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Donalam Calarasi Invests EUR4M in New Equipment
Donalam steel mill in Calarasi, one of the main laminated steel bar manufacturers, part of Italy's Beltrame, has invested nearly EUR4 million in special steel bar treatment equipment.
Caroli Foods Group Plans to Invest More Than EUR5.5M This Year
The food industry has had its share of challenging times such as during the bird flu or African swine fever and came out stronger every time. It will come out stronger after the COVID-19 pan...
Oil Terminal Seeks To Contract RON31.2M Loan To Finance Shoretank Investment
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) seeks shareholders' approval for contracting a long-term loan worth RON31.2 million, VAT included, in order to finance...
Decathlon Keeps Investing in Romania, CEO Says
Decathlon is the undisputed leader of the sporting goods retail in Romania, with some EUR200 million sales in 2018, according to the latest publicly available data. It has a network of 27 br...
PVC Door and Window Maker Izotec Rethinks Strategy, Makes Investments in New Products
PVC door and window manufacturer Izotec Group in Piatra-Neamt (NE Romania) says sales have gone down amid the COVID-19 pandemic in the past few weeks but it has adjusted plans for 2020 and i...
Ion Bican, Kärcher: Second Plant In Romania Only Kärcher Investment Going Ahead In 2020
Germany’s Kärcher group, which makes vacuum cleaners in its own plant Curtea de Arges, Romania, plans to expand with a second manufacturing facility in the same city. This will require a EUR...
Nordis Group Invests EUR70M In Mixed-Use Compound In Mamaia Nord
Real estate developer Nordis Group, established by real estate consultant Emanuel Postoaca, is building a mixed-use compound in the Mamaia Nord seaside resort, including a five-star hotel an...
Romania Can Attract New Production Facilities From Asia To Europe, But Needs Infrastructure
The activity of the logistics companies was affected by the crisis caused by the COVID-19 pandemic, as the artificial rise in demand in March required larger inventories only to drop in Apri...
Construction Panel Maker Isopan Est CEO: Major Investors Have Not Stopped Investments
The construction panel market will not shrink because of the crisis caused by the COVID-19 pandemic because the major investors continue with their investments as scheduled and orders keep c...