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Alro Slatina Invests Over RON100M In Research-Development
Romanian aluminum producer Alro Slatina (ALR.RO) is acquiring three research-development (R&D) equipment within a EU-funded project worth over RON115 million.
Paper Manufacturer Zewa Wants To Build EUR21M Plant In Romania
Sweden’s Zewa group, one of the leading paper manufacturers in the world, plans to develop a plant in Romania in Paulesti, Prahova, in a EUR21 million investment.
De’Longhi Discussing EUR53M Investment Near Cluj After Having State Aid Application Turned Down
Italian-held home appliances manufacturer De’Longhi’s application for state aid for an investment of 238 million lei (EUR53 million) is among the 30 turned down by the government out of the...
3TS Catalyst Invests EUR0.7M In Recruitment Platform Smartdreamers
Private equity fund 3TS Catalyst will invest EUR0.7 million in Romanian online recruitment platform Smartdreamers for expansion in Romania, Hungary and other regional markets, according to M...
EKR-Elektrokontakt Cancels RON80M Investment In Targu-Jiu
EKR-Elektrokontakt Romania, a manufacturer of automotive wiring part of Germany’s Nexans group, dropped plans for an 80 million lei (about EUR18 million) investment in a plant in Targu-Jiu,...
Ford To Invest EUR130M In Automobile Craiova By 2019
U.S. carmaker Ford will invest a minimum additional sum of EUR130 million from own sources at its Romanian unit Automobile Craiova by the end of 2019, the Romanian Finance Ministry said in a...
Furniture Maker Lemet Invested RON3.1M In Three New Stores
Lemet, one of the largest furniture manufacturers in Romania, has invested RON3.1 million this summer in three new stores, in Craiova, Ramnicu Valcea and Horezu.
Bebe Tei Supermarket Sees RON54M Sales In H1
Children’s products supermarket Bebe Tei of Roxana Maftei, who also owns Farmacia Tei retail pharmacies in Bucharest, posted 54 million lei (EUR12 million) sales in the first half, higher th...
Mahle To Hire 400 People In Timisoara
German-held Mahle Componente de Motor Timisoara, one of the largest exporters in the Timis County (western Romania) plans to invest a new plant to boost production capacity and meet rising d...