros invested in Electrocentrale Deva

Electrocentrale power station based in Deva (northwest of Bucharest) plans investments worth 295.57 million euros, in the coming three years, Economy Ministry data say. For re-equipping Unit 4, the Company will invest 98.1 million euros and works will take 34 months, starting in the second quarter of 2009. As much as 67.9 million euros of the total investment represents banking loans and 8.7 million euros is own money. The equipment costs 21.5 million euros. Once the project completed ...

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