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Papalekas Bought EUR300M Worth Of Real Estate Assets Since Start Of Crisis
Greek-born Ioannis Papalekas, one of the lowest-profile investors on the Romanian real estate market, has invested more than EUR300 million in office, retail and industrial space and several...
CEZ Stays In Romania, Puts Major Investments On Hold
CEZ Romania will stay on the local market, as it believes Romania has potential, but will not pursue any major development plans for the time being, says chief executive officer Martin Zmeli...
Cristescu Brothers Invest EUR6M In Adventure Park In Tourist Complex In Orastie
The Cristescu brothers are investing EUR6 million in building an adventure park in the Arsenal Park tourist complex in Orastie, Hunedoara county, said complex owner Marius Cristescu.
Arval, BNP Paribas Cardif And Venchi, First Tenants Of Office Building Project Ethos House
The office building project Ethos House, developed by Greek businessman Gkotsis Anastasios, will be completed on October 1, 2014 and companies Arval, BNP Paribas Cardif and Venchi are the fi...
Australian ADX Energy Mulls EUR100M Investment In Romanian Oil Field
Australian oil and gas company ADX Energy estimates it might invest up to EUR100 million in its oil field in Timis County, western Romania, and is looking for investors to help develop the p...
Mulliez Family Bet EUR1B On Romania During Crisis
The French Mulliez family, which has built a retail empire with about EUR80 billion yearly sales worldwide, has invested about one billion euros in acquisitions and development in Romania ov...
Opus Land Completes 1,500 Homes In Cosmopolis Compound In EUR240M Investment
Opus Land Development has finished 1,500 apartments and villas in the Cosmopolis residential compound in northern Bucharest, in an investment totaling EUR240 million.
Vimetco Extrusion, Part Of Vimetco-Alro Group, Completes RON19M Investment
Vimetco Extrusion, part of Vimetco-Alro group, has completed a RON19 million investment to raise efficiency, co-financed with non-reimbursable EU funds.
MedLife Continues Investment In Large Clinics
MedLife, the largest private medical service provider in Romania, will continue investments by opening large clinics in Constanta and Cluj-Napoca this year, while plans for 2015 entail addin...