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Altex Opens Electro-IT Hypermarket In Over EUR5M Investment In Bucharest
Retail&Consumer

Altex Opens Electro-IT Hypermarket In Over EUR5M Investment In Bucharest

Retailer Altex, Romania's leading electronics retailer held by businessman Dan Ostahie, will be opening an electro-IT hypermarket on Thursday, in capital Bucharest, following an investment o...

Ecaterina Craciun · 29.09.2021 · 13:10 · 1 min
Element Industrial Kicks Off EUR25M Investment in Braila
Real Estate

Element Industrial Kicks Off EUR25M Investment in Braila

Real estate developer Element Industrial, controlled by entrepreneur Ionut Dumitrescu, embarked on a new project in eastern Romania, ELI Park Braila, an over EUR25 million investment.

Bogdan Alecu · 29.09.2021 · 11:05 · 1 min
Solina Romania Set to Complete In Oct EUR17M Investment in Factory Built from Scratch in Alba Iulia
Companies

Solina Romania Set to Complete In Oct EUR17M Investment in Factory Built from Scratch in Alba Iulia

Solina Romania, the former Supremia Grup, one of Romania’s biggest makers of food ingredients and spices, is set to finalize in October a EUR17 million investment in building a plant from sc...

Florentina Nițu · 28.09.2021 · 10:55 · 1 min
Cristian Rada, Blue Air Stakeholder, Invests in New Airline, Hello Jets
Companies

Cristian Rada, Blue Air Stakeholder, Invests in New Airline, Hello Jets

Cristian Rada, Blue Air stakeholder, invests in a new airline called Hello Jets, but the new business line with provide services that are complementary to those of the already existent low c...

Miruna Diaconu · 27.09.2021 · 10:01 · 1 min
Brachotrapez Set to Create 20 Jobs In Wake of State-backed Investment in Baia Mare
Companies

Brachotrapez Set to Create 20 Jobs In Wake of State-backed Investment in Baia Mare

Metal roofing tile producer Brachotrapez, owned by the Polish group of the same name, is going to create 20 jobs in the wake of state-backed investments in a new plant in Baia Mare.

Alina-Elena Vasiliu · 27.09.2021 · 09:43 · 1 min
MedLife Poised to Go Beyond EUR300M in Turnover in 2021
Health

MedLife Poised to Go Beyond EUR300M in Turnover in 2021

With almost EUR90 million earmarked for investments, MedLife, leader of Romania’s private healthcare services market, will go beyond the EUR300 million threshold in terms of turnover this ye...

Roxana Petrescu · 24.09.2021 · 10:40 · 1 min
Cake Maker Natural Set to Continue Production Investments, Enter New Foreign Markets
Companies

Cake Maker Natural Set to Continue Production Investments, Enter New Foreign Markets

Slatina-located cake producer Natural is continuing production investments with a EUR3 million stage, after finalizing a EUR15 million investment project and is also readying to enter new ex...

Alex Ciutacu · 24.09.2021 · 10:31 · 1 min
Renovatio Returns with EUR40M Wind Farm Projects
Energy

Renovatio Returns with EUR40M Wind Farm Projects

Renovatio Asset Management, a company with more than 1,000 MW in renewable energy projects in Romania and the local partner of Portugal’s EDPR, one of the major investors in the local green...

Loredana Frățilă-Cristescu · 24.09.2021 · 08:00 · 1 min
Bega Turism Set to Invest EUR8M in New 150-Room Hotel in Timisoara
Companies

Bega Turism Set to Invest EUR8M in New 150-Room Hotel in Timisoara

Bega Turism, the biggest tourism company in Timis county, controlled by Cristescu brothers, plans to invest EUR8 million in a new hotel in Timisoara, according to the company’s officials.

Catalina Apostoiu · 23.09.2021 · 10:50 · 1 min