INVESTMENT
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Inteva Products Opens New Facility In Oradea
US automotive supplier of engineered components and systems Inteva Products opened Tuesday its second manufacturing plant in Romania, in Oradea, where it plans to hire more than 100 employee...
Medicover To Step Up Investment In Romania
The Medicover group will step up investment in Romania and plans to expand the hospital in the Baneasa area in northern Bucharest and open at least three clinics every year, says chief opera...
CFR SA More Than Doubles Investment Expenses, To RON3.8B, Set To Hire 1,300 Persons In 2015
CFR SA, Romania’s state-owned railway company, has budgeted investment expenses worth 3.8 billion lei for 2015, more than double the 2014 level, according to Transport Ministry data. In 2014...
Kastamonu Romania Heads Toward EUR145M Revenue; Mulls EUR90M Investment
Kastamonu Romania wood processing company, part of the Turkish group of the same name, expects exports to go beyond EUR100 million this year, up 17% on 2014, with deliveries abroad set to we...
Several Local Investors Plan To Build 5,000 Apartments In Southern Bucharest
Several Romanian investors plan to develop 5,000 apartments by next year in the southern part of Bucharest and bought 15 hectares of land for the first stage of the project.
Immochan To Invest EUR12M In Second Stage Of Coresi Development
Immochan, the real estate division of French group Auchan, will invest around EUR12 million in the next year in the second phase of the retail center Coresi in Brasov and in demolition works...
Transelectrica Expects "Investment Boom" In 2017-2018
Romanian state-owned power grid operator Transelectrica (TEL.RO) started earlier a few investment projects announced for 2016 and 2017 as it expects an “investment boom” in 2017-2018, the co...
Gral Medical Opens Two New Clinics In Over EUR1.5M Investment
Romanian private healthcare provider Gral Medical has opened two new clinics this year, in capital Bucharest and in Ploiesti, through an investment worth over EUR1.5 million, and plans to in...
E.ON Completes RON35M Investment Raising Distribution Security
Electricity distributor E.ON Distributie Romania Targu Mures, part of German utility group E.ON, has completed a 35 million lei (EUR8 million) investment introducing the SCADA system in its...