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Romania loses ground in its fight to attract 5 billion euro investments

Austrian group Voestalpine signed an agreement memorandum with Bulgarian authorities

de A.C.
Luni, 8 septembrie 2008, 16:52 English | Regional Europe

The Austrian group Voestalpine signed on Monday an agreement memorandum with Bulgarian authorities and is one step away to choose Bulgaria for its 5 billion euro investment it plans for Europe, Novinite informs. Also in the race are Romania, Turkey and Ukraine but the Austrians did not sign any agreement with our country.

The memorandum was signed by the Bulgarian Economy and Energy minister, Petar Dimitrov and by the Austrian group's financial director, Alfred Dusing. Bulgarian authorities are determined to attract the group to their country and declared that they will pay some 150,000 euro for foreign consultants who would help them negotiate.

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