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Romania’s Energy Crisis a Result of a Decade of Missed Investment Opportunities
Energy

Romania’s Energy Crisis a Result of a Decade of Missed Investment Opportunities

Romania missed almost EUR7 billion in energy investments in the past ten years: reactors 3 and 4 of the Cernavoda nuclear plant delayed indefinitely, gas and coal-fired power plants, cogener...

Loredana Frățilă-Cristescu · 18.01.2019 · 10:23 · 2 min
Salad Box Founder, Four Other Local Entrepreneurs Invest $250,000 In HomeFresh Startup
Companies

Salad Box Founder, Four Other Local Entrepreneurs Invest $250,000 In HomeFresh Startup

A group of five Romanian investors, among whom entrepreneur Dan Isai, the founder of several businesses, among which Salad Box, have invested $250,000 in the HomeFresh startup.

Ecaterina Craciun · 17.01.2019 · 19:36 · 1 min
Four Romanians Set Up Black Sea Fund, With EUR43M Investment Budget
Companies

Four Romanians Set Up Black Sea Fund, With EUR43M Investment Budget

Investment fund Black Sea Fund, which targets small and medium-sized companies, with EUR5 to EUR50 million revenue, will be investing in firms able to reach foreign markets, and the investme...

Ecaterina Craciun · 15.01.2019 · 18:40 · 1 min
Hungary’s Futureal Plans to Build 1,800 Apartments in Bucharest
Real Estate

Hungary’s Futureal Plans to Build 1,800 Apartments in Bucharest

Hungarian-held Futureal group, via its local division Cordia Romania, plans to develop at least three new residential projects in Bucharest near the project already announced in the Expoziti...

Loredana Frățilă-Cristescu · 14.01.2019 · 09:00 · 1 min
FAN Courier to Develop EUR5M Hub in Cluj-Napoca
Companies

FAN Courier to Develop EUR5M Hub in Cluj-Napoca

FAN Courier, the largest actor on the parcel delivery market in Romania ended 2018 with 14% higher revenue than in 2017 and expects double-digit growth again this year, as a result of develo...

Loredana Frățilă-Cristescu · 14.01.2019 · 08:00 · 1 min
Priorities of New Dacia CEO: First Capacity Boost in Ten Years, EUR100M Investments
Automotive

Priorities of New Dacia CEO: First Capacity Boost in Ten Years, EUR100M Investments

At least EUR100 million investments, the first production capacity boost in a decade, plans for 300 new employees and the launch of a new engine that could take Dacia’s revenue to more than...

Loredana Frățilă-Cristescu · 08.01.2019 · 08:33 · 2 min
Developers to Add 250,000 Sqm of Retail Space in Malls in 2019
Real Estate

Developers to Add 250,000 Sqm of Retail Space in Malls in 2019

Real estate developers plan to add 250,000 square meters of malls in Romania by the end of 2019. Only three new projects should be completed this year, in Sibiu, Targu Mures and Balotesti (I...

Loredana Frățilă-Cristescu · 03.01.2019 · 16:23 · 1 min
Office Buildings Attract Significant Residential Investments Nearby
Real Estate

Office Buildings Attract Significant Residential Investments Nearby

As Bucharest is becoming increasingly crowded, incomes rise, and plots of land become available near office space complexes, developers have started investing in residential projects or even...

Loredana Frățilă-Cristescu · 28.12.2018 · 13:03 · 1 min
Automotive

Continental Prepares Over EUR180M Investments in Romania in 2019

The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research and development and electronic component divisions are e...

Loredana Frățilă-Cristescu · 27.12.2018 · 20:01 · 1 min