EXPANSION
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Teilor Plans to Invest RON30M by Yearend to Expand in Romania, Poland, Hungary
Jewelry chain Teilor plans to invest RON30 million by yearend to develop its store network in Romania, Poland and Hungary, with the amounts earmarked per project averaging RON3.5 million.
Jewelry Chain Teilor Readies Stock Market Listing
Jewelry chain Teilor, controlled by entrepreneur Florin Enache, is readying to list on the Bucharest Stock Exchange through a bond issue, in line with ZF data.
Austria's ALPLA To Invest EUR7.5M in Recycling Plant in Targu Mures
Austrian giant ALPLA, with annual turnover of EUR3.7 billion and 178 plants in 45 states worldwide, is to build a recycling plant in Targu Mures in the wake of EUR7.5 million investments.
Impact Shareholders Greenlight RON194M Capital Increase
The management board of real estate developer Impact Developer & Contractor (IMP.RO) approved a share capital increase by a maximum of RON194 million via the issue of 775 million shares.
Agroserv Mariuta Wants to Go to Germany, Austria, Switzerland
Adrian Cocan, founder of Agroserv Mariuta, the company owning the Laptaria cu Caimac brand, with RON49 million turnover in 2020 and around 200 employees, says he plans to take his products t...
Simtel Team Set to Expand to Cities Of Cluj, Timisoara, To Countries Like Moldova, Bulgaria, Ukraine
Iulian Nedea, CEO and one of the three founder of Simtel Team (SMTL.RO), says the General Shareholder Assembly will be convened soon to approve a capital increase meant to fund development p...
FintechOS, Romania’s New Tech Star, Enters US Market
FintechOS, the Romanian startup developing digital solutions for the financial industry, is tapping the US market, where it is set to work both for traditional banking and lending institutio...
Bolt Challenges Uber in Romania: It Has 10,000 Drivers in 18 Cities and Is Set to Expand Further
Estonian-held Bolt has more than 10,000 drivers in Romania, double the number reported six months ago, as the platform operates in 18 cities of the country, explained Cristi Salceanu, countr...
Pinum Poised to Open New Plant in Northern Bucharest in EUR6-7M Investment
Door and window manufacturer Pinum Doors & Windows, part of Italy’s group Nusco, is set to open a new plant in Romania in northern Bucharest, in the wake of investments worth EUR6-7 million,...