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FDI Stock Up 22% In Romania In 2008-2013
Foreign direct investment stock rose by 22% or EUR11.1 billion to almost EUR60 billion between 2008 and 2013, despite a very low growth rate last year.
Romanian Developer Invests EUR30M In Luxury Residential Project In Bucharest
Local real estate developer SKV Properties has started construction works on a EUR30 million luxury residential project near the Herastrau Park in Bucharest.
Coilprofil Adds New Production Line To Factory In Prahova
Metallic tile producer Coilprofil, part of Belgium’s Coilprofil group, has expended its product line and installed a new production line at its factory in Ceptura, Prahova county.
Altex Opens Store In Targu-Jiu, Following EUR400,000 Investment
Electronics and appliances retailer Altex has opened a new store in Targu-Jiu (southwestern Romania), in shopping center Shopping City Targu-Jiu, following an investment of EUR400,000.
Turkish Manufacturer To Hire 200 For Plant Near Automobile Dacia
Automotive seating systems manufacturer Martur, held by Turkish Ustunbek group and UniCredit, will hire 200 people for a plant in Cateasca, Arges County.
Amethyst Invested EUR50M In Medical Centers In Six Countries
Amethyst, a cancer treatment center started in Bucharest, is now operating six centers in Romania, Poland, Germany and France, following EUR50 million investments.
Dumagas Transport Invests EUR5M In Fleet Expansion, Eyes Over RON200M Turnover In 2014
Transport and logistics company Dumagas Transport has invested EUR4.8 million in expanding its fleet of trucks and trailers and sees its turnover growing by 3-5% this year and by 10% in 2015...
Alro Increases Investment Budget To $18M
Romanian aluminum smelter Alro (ALR.RO), controlled by Russia’s Vimetco, wants to add $4 million to its 2014 investment budget, to an overall $18 million, in a bid to achieve its production...
Miele Invests EUR1M To Expand Production Capacity In Brasov
Germany’s premium home appliances manufacturer Miele will invest EUR1 million in expanding the production capacity at its plant in Brasov that makes electronic components for its products. T...