Norway’s Statkraft Avoids Romania In Its Investment Projects
Thursday, June 24, 2010
Norwegian power producer Statkraft transferred investments projects worth up to EUR1.3 billion to emerging countries as Albania and Turkey, avoiding Romania due to its unfavorable political environment."All projects in Romania were put on hold, due to the unfavorable environment in the past two years. Investments of EUR700-800 million migrated towards Albania, and others, worth EUR500 million, towards Turkey. At least half of these sums could have been invested in Romania," Daniel Pintilie, ...