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Dedeman Reaches 56 Stores, Over 12,000 Employees In Romania
DIY retailer Dedeman, the largest entrepreneurial business in Romania, controlled by brothers Adrian and Dragos Paval, is due to open this week its 56th store, in Blejoi, Prahova County.
Holde Agri Invest Set to Take Over Minority Stakes in another Two Agritech Startups This Year
Holde Agri Invest has joined players that have also earmarked a budget to fund innovative projects on the domestic market and by yearend it is likely to announce another two investments in a...
Strauss Romania Invests in Renewable Energy
This year’s biggest projects of Strauss Romania, the maker of the Doncafé coffee brand, are investments in renewable energy, new innovative brands, automation and digitalization, the company...
Horia Ciorcila Set to Open Five-Star Hotel Radisson Blu of Cluj Next Spring in EUR22M Investment
Five-star hotel Radisson Blu of Cluj-Napoca is due to open next spring, after its launch was delayed one year.
Vegetable Oil Ardealul Carei Set to Complete EUR3.5M Investment Project in 2022
Ardealul Carei, one of the largest vegetable oil producers controlled by local entrepreneurs, with turnover topping EUR50 million in 2020, is poised to finalise a EUR3.5 million investment p...
SIF Oltenia Buys 2.7% In Antibiotice Iasi for RON10.6M
Antibiotice Iasi (ATB.RO), the largest Romanian-held drug maker, on Friday reported on the Bucharest Stock Exchange that regional investment fund SIF Oltenia (SIF5) bought 18 million of its...
Italian Group Beltrame, Owner of Donalam Calarasi Steel Mill, Set to Invest EUR200M in New Plant in Romania
Donalam stakeholder AFV Beltrame Group, a major European producer of steel bars and other special steels, has announced a EUR200 million investment in a reinforcing steel and wire rod produc...
Security System Online Retailer Atu Tech Invests Another EUR1M to Develop Own Brand SAFER
Online retailer Atu Tech, mainly specializing in security systems, has earmarked another EUR1 million this year to develop its own system range, known as SAFER, explained Sorin Felea, Atu Te...
Symmetrica Sees Paving Stone Market Reaching EUR165M at End-2021, Up Just 3% YoY
Paving stone manufacturer Symmetrica of Suceava expects Romania's paving stone market to reach EUR165 million at the end of 2021, with its advance amounting to just 3% year-over-year, as the...