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Monday, July 04, 2005
Business in Romania blog
South Korea's Samsung is interested in taking over local companies from the lamination and tubes industries, stated representative of the Ministry of Economy and Commerce.

Samsung could also invest in infrastructure upgrade projects and could set up a computerized traffic system in Bucharest.

The South Korean company announced it will develop the Power Line Communication system, listed on the pilot projects of the local power distributor Electrica.

The system allows broadband transmission through power lines.

Posted by Iulia Rasoiu : 7/04/2005 10:08:00 am New Samsung's investment in Romania
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