INVESTMENT
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Continental Invests RON1.7M In Car Ventilation System Testing Equipment At Its Timisoara Plant
The Continental group, the largest automotive component manufacturer in Romania, has invested RON1.7 million in an X ray testing equipment for car ventilation systems, at its engineering cen...
Bucharest, a EUR150M Bet for Hotel Operators until 2021
Bucharest is witnessing a boom in the hotel sector, where various companies have started work on a number of new hotels that will put about 1,200 rooms on the market by the end of 2021 and r...
Futureal's Cordia Romania Division Plans EUR100M Investments in Bucharest
Hungarian-held Futureal group, via its local division Cordia Romania, seeks to consolidate its Romanian presence by acquiring four land plots in northern Bucharest, where it plans to invest...
EBRD Delegation Visits Romania for Talks to Scale Up Investment
A high level EBRD delegation led by Jurgen Rigterink, First Vice President, and Alain Pilloux, Vice President, Banking, arrived in Bucharest Monday for talks with the Romanian authorities an...
City Grill Group To Invest EUR500,000 In New Restaurant In Bucharest
City Grill Group, one of the leading players in the local restaurant industry, held by entrepreneur Dragos Petrescu, is continuing its expansion in downtown Bucharest and announcing the acqu...
Tymbark Producer Invests over EUR10M in Storage Facility in Vatra Dornei
Polish-held Maspex group, whose brands in Romania include Tymbark, Bucovina and Salatini, invested more than 70 million lei (over EUR15 million) in an aseptic filling line at its Valenii de...
Chocolate Producer Kandia Dulce to Allocate Almost 10% of Its Revenue to Investments in 2019
Chocolate manufacturer Kandia Dulce will allocate about 10% of its revenue to investments this year, says general manager Dragos Militaru, after having invested in brands, development of emp...
Romania’s Home Appliances Production Could Reach over EUR2B
Romania manufactures about EUR1.1 billion to EUR1.3 billion worth of home appliances a year. The production value has steadily increased and even doubled in the past decade, ZF has found fro...
Construction Supplies Manufacturer Daw Benta Invests EUR6.5M in Two Plants
Paint, coatings and other construction supplies manufacturer Daw Benta, held by entrepreneur Aurel Benta and Germany’s Daw, is investing EUR6.5 million in two new plants to make polystyrene...