Reporter
Răzvan Botea
- Fields
- Companies, Macroeconomics, Analysis
- Writing for ZF since
- 2021
- Articles
- 27
Celco Turnover Up 60% in Past 3 Years
Celco, a Constanta-based building materials producer, has boosted turnover by around 60% in the past three years, after, in 2019 and 2020, the construction field posted two-digit growth each...
FIC: Romania’s Economy Could Grow 4.5 Times in Next 40 Years, But Process Can Be Accelerated
Romania’s economy is likely to growth almost 4.5 times in the next 40 years, said the representatives of the Foreign Investors Council (FIC) at an event organized by the council. The process...
Concordia: From 4.2% Economic Growth Projection To Possible Recession
The economic forecast for Romania in 2022 initially was for 4.2% growth, but amid the Ukrainian war a recession can be expected, or, in a more fortunate scenario, a much lower economic growt...
Terapia Cluj Plans to Complete EUR5.5-5.8M Investments in Romania by Yearend
Dragos Damian, CEO of one of Romania’s major drug makers, Terapia Cluj, says the company plans to carry out investments worth EUR5.5-5.8 million in Romania.
Dubai Ports Romania Set to Invest EUR10M in Multimodal Terminal in Aiud
Cosmin Carstea, CEO of Dubai Ports (DP) Logistics Romannia and Dubai Ports Constanta, said DP Romania is set to invest in a multimodal terminal in Aiud, due to be connected via direct trains...
Kaufland Romania Set to Invest at Least EUR375M in 2022
Valer Hancas, communications and corporate affairs manager at Kaufland Romania, says the company has an investment budget of at least EUR350 million for 2022, with the money aimed at expansi...
Tohani Earmarks over EUR9M to Invest in Winery Retooling and Green Energy in 2022
Virgil Mandru, owner of wine maker Tohani, said the company’s investment budget amounts to at least EUR9 million in 2022, aimed at winery retooling and green power.
Tehmag Wants to Launch First Locally-Produced Bielda Machine in 2023
Mihai Nica, co-founder of Tehmag, a company that sells industrial machines, says he plans to start production of Bielda industrial machines in Romania in 2023.
Libris Wants to Build New Book Warehouse; Finds it Hard to Estimate Costs
Laura Teposu, CEO of Libris, a major player on Romania’s book market, says it’s very hard at this moment to budget for a construction amid soaring raw material prices. Her statement comes as...
Major Bets for Romania’s Economy In 2022
The big bets for Romania’s economy in 2022 are related to the 4.6% economic growth rate the government is banking on and on which it built the 2022 state budget. Revenues are expected to gro...
Reynaers Set to Open Two Showrooms, in Brasov and Constanta, in 2022
Daniel Popa, country manager of Reynaers, a producer of aluminum systems for the constructions industry, said the company would open two new showrooms in Brasov and Constanta in 2022 after h...
Speedwell Has Romania’s Secondary Cities on Its Radar, Too
Jan Demeyere, co-founder of Speedwell, one of Romania’s most dynamic real estate developers, said the company has Iasi, Sibiu and Brasov, with a good life quality, on its investment radar.