INVESTMENT
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GP Sofa Invests EUR13M In New Furniture Factory
Furniture producer GP Sofa will open a new factory in Satu Mare in May, following EUR13 million investments, the company’s representatives said Monday.
Balaban, CBRE: Romania Attracts More And More Automotive Investments
The already existing infrastructure and the connection to Western Europe along with higher education institutions and already developed supplier network in Timisoara, Sibiu, Brasov and Orade...
ANA Hotels Sees 10% Growth In 2016 Revenue To EUR31.5M
ANA Hotels, the operator of the all tourism businesses of entrepreneur George Copos, ended 2016 with EUR31.5 million revenue, an increase of 9.6% on 2015, which makes it the biggest hotel co...
OMV Petrom To Invest EUR60M In New Polyfuels Unit At Petrobrazi Refinery
OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday announced an investment of nearly EUR60 million for a new unit to be built at the Petrobrazi Refinery, based...
ZF Power Summit ‘17: “If There Is No Support Scheme In Place, Investors Won’t Invest”
Everyone wants the government to give the market free rein but no investment in energy generation gets made without the government getting involved. The market wants long-term bilateral cont...
Investors: No One Is Putting Money Into Huge Energy Projects Any More
The time of big projects has passed; the changes that come with the digitalization of the energy sector make it impossible to freeze significant amounts of money into facilities that will ta...
eMAG Invests EUR1.7M In Online Applications Provider Zitec
Romanian online retailer eMAG said it is investing EUR1.7 million in local online applications provider Zitec which aims to expand on the market by opening offices in the countryside and thr...
New Kopel Group To Invest Over EUR20M In 2017
Operating leasing company New Kopel Group will invest over EUR20 million in its divisions and will buy over 1,500 new vehicles this year, the company said in a statement Tuesday.
CIECH Soda Romania Invested EUR3.3M In Compressor To Boost Factory’s Efficiency
CIECH Soda Romania, the production unit of CIECH Group, invested EUR3.3 million in a compressor imported from Germany, which was inaugurated on Wednesday.