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Hidroelectrica Invests RON24M In Upgrading Its Plant In Calimanesti
Romanian state-run hydropower generator Hidroelectrica is investing RON23.7 million in modernizing hydropower plant HA1 Calimanesti, and works will be funded exclusively from the company’s d...
Bilka Buys Hidromecanica 2 Platform, Starts EUR20M Investment
Brasov-based metal roofing manufacturer Bilka has acquired the local Hidromecanica 2 platform and plans to invest EUR20 million in the period 2017–2020, mostly into developing products for t...
Fast-Food Chain Spartan Reaches 33 Stores
Spartan, one of the most extensive local fast-food chains, opened a unit in Bacau, eastern Romania, last week, investing EUR90,000, reaching a total of 33 restaurants.
Real Estate Developer ILDC To Allot EUR6M For Second Block Of Estic Park Residential Project
Real estate developer Israel Land Development Company (ILDC) will allocate nearly EUR6 million for the second block of Bucharest-based Estic Park project, for 103 apartments due for completi...
McDonald’s Romania Invests RON2.5M In New Restaurant
McDonald’s Romania, the largest player on the local restaurant market, controlled by Malta’s Premier Capital, will be opening its second restaurant in Bacau and the 69th unit in Romania, fol...
Transavia Owner About To Complete EUR15M Investment In Resort And Golf Course
Ioan Popa, the owner of the largest poultry producer in Romania, Transavia, will complete an about EUR15 million investment in a luxury resort and golf course in a month. The investment is s...
Farm Input Provider Agroind Cauaceu Invests EUR2M In Grain Facility
Grain and farm input provider Agroind Cauaceu is set to open its fifth grain handling and storage facility in Batar, Bihor County (NW Romania).
Bistrita Industrial Park Attracts EUR10M Investments
Industrial park Bistrita Sud, operational since mid-2016, has attracted investments of EUR10 million that will create around 400 jobs in Bistrita-Nasaud county.
Bosch Seeks to Build Washing Machine Factory in Romania
German group Bosch is in talks to invest in a washing machine factory in Simeria, Hunedoara county, just three kilometers from the future Sibiu-Arad highway and a major railway hub.