Iraqi group Mass Group Holding confirmed during talks with Romanian Prime Minister Nicolae Ciuca on March 6 that a €1bn project to develop the most-advanced gas-fired power plant in Europe will be delivered in line with the schedule agreed. Mass, which is registered in the Cayman Islands with its headquarters in Amman, Jordan, took over Romanian coal-fired plant Mintia for €91.2mn last year, and will develop the gas plant on the site.
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