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Dr. Oetker Buys Land Plot For New Plant Near Curtea de Arges
Companies

Dr. Oetker Buys Land Plot For New Plant Near Curtea de Arges

Dr. Oetker, the biggest player on Romanian food additive market, is set to build a new plant in Valea Iasului locality of Arges county, after it bought a 14-ha land plot located near its cur...

Catalina Apostoiu · 18.02.2014 · 00:00 · 1 min
MedLife To Open Four New Clinics With EUR4M Investment
Companies

MedLife To Open Four New Clinics With EUR4M Investment

MedLife, Romania's largest private medical services provider, will open four new hyper-clinics by the end of the year, following an investment of EUR4 million, and estimates it will reach a...

Oana Gavrila · 12.02.2014 · 11:12 · 1 min
Leroy Merlin Buys Land For New EUR15M Store
Real Estate

Leroy Merlin Buys Land For New EUR15M Store

French-held do-it-yourself retailer Leroy Merlin, which in the autumn of 2011 opened the first store of Romania in Chitila, northern Bucharest, has recently bought a 4.3-ha land plot in the...

Loredana Frățilă-Cristescu · 07.02.2014 · 00:00 · 2 min
Rompetrol Plans $100M Investment In 2014
Energy

Rompetrol Plans $100M Investment In 2014

Romania’s second largest oil group Rompetrol plans to invest some $100 million in upgrading its local units and building new gas stations in 2014, a senior official said Thursday.

Florentina Dragu · 06.02.2014 · 12:34 · 1 min
Econ Ministry: Parker UK Considering Romania For New Hydraulic Cylinder Plant
Automotive

Econ Ministry: Parker UK Considering Romania For New Hydraulic Cylinder Plant

The British arm of U.S. motion and control systems manufacturer Parker Hannifin Corp is considering opening a new production line for hydraulic cylinders and is looking to Romania as a possi...

Florentina Dragu · 31.01.2014 · 12:33 · 1 min
CEZ Invested RON400M In Romanian Electricity Distribution Network In 2013
Energy

CEZ Invested RON400M In Romanian Electricity Distribution Network In 2013

Romanian power supplier CEZ Distributie, a unit of Czech utility group CEZ, last year invested some 400 million lei (EUR88.5 million) in upgrading its local electricity network infrastructur...

Florentina Dragu · 29.01.2014 · 14:02 · 1 min
Swiss Home Appliances Component Maker Jaeggi Builds EUR20M Plant Near Sibiu
Companies

Swiss Home Appliances Component Maker Jaeggi Builds EUR20M Plant Near Sibiu

Swiss home appliances component manufacturer Jaeggi Industries is to invest about EUR20 million in a production facility in Cristian, Sibiu County, central Romania and create more than 130 j...

Loredana Frățilă-Cristescu · 28.01.2014 · 00:00 · 1 min
Microsoft, Dell and Deutsche Bank Get State Aid For Romania Investments
Analysis

Microsoft, Dell and Deutsche Bank Get State Aid For Romania Investments

Deutsche Bank--which is developing a technology center for Eastern Europe in Bucharest that will employ 500--got a EUR15 million aid from the Romanian government in December to support a EUR...

Loredana Frățilă-Cristescu · 23.01.2014 · 09:33 · 3 min
Green Power Investors Expected To Spend Another EUR3B In Romania In 2014
Energy

Green Power Investors Expected To Spend Another EUR3B In Romania In 2014

Investments in wind farms and solar parks could reach EUR3 billion this year after the EUR6 billion invested in Romania in 2009-2013, ZF has calculated based on the information provided by e...

Loredana Frățilă-Cristescu · 12.01.2014 · 20:34 · 3 min