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MOL Romania Invests EUR2.3M in LPG Terminal
Energy

MOL Romania Invests EUR2.3M in LPG Terminal

MOL Romania, the local branch of Hungarian oil group MOL, has invested over EUR2.3 million in an LPG (liquified petroleum gas) terminal in Bihor county, western Romania.

Oana Gavrila · 25.05.2017 · 11:13 · 1 min
Energy Producers May Access EUR147M to Invest in Green Energy
Energy

Energy Producers May Access EUR147M to Invest in Green Energy

Energy producers may apply for EUR147 million EU financing to invest in renewable energy and high efficiency co-generation facilities under the large infrastructure operational program, the...

Oana Gavrila · 17.05.2017 · 18:57 · 1 min
Praktiker Invests EUR600,000 In Remodeling Store In Constanta
Retail&Consumer

Praktiker Invests EUR600,000 In Remodeling Store In Constanta

Do-it-yourself retailer Praktiker has reopened the unit in Constanta (south-eastern Romania), following an investment of EUR600,000.

Ecaterina Craciun · 12.05.2017 · 18:13 · 1 min
ArcelorMittal Galati Invests EUR6M In Production Line Upgrade
Companies

ArcelorMittal Galati Invests EUR6M In Production Line Upgrade

ArcelorMittal Galati, the largest steel mill in Romania, invested EUR6 million in the modernization of its zinc coating production line, investment aimed at boosting production volume and me...

Gabriela Stan · 02.05.2017 · 14:04 · 1 min
Damen Galati Shipyard To Make EUR5.6M Investments In 2017, Boost Headcount
Companies

Damen Galati Shipyard To Make EUR5.6M Investments In 2017, Boost Headcount

Damen Galati shipyard, one of the biggest actors in its industry in Romania, has budgeted investment of 25 million lei (EUR5.6 million) this year, as well as a five-fold increase in net prof...

Loredana Frățilă-Cristescu · 01.05.2017 · 00:00 · 1 min
New Residence To Complete 2nd Residential Compound In Romania, In 2017, An EUR10M Investment
Real Estate

New Residence To Complete 2nd Residential Compound In Romania, In 2017, An EUR10M Investment

New Residence, a project developed in Romania by investment fund British Romanian Investment Partnership (BRIP), will complete, in 2017, the second residential compound, located in Drumul Ta...

Ecaterina Craciun · 27.04.2017 · 19:07 · 1 min
Continental Invested EUR12M In Electronic Components Factory In Timisoara
Automotive

Continental Invested EUR12M In Electronic Components Factory In Timisoara

Continental invested EUR12 million in the electronic components factory in Romania’s western city of Timisoara, increasing its production capacity by 30%, the company said in a statement Wed...

Gabriela Stan · 19.04.2017 · 15:58 · 1 min
Meda Prod 98 Owner Invests EUR3M In Factory Expansion
Retail&Consumer

Meda Prod 98 Owner Invests EUR3M In Factory Expansion

Bucharest-based cold cuts manufacturer Meda Prod 98, owned by entrepreneur Luchi Georgescu, will invest EUR3 million this year in the expansion of the factory with a new production line for...

Gabriela Stan · 06.04.2017 · 12:44 · 1 min
Fildas Invests EUR10M In Development Of Logistic Centers In Iasi, Cluj And Bucharest
Health

Fildas Invests EUR10M In Development Of Logistic Centers In Iasi, Cluj And Bucharest

Pharmaceutical wholesaler Fildas Trading, controlled by Anca Vlad, will invest EUR10 million in the construction of a logistic center in Iasi city and in the expansion of logistic capacities...

Gabriela Stan · 04.04.2017 · 18:05 · 1 min