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Cable TV Service Provider AKTA Earmarks EUR10M For Investments In 2018
Technology &Telecoms

Cable TV Service Provider AKTA Earmarks EUR10M For Investments In 2018

Romania’s largest independent cable TV provider, which operates under the AKTA brand through two companies – Digital Cable Systems (DCS) and AKTA Telecom, has earmarked EUR10 million for inv...

Loredana Frățilă-Cristescu · 24.01.2018 · 11:42 · 1 min
Wielputz Automotive To Invest EUR10M In Production Facility In Craiova
Companies

Wielputz Automotive To Invest EUR10M In Production Facility In Craiova

German car parts and accessories manufacturer Wielputz Automotive on Wednesday signed a contract for the lease of 30,000 square meters in High Tech Industry Park Craiova, where it plans to o...

Ecaterina Craciun · 17.01.2018 · 20:50 · 1 min
CEE Private Equity Firms Bet EUR600M On Romanian Companies In 2017
Companies

CEE Private Equity Firms Bet EUR600M On Romanian Companies In 2017

Five private equity firms in Central and Eastern Europe have been active on the Romanian market in the past year, starting talks, making acquisitions worth millions, tens or even hundreds of...

Loredana Frățilă-Cristescu · 11.01.2018 · 10:18 · 3 min
Meat Processor Agricola Bacau Seeks 5% To 10% Growth This Year
Companies

Meat Processor Agricola Bacau Seeks 5% To 10% Growth This Year

Meat processing group Agricola Bacau seeks to boost revenue by 5% to 10% this year, says chairman Grigore Horoi.

Loredana Frățilă-Cristescu · 09.01.2018 · 10:18 · 1 min
Modern Retailers To Spend EUR400M On New Stores This Year
Retail&Consumer

Modern Retailers To Spend EUR400M On New Stores This Year

Modern retailers will continue expansion in 2018 at the same pace as in 2017, when they opened more than 300 new stores. As retailers have announced and ZF has estimated, modern retail will...

Loredana Frățilă-Cristescu · 09.01.2018 · 00:00 · 2 min
Albert Smart Eggs Producer Posts 15% Growth in Turnover in 2017, to EUR2M
Companies

Albert Smart Eggs Producer Posts 15% Growth in Turnover in 2017, to EUR2M

The producer of Albert Smart Eggs posted a 15% growth in consolidated turnover in 2017, to EUR2 million, driven by higher egg prices in November and December and increased number of customer...

Oana Gavrila · 05.01.2018 · 11:59 · 1 min
Globalworth Buys Two Lands In Bucharest In EUR16M Investment
Real Estate

Globalworth Buys Two Lands In Bucharest In EUR16M Investment

Real estate developer Globalworth, the biggest office space owner in Romania, has bought two lands in Gara Herastrau – Barbu Vacarescu area in capital Bucharest, the most developed office po...

Ecaterina Craciun · 22.12.2017 · 19:45 · 1 min
Strauss Romania Opens Concept Store Under Its Newest Brand, BEANZ, In EUR200,000 Investment
Companies

Strauss Romania Opens Concept Store Under Its Newest Brand, BEANZ, In EUR200,000 Investment

Strauss Romania, the producer of coffee brand Doncafe, has opened a concept store under its newest coffee brand in its portfolio, BEANZ.

Ecaterina Craciun · 19.12.2017 · 20:36 · 1 min
Petrom Invests Over EUR130M In Two Gas Treatment Stations
Companies

Petrom Invests Over EUR130M In Two Gas Treatment Stations

Romania's oil and gas company OMV Petrom (SNP.RO), controlled by Austria's OMV, has completed construction works on two new natural gas treatment stations located in Burcioaia (Vrancea Count...

Ecaterina Craciun · 19.12.2017 · 17:20 · 1 min