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RFV establishes another unit in Romania

Energy efficiency company RFV said it established another unit in Romania, based in Cluj-Napoca.

The unit is RFV's ninth in the country. The units were established to carry out the renovation and operation of district heating systems.

RFV said in December that it expects about half of its revenue in 2011 to come from activities in Romania. New projects in the country are expected to reach full profitability in 2012 and 2013, it said. (MTI – Econews)