Jan. 18 (Bloomberg) — General Electric Co. plans to complete the installation of 200 megawatts of wind turbines in Romania at a wind park developed by CEZ AS by the end of the year as scheduled.
“The connection of the 200 megawatts to the country’s power system, operated by Transelectrica SA, depends on the grid’s capacity and functionality,” Carmen Neagu, a director at GE’s Romanian unit, said in an interview in Bucharest today.
GE has already installed wind turbines with a combined capacity of 400 megawatts in the project in Romania’s southern Dobrogea region. The most recent installation will make it Romania’s biggest wind park with a capacity of 600 megawatts.
Romania had an installed wind-energy capacity of about 982 megawatts at the end of last year, out of which about 850 megawatts were fully operational, Dana Duica, head of the Romanian Wind Association, said yesterday.
Source: Business Week
Q: How did 2012 start for the residential market in Iasi?
Dan Mihoci: The real estate market is headed towards normalcy, without “sentimental” pretentions of the seller or unfounded requests from buyers with an evident need for consultancy, for both buyers and sellers. Despite the bad weather and the economic and political instability, the real estate market is an interesting chapter for everyone.
Q: In 2011, the year started with a high level of interest but few transactions. How did the market evolve ... 
