CONTINENTAL
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Continental To Expand Timisoara Tire Factory Through EUR40M Investment
The Romanian branch of German car part producer Continental is expanding its tire factory in Timisoara, investing more than EUR40 million and hiring 300 new employees, general manager Pedro...
Enache, Continental Hotels: We Will Build Ten 2-Star Hotels, Sell Plots
Radu Enache, majority shareholder of the Continental Hotels chain, in which Spanish investment fund GED has recently bought a 30% stake, says he has had several meetings with the fund’s offi...
GED Buys 30% In Continental Hotel Chain
Spanish-owned private equity firm GED, one of the most dynamic investors in the Romanian economy over the past two years, bought a 30% stake in the Continental hotel chain from Czech fund PP...
Continental To Hire 2,400 Engineers In Timisoara In New Technology Center
German-held Continental Automotive last week started a EUR20 million investment in Timisoara (western Romania) in a new engineering center and in test labs, on a total area of 30,000 square...
Radu Enache: Basket of loss-offsetting reserves will become empty at a certain moment
Radu Enache, owner of Continental, one of the biggest Romanian hotel chains, which operates 1,890 rooms, said that reserves of several million euros he made from share capital and from other...