INVESTMENT
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Evergent Investments Buys into Nuclearelectrica
Evergent Investments (former SIF Moldova, EVER.RO), the largest financial investment company by capitalization on the Bucharest Stock Exchange, bought into Nuclearelectrica (SNN.RO) in the f...
JLL: Investors Seek to Raise Allocation to Living Assets in Europe
The investment allocation to living assets is set to grow throughout 2021, following the robust performance of the market throughout 2020, which resulted in EUR83.4 billion being invested in...
Biscuit Maker Croco Onesti Posts 10% Rise in Profit to RON38.7M in 2020
Biscuit manufacturer Croco based in Onesti, Bacau County, one of the largest such manufacturers in Romania, posted more than RON38.7 million (EUR8 million) net profit in 2020, an increase of...
Pharmaceutical Manufacturer Biofarm Earmarks EUR10M for Investments in 2021
Pharmaceutical manufacturer Biofarm (BIO.RO) has budgeted RON47.4 million (almost EUR10 million) for investments in 2021, most of which or about 70% will go towards equipping the new product...
Water and Sewer Utility Company Apa Nova Revenue Reaches EUR169M in 2020
Apa Nova, the water and sewer utility company in Bucharest, ended 2020 with more than EUR169 million revenue, higher than in 2019.
Rodbun Invests EUR20M in Largest Logistics Park in Romania’s Agricultural Sector
Agribusiness group Rodbun is preparing an investment of up to EUR20 million in building the largest logistics park in Romania’s agricultural sector with an area of more than 40,000 square me...
Investment Plans Still in Place for Steel Plant Liberty Galati
The situation of the GFG group, the main shareholder of steel plant Liberty Galati, will not affect the operations of Liberty Galati, where GFG’s investment plans have not been shelved, says...
Antibiotice Iasi Expects 7.5% Growth in Revenue to RON366M in 2021
Antibiotice Iasi (ATB.RO), the largest Romanian-held pharmaceutical producer, has budgeted RON366.5 million revenue for 2021, an increase of 7.5% on 2020, as shown in its spending and revenu...
Counsel Group Frankfurt Seeks To Invest EUR700,000 In New Office Space In Iasi And In Headcount Increase
Counsel Group Frankfurt (CGF), specialized in providing software services and solutions, which owns offices in the cities of Bucharest and Iasi, continues its local expansion and is about to...