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ArcelorMittal Completes EUR3M Investment In Energy Efficiency
Steel mill ArcelorMittal Galati has invested EUR3 million in a new vacuum pump in its steel division to raise the company's energy efficiency, under a program aiming to lower energy consumpt...
Western Romania Developed With Infrastructure Investments, While Govt Overlooked Moldavia
The government’s investments in the road infrastructure in Transylvania and Banat allowed the area to attract investors and develop exports, while Moldavia was ignored. Ziarul Financiar pres...
OMV Petrom Cuts Investment Budget, OKs Dividend Payout
Romania’s largest oil&gas company OMV Petrom (SNP.RO) will pay a gross dividend of 0.112 lei (EUR0.025) per share from 2014 profits, almost three times lower than last year, according to the...
Trans-Oil Earmarks $200m For Investments In Romanian Agriculture Sector
Trans-Oil group, controlled by Georgian-born US tycoon Vaja Jhashi, budgeted $200 million investments in the Romanian agriculture sector, following its acquisition of vegetable oil plant Ult...
ArcelorMittal Galati Completes EUR1.8M Investment
Steel mill ArcelorMittal Galati has completed a EUR1.8 million investment that will allow it to reuse some of its raw materials and reduce water consumption.
Danone Invests RON10M In New Technologies
Dairy producer Danone Romania is investing RON10 million (around EUR2.3 million) in new technologies at its plant in Bucharest and will relaunch 50% of its products in new packaging.
Draxlmaier Opens New Production Unit In Brasov In EUR50M Investment
German group Draxlmaier has invested EUR50 million in a new production unit in Brasov, which will make dashboards, consoles and doors for the world's largest automakers.
FM Logistic Invests EUR5M In Petresti-Dambovita Platform Expansion
The local subsidiary of French logistics group FM Logistic is investing EUR5 million to expand its logistical platform in Petresti, Dambovita county, by 10,000 square meters, the company sai...
Chimsport Invests RON10.6M To Boost Production
Chimsport, a company based in Orastie (Hunedoara County in central Romania) and the largest local sporting goods manufacturer, will invest 10.6 million lei (EUR2.4 million) this year to expa...