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Penny Market Invests EUR19M In Third Logistic Center In Romania
Discount retailer Penny Market, controlled by German group Rewe, opened its third logistic center in Bacau county, eastern Romania, following investments of over EUR19 million.
Michelin Group Invests EUR60M In Michelin Zalau Cord Plant
Michelin group will invest EUR60 million in the metallic cord plant Michelin Zalau Cord in Zalau town, northwestern Romania, thus creating 140 jobs and increasing production capacity by 50%,...
Iulian Dascalu’s Real Estate Investments Reach EUR620M
The investments businessman Iulian Dascalu who runs real estate developer Iulius Group has made in Romania so far amount to EUR620 million and went to retail and office space complexes in Ia...
Dairy Producer Simultan To Boost Plant Capacity By 50%
Dairy producer Simultan of Romanian entrepreneur Florin Herbai plans to invest about EUR6 million in its dairy plant in Timis County, in a logistics warehouse and in adding more vehicles to...
Elis Pavaje Invests EUR10M In New Paving Setts And Curbstone Plant
Paving setts and curbstone manufacturer Elis Pavaje started the construction of the third plant of the company due to the higher demand of products on the segment of public works and residen...
Owners Of Mercure Hotel In Bucharest To Invest EUR10M In An Ibis
The Dogariu family, who owns the four-star Mercure Hotel in downtown Bucharest, plans to invest EUR10 million in another hotel also in Bucharest, market sources say.
Surprise Move In Retail Sector: EBRD Gets Minority Position In Profi Supermarkets Via Equity Investment
The European Bank for Reconstruction and Development (EBRD) is making a EUR25 million equity investment in Profi Rom Food, the bank said in a release. The money goes towards the opening of “...
ArcelorMittal Galati Invests EUR12.5M In Equipment For Heavy-Plate Rolling Mill
ArcelorMittal Galati, the largest steel mill in Romania, has put into operation the new hot-rolling machine serving the heavy-plate rolling mill no. 2, following EUR12.5 million investments,...
GreenWeee Invests EUR8.5M In New Factory And Modernization Of Its Plant In Buzau
Romanian company GreenWEEE International, specialized and treating and recycling electronic and electrical waste, is opening a new factory, managing thus, to double its waste treatment capac...