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Franke Owner Invested EUR16M In Land Near Timisoara To Sell It To Industrial Investors
Swiss billionaire Michael Pieper, owner of the kitchen appliance manufacturer Franke, has invested about EUR16 million in land near Timisoara in the last seven years, where he plans to attra...
Prysmian Invests EUR30M In Two Cable Factories In Slatina
Italian cable manufacturer Prysmian will invest around EUR30 million in a factory that will produce power cables and in the expansion of its existing fiber optic cable production unit in Sla...
Socar Invests EUR1M In Its 32nd Gas Station In Romania
SOCAR Romania, part of Azeri oil group SOCAR, on Friday said it opened its 32nd gas station in Romania, in central county of Sibiu, following an investment of EUR1 million.
Romania To See New Automotive And Energy Investments In Next 2 Or 3 Years
The automotive industry and energy sector will get new investments from foreign companies in the next two or three years, as the automotive component sector has already attracted major compa...
Rodbun Grup Invests EUR2M In Grain Processing Unit In Braila
Rodbun Grup, specialized in the distribution of seeds, pesticides and fertilizer, will invest EUR2 million to build in Tichilesti (Braila county) one of the largest grain processing units in...
Cris Tim Invests Over EUR5M In Ready Meal Factory And Winery
Cris Tim, one of the largest producers in the Romanian food industry, will invest over EUR5 million this year in a ready meal factory and a winery, group president Radu Timis told MEDIAFAX.
Christian Tour Expands To Hungary And Serbia And Opens Online Agency This Year
Christian Tour, one of the largest tour operators in Romania, will open branches in neighboring Hungary and Serbia this year and will open an online agency that will mainly promote offers in...
GECAD Invests $1.5M In App Developer
GECAD Group has invested $1.5 million in Gluru, a London-based start-up founded by former employees of Google, Amazon, Rackspace and Apple, who will develop applications built on a platform...
Only One Third Of Estimated Capacity Installed In Solar Parks And Wind Farms In 2014
About 480 wind turbines should have been deployed last year, yet by the end of November only 175 of them had been installed, which means the authorities’ estimates about the clean energy mar...