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Kastamonu Set to Invest in Boosting Production Capacity
Kastamonu Romania (formerly Prolemn), held by Turkey’s Kastamonu Entegre, one of the leading wood processing groups in that country, has budgeted investments in boosting production capacity...
Promateris Invests EUR7M in New Packaging Plant
Packaging manufacturer Promateris, formerly known as Prodplast, plans to make a EUR7 million investment in a new biodegradable packaging plant in Crevedia, Dambovita County.
Foreign Remittances Twice as High as Foreign Direct Investments in Jan-Aug
Romanians working abroad sent EUR2.3 billion back home in January-August 2020, while foreign direct investments reached EUR1.4 billon (adding intragroup loans) and EUR994 million if consider...
DDS Diagnostic Invests Over EUR200,000 in Production of COVID-19 Antigen Tests
DDS Diagnostic, a Romanian company established in 2002 and specializing in in-vitro diagnostic, is making COVID-19 antigen tests in its own plant, following a more than EUR200,000 investment...
DPD Romania Invests EUR500,000 In 3,000 Sqm Warehouse Near Bucharest
Parcel delivery service company DPD Romania, one of the largest courier service firms on the local market, has invested nearly EUR500,000 in a warehouse of 3,000 square meters located in the...
Arcelik Group Invests in Arctic Gaesti to Meet Higher Demand
Turkey’s Arcelik Group, which has two plants in Romania, a refrigerator facility in Gaesti and a washing machine facility in Ulmi, Dambovita County, is investing in the local operations to m...
Asfalt Dobrogea Spends RON21M on Development in 2020
Construction company Asfalt Dobrogea based in Constanta has invested 21 million lei in 2020, with a third of the money going towards boosting asphalt production capacity. The company posted...
Celco Invests RON5M in Constanta Plant
Construction materials manufacturer Celco (Constanta) has invested 5 milion lei in production of autoclaved cellular concrete (ACC) to improve the efficiency of use of this material.
Number of Studios Delivered in 2019 at 20-Year Peak
The number of new studios delivered in Romania has doubled in the past two years, with 5,528 such homes completed in 2019, 28% more than in 2018. The growth rate was high in 2018, as well, w...