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TRW Automotive To Hire 1,200 People At New Romania Plant
US automotive component manufacturer TRW Automotive opened a new airbag production facility in Roman, Neamt County (NE Romania) on Wednesday, which will create 1,160 new jobs.
Romgaz Plans To Invest RON1.1B In 2014
Romanian natural gas producer Romgaz Medias (SNG.RO) has planned over 1.1 billion lei (EUR247 million) investment for this year, 30% more than in 2013 after speeding up exploration to uncove...
Flanco Opens Its Second Store In Cluj-Napoca, Following RON1.5M Investment
Romanian electronics retailer Flanco Retail will open its second store in Cluj-Napoca (northwestern Romania) Friday, following an investment of RON1.5 million.
Finland’s Ahlstrom Capital Invests Around EUR10M In 230 Apartments Near Bucharest
Real estate developer BDY Invest, owned by Finnish investment fund Ahlstrom Capital, plans to complete 230 apartments in Bragadiru (near capital city Bucharest) by the end of 2014, following...
Dräxlmaier Group To Open New Factory In Pitesti, Hire 500 People
Dräxlmaier Group, one of the world's largest producers of cables for the auto industry, will open a new factory in Pitesti, southern Romania, where it will manufacture parts and cables for o...
MedLife Opens EUR800,000 Hyper-Clinic In Galati
MedLife, Romania's largest private medical services provider, opened a hyper-clinic in Galati, eastern Romania, its tenth in Romania, following a EUR800,000 investment.
Flamingo Founder To Build Villa Compound In Corbeanca
Businessman Dragos Cinca, founder of electronics retailer Flamingo, will start the construction of a villa compound in Corbeanca, Ilfov county, estimating a EUR10 million initial investment.
DONA To Invest EUR15M In Revamping Pharmacy Chain
DONA pharmacy chain will invest EUR15 million in the next 4-5 years to remodel its 240 units nationwide, in order to refresh the brand’s image, and plans to open another 60 units by 2016, th...
Casa Noastra Owner Invests EUR25M In Residential Compound In Southern Romania
Stefan Cherci, owner of window and door systems producer Casa Noastra, plans to invest EUR25 million in a residential compound in downtown Craiova (southern Romania).