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Lithuania’s Apex Alliance Invests EUR90M In Four Hotels In Bucharest
Lithuania’s Apex Alliance, held by a number of investors, such as Nerijus Numavicius, regarded as the richest man in the Baltic country, will invest EUR90 million to build four hotels in Buc...
Turkey's Doğu Pres Invests EUR10M in Greenfield Project in Iasi, NE Romania
Turkish automotive industry supplier Doğu Pres will invest EUR10 million in a greenfield production unit in Iasi, northeastern Romania.
Dairy Producer Olympus Invests EUR20M in New Production Line
Greek dairy producer Olympus, which owns a dairy factory in Brasov county, central Romania, has invested over EUR20 million in a new production line and will launch a new brand of Greek yogu...
Ploiesti Shopping City Invests EUR1M in Food Court Remodel
Ploiesti Shopping City, developed by Carrefour Property Romania and NEPI Rockcastle, will invest EUR1 million to remodel its food court area, which will get five new tenants.
Secom Plans EUR3.3 Million Investments For 2018
The owners of dietary supplements distributor Secom, the Costea family, plan to invest EUR3.3 million in opening new stores and expanding the product portfolio this year.
Israeli Group Villar Invests EUR11M In Residential Project In Herastrau Park Area
Israeli group Villar, the real estate developer which had built Vitan Business Center and Dorobanti Office Building, invests EUR11 million in a residential project in Bucharest’s Herastrau P...
Vel Pitar Invests In New Industrial Bakery In Bucharest
Bakery goods producer Vel Pitar, held by private equity firm Broadhurst, will build a new industrial bakery in Bucharest this year, following an over 12 million lei (EUR2.6 million) investme...
French-Held Eyeglass Lens Maker Essilor Looking At Romania For Manufacturing Investment
French-held Essilor, which has an eyeglass lens distribution subsidiary in Romania, is considering expanding production to Central and Eastern Europe and the top two countries considered are...
Romanian Energy Ministry Pays RON20.9M Tranche for Romgaz Iernut Power Plant
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) said Wednesday the Energy Ministry paid RON20.9 million Tuesday, the first draw for Romgaz' investment in a combined cycle gas t...