Unblocking Romanian gold and silver mining projects is in the governments plan for attracting EUR 10bn of strategic investments and create 50,000 new jobs

The unblock of the gold and silver mining projects at Rosia Montana and Certej are part of the government’s plan to attract EUR 10 billion worth of strategic investments and create 50,000 new jobs, which was unveiled on Thursday. The national plan states that the...

Select Your Countries:
Albania
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
FYROM
Greece
Montenegro
Romania
Serbia
Slovenia
Turkey
   

    
Select SIX industries you would like to appear:
Aerospace & Defense Agribusiness & Forestry Auto Industry
Capital markets Chemicals Construction & Materials
Economy & Statistics Environment Energy & Utilities
Financial Services Food and Beverage Franchising
Gaming Infrastructure Machinery & Appliances
Marketing & Advertising European Union Metals & Mining
Paper & Packaging Pharmaceuticals Real Estate
Retail Shipping Science
Telecoms, IT, Electronics, Media & Internet Textile & Clothing Tobacco
Tourism Transportation Wood and Furniture
Other        
Note: You can always change your choice later by unchecking the appropriate box or uncustomize all..        

Getting started

The first thing you need to do is choose a news reader, if you already don't have one. This is a piece of software that checks feeds you have requested and lets you read any new articles that have been added. There are various types of news reader. You should choose one that will work with your computer’s operating system.



When you have chosen a news reader, you can decide what content you want to keep up to date with. Please choose from below:

Albania Bosnia and Herzegovina Bulgaria Croatia
Cyprus FYROM Greece Montenegro
Romania Serbia Slovenia Turkey
INTERVIEWS BY BALKANS.COM      

Problems ?

Alternatively, you can paste one of the BBN RSS URLs into a new feed in your news reader.


http://www.balkans.com/rss/english/albania.rss
http://www.balkans.com/rss/english/bulgaria.rss
http://www.balkans.com/rss/english/cyprus.rss
http://www.balkans.com/rss/english/greece.rss
http://www.balkans.com/rss/english/romania.rss
http://www.balkans.com/rss/english/slovenia.rss
http://www.balkans.com/rss/english/bosnia.rss
http://www.balkans.com/rss/english/croatia.rss
http://www.balkans.com/rss/english/macedonia.rss
http://www.balkans.com/rss/english/montenegro.rss
http://www.balkans.com/rss/english/serbia.rss
http://www.balkans.com/rss/english/turkey.rss

Find more about RSS FEEDS !
Name:  Surname: 
Country:  Company name:
Email (Username): (If you would like to change your email address please notify us at news@balkans.com.)
Password:  Confirm password: 
Visak koda  
   
     

MY ALERTS

MAKE NEW ALERT

 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Unblocking Romanian gold and silver mining projects is in the governments plan for attracting EUR 10bn of strategic investments and create 50,000 new jobs



Balkans.com Business News Correspondent - 12.07.2013

The unblock of the gold and silver mining projects at Rosia Montana and Certej are part of the government’s plan to attract EUR 10 billion worth of strategic investments and create 50,000 new jobs, which was unveiled on Thursday.

The national plan states that the exploitation of gold and silver at the Certej concession has to meet new environmental standards. Eldorado Gold holds an 80 percent stake in the project through Deva Gold.

In the case of the Rosia Montana project, the government states the exploitation has to meet new environmental standards protect the cultural heritage and increase the benefit of the Romanian state to 78 percent of what the project generates.

“For Deva Gold and Rosia Montana we want to advance in unblocking these projects, which have to fully comply with the environmental standards, with the Parliament having to decide next regarding the unblock of the projects and the final decision belongs to you,” Ponta told his ministers.

The announcement of PM Ponta came less than two months after the government has spinned-off Minvest Deva, which holds a 19.3 percent stake in Rosia Montana Gold Corporation (RMGC), the miner. Gabriel Resources, which owns an 80.7 percent stake in the miner, is waiting for the final environmental permit from authorities.

The government laid plans to attract investments in five strategic sectors: energy, mineral resources, agriculture, industry and infrastructure.

The exploration of shale gas by Chevron and offshore explorations by OMV Petrom, ExxonMobil and Romgaz were mentioned as the projects that could help Romania become energy independent.

The government’s national plan states that around EUR 1.3 billion worth of investments are estimated to be carried out in industrial parks. The document adds that EUR 166 million in state aid has been approved for companies that invested locally. The value of total approved investments stands at EUR 429 million.

PM Ponta said that around 100,000 new jobs have been created in the past year, adding that the local economy grew by 2.2 percent in the first quarter.
BR


LATEST NEWS ON BALKANS.COM

Related News in English

Povezane vesti na srpskom

Συναφείς Ειδήσεις στα Ελληνικά

Email