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Saint-Gobain To Invest RON25M In Suceava Plant Upgrade
French-held construction material manufacturer Saint-Gobain is planning a 25 million lei (EUR5.5 million) investment in upgrading its plant in Stroiesti, Suceava County (northern Romania).
Kastamonu Invests EUR20M In Wood Processing Plant In Reghin
Kastamonu Romania (the former Prolemn) in Reghin (central Romania), held by one of Turkeys’ leading wood processing groups Kastamonu Entegre, has budgeted almost EUR20 million investments fo...
Antibiotice Iasi To Boost Production Of Creams, Ointments And Gels
A number of 60 million drug packs leave the plant of pharmaceutical producer Antibiotice Iasi annually, 35% to 40% of which topical products (creams, ointments, gels), says chief executive I...
Skanska Invests EUR37.8M In First Phase Of Bucharest-Based Office Project Campus 6
Sweden’s real estate developer Skanska is starting the construction of office project Campus 6, located in central-western Bucharest, in the vicinity of Politehnica University, the company s...
Montana Tech Will Invest RON200M In Satu Mare
Swiss-held Alu Menziken, part of industry group Montana Tech Components AG, will make a 200 million lei (EUR45 million) investment in an aerospace and automotive aluminum extrusion plant in...
Bosch And Pirelli Get EUR50M State Aid
The Finance Ministry last December approved 225 million lei (EUR50 million) state aid for two companies in the local auto industry, Bosch and Pirelli, which will make almost RON1 billion inv...
Croco Biscuit Manufacturer To Boost Production Capacity, Create 400 New Jobs
Croco, Romania’s largest manufacturer of biscuits and cracker sticks, based in Onesti (Bacau County, eastern Romania), will begin an over EUR14 million investment project this year intended...
Year Of Provincial Malls: Satu Mare, Bistrita, Oradea And Ramnicu-Valcea New Cities For Developers To Conquer
Almost 150,000 square meters of modern retail space will open in Romania this year, following more than EUR200 million investments, without any major project, though.
Private Equity Firms Bet EUR1B On Romania In 2016
Private equity firms spent about EUR1 billion last year, a record amount for Romania and five times higher than in 2015. Most money went to retail, real estate, industry and consumer goods s...