INVESTMENT
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NEPI And Ovidiu Sandor Complete First Phase Of The Office In Cluj
Timisoara businessman Ovidiu Sandor, who developed and sold the City Business Center (CBC) business park in that city to property investment fund NEPI, has completed the first office buildin...
Romania, Favorite Destination Of Northern And Western European Investment Funds
Romania is a favorite destination of northern and western European investment funds ‘because it’s looking very good’ with its surprising economic growth of last year, highly skilled and chea...
Stirom To Put Into Operation RON166.3M Glass-Melting Installation
Romanian glass container producer Stirom Bucharest (STIB.RO) will put a glass-melting installation into operation Thursday, following an investment of 166.3 million lei (EUR37.8 million).
Azomures Borrows EUR66M To Upgrade Urea Plant
Romanian chemical fertilizer maker Azomures has borrowed EUR66 million from Czech banks Ceska Sporitelna and Ceskoslovenska obchodni banka to upgrade its urea melt plant, the company said in...
Bankrupt Cortina Residence Revived By Local Investor
Cortina Residence, a development started by Italy’s Cefin group and investment fund Heitman on a 7,500 square meter plot near the Baneasa (Aurel Vlaicu) Airport in northern Bucharest, has be...
Food Industry Investors Branch Out Into Solar Farms
“More and more customers, especially foreign ones, are interested in our production process,” said representatives of Supremia Grup, a food ingredients and spice business turned solar farm o...
NCH: We’ve Got The Cash But Little Choice Of Acquisitions
US private equity and venture capital firm NCH shareholders have got the money for new acquisitions in Romania but hardly a choice of targets in the country, says Siminel Andrei, the general...
Policolor Resumes Resins Production In Ruse
Paint and lacquer maker Policolor-Orgachim will resume resins production following an investment of EUR3.6 million in rebuilding and modernizing the production facility Orgachim Resins in Ru...
Wine Producer Vitis Metamorfosis Invests In Tourism Sector
Premium wines producer Vitis Metamorfosis, controlled by Italian family Antinori, plans to extend in tourism sector, after it bought a EUR90,000 manor in Buzau county, eastern Romania, which...