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BNR Revises Slightly Down Romania's 2013 FDI To EUR2.71B
Macroeconomics

BNR Revises Slightly Down Romania's 2013 FDI To EUR2.71B

Romania’s central bank has revised slightly downwards foreign direct investment data for 2013 to 2.712 billion euro, from EUR2.14 billion in the previous year, the bank said in a news releas...

Bogdan Neagu · 30.09.2014 · 16:45 · 1 min
Pfizer: Low Workforce Costs Make Romania Attractive For Investments
Health

Pfizer: Low Workforce Costs Make Romania Attractive For Investments

Low workforce costs in Romania was one of the main reasons Pfizer decided to invest in packaging units here, Nolan Townsend, country manager of Pfizer Romania, said Monday at the ZF Pharma S...

Oana Gavrila · 29.09.2014 · 14:11 · 1 min
Polipharma Industries To Start Cancer Drug Production In 2015
Health

Polipharma Industries To Start Cancer Drug Production In 2015

Sibiu-based Polisano group has invested EUR60 million in medicine production facility Polipharma Industries, both in the generic drug section and in the cancer drug section, the latter of wh...

Ecaterina Craciun · 29.09.2014 · 13:23 · 1 min
ANRE: EUR2B Clean Energy Investments Won’t Materialize
Energy

ANRE: EUR2B Clean Energy Investments Won’t Materialize

The number of green energy producers rose by a factor of 186 and the installed capacity by more than 217 times in 2005-2013, following almost EUR6.5 billion investment. This year, however, h...

Loredana Frățilă-Cristescu · 29.09.2014 · 00:00 · 2 min
Sandoz Invests EUR13M In Doubling Capacity Of Romania Plant
Health

Sandoz Invests EUR13M In Doubling Capacity Of Romania Plant

Drug manufacturer Sandoz, part of the Novartis group, will invest EUR13 million in doubling the capacity of its plant in Targu Mures by the end of 2015.

Loredana Frățilă-Cristescu · 26.09.2014 · 00:00 · 1 min
EBRD Grants EUR20M Funds To Soufflet For Investments In Romania, Poland, Ukraine
Banks-Insurance

EBRD Grants EUR20M Funds To Soufflet For Investments In Romania, Poland, Ukraine

European Bank for Reconstruction and Development (EBRD) will grant EUR20 million financing to French group Soufflet, which will invest in Romania, Poland and Ukraine, to extend its network o...

Gabriela Stan · 18.09.2014 · 13:18 · 1 min
Danubius Hotels Group Invests EUR7M In Modernizing Bradet Hotel
Companies

Danubius Hotels Group Invests EUR7M In Modernizing Bradet Hotel

Hungarian group Danubius Hotels has invested EUR7 million in modernizing the Bradet Hotel in Sovata (in Romania's central-northern county of Mures), which is currently rated four-star superi...

Ecaterina Craciun · 12.09.2014 · 14:32 · 1 min
Three Romanian Entrepreneurs Invested EUR3M In Bucharest Beer Garden
Retail&Consumer

Three Romanian Entrepreneurs Invested EUR3M In Bucharest Beer Garden

Three Romanian entrepreneurs, including eMag owner Iulian Stanciu, invested around EUR3 million in Beraria H, a beer garden open Friday in the Herastrau Park in Bucharest.

Oana Gavrila · 12.09.2014 · 14:08 · 1 min
Holcim Romania Invested EUR6M To Extend Waste Co-Processing Capacity
Real Estate

Holcim Romania Invested EUR6M To Extend Waste Co-Processing Capacity

Swiss-based construction materials maker Holcim has completed the extension of its waste co-processing platform in Campulung, Arges county, following a EUR6 million investment co-funded by t...

Oana Gavrila · 10.09.2014 · 15:40 · 1 min