INVESTMENT
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Pillar II Pension Funds Allowed to Invest up to EUR2B in Infrastructure
The seven Pillar II private pension funds, which manage EUR13 billion assets, will be allowed to invest up to 15% of their assets or EUR2 billion at the current value in long-term infrastruc...
Maspex Romania Invests EUR24M in Storage Space and Production Capacity
Maspex Romania, one of the largest producers of soft drinks and snacks in the country, plans to invest EUR24 million in its center in Valenii de Munte (Prahova) in 2020-2021, in order to boo...
Daniel Guzu Invests EUR1.5M in New Production Facility for Duraziv
Construction materials manufacturer Duraziv of businessman Daniel Guzu will open a new metallic profile production facility this spring, following a EUR1.5 million investment.
McDonald’s Opens Its 37th Restaurant In Bucharest In RON9M Investment
Premier Restaurants Romania, the development partner of McDonald’s in Romania, has opened its 37th restaurant in capital Bucharest, on Valea Cascadelor Street, following an investment of RON...
Metallic Roofing Manufacturer Wetterbest Invests EUR3.3M to Move Baicoi Production to Single Site
Metallic roofing manufacturer Wetterbest, 99% held by construction group Teraplast, started production in a new plant in Baicoi, Prahova County. Wetterbest (called Depaco until several month...
Italy's ABC Assevera Buys into Insurer CertAsig
Italian investment fund ABC Assevera buys into insurance company CertAsig in a “substantial” investment to consolidate its market position.
Omer Susli Invests EUR1.5M in First Homelux Store in Bucharest
Businessman Omer Susli will open his first home decor store Homelux in Bucharest, in the Value Center complex developed by Prime Kapital, on December 5. This is the third Homelux store in Ro...
Meat Industry Group Carmistin Plans to Invest EUR120M in Expansion
Carmistin group, which has more than 20 chicken, pork, beef and farming companies, has invested EUR18 million this year to develop its farms and boost production capacity.
M60 Cafe Founders Reopen Kane Restaurant in Bucharest After EUR0.5M Investment
Founders of the M60 coffee shop announced Tuesday the reopening of the Kane restaurant in Bucharest, located in a historical building, following an investment of over EUR0.5 million.