Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

GDF Suez to Invest More Than EU100 Million in Romania in 2012

GDF Suez SA will invest more than 100 million euros ($134 million) in Romania this year in wind and gas projects, exceeding its annual investment average, said Eric Stab, GDF Suez’s country manager in Romania.

The operator of Europe’s biggest natural-gas network will invest about 75 million euros in a 48-megawatt windfarm in eastern Romania, to be completed in November, and the remainder in its gas business, Stab said in a Bucharest interview yesterday. GDF Suez has invested between 60 million euros and 100 million euros on average in past years in Romania and about 75 million euros in 2011.

Romania investment incentives in renewable energy have lured companies, including CEZ AS and Iberdrola SA, with plans to build the continent’s largest land-based windparks in the southern Black Sea region of Dobrogea, where the average wind speed is about 25.2 kilometers per hour (15.7 miles per hour).

“We’re going to invest more because of our windfarm project and it’s going to be a bit over 100 million euros,” Stab said. “We have some other projects in the pipeline, mostly in the renewable sector, in wind as well, but not only” that industry.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.