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U.S. Plexus Opens $30M Plant In Romania
U.S. telecom equipment maker Plexus has officially opened its plant in Oradea (northwestern Romania), following an investment of $30 million.
MOL Romania Opens New Gas Station In EUR1M Investment
Hungary’s oil and natural gas company MOL said Wednesday it opened a new gas station in Romania, following a EUR1 million investment, thus expanding its local network to 138 units.
Romgermed To Invest EUR2M In Its Clinical Labs
Romanian private healthcare provider Romgermed will invest over EUR2 million in its medical laboratories in the upcoming months.
Verbund: We Cannot Remove Existing Turbines, But We Could Discard Projects Of Around EUR100M
Verbund, the largest energy company in Austria, says it will not go ahead with investments of almost EUR100 million in expanding the wind project in Casimcea (Tulcea) if the support scheme i...
Auto Manufacturers: Authorities Promise Infrastructure Projects, But Fail To Carry Them Out In Time
The slow development of infrastructure is one of the main reasons why Romania does not get more investments from car part manufacturers, along with the fact that authorities promise infrastr...
NEPI To Build Office Tower, Renovate 1922 Bucharest Villa In EUR15M Investment
South-African investment fund New Europe Property Investments (NEPI.RO) will invest some EUR15 million to rehabilitate a historical villa near the Government headquarters and develop a 6,500...
Opel Romania GM: Investors Still Interested In Romanian Car Industry
Investors are still interested in the Romanian car market, while most of them are already present in the local car industry with older projects, Opel Romania general manager Cristian Milea s...
Ecopaper Zarnesti To Double Paper Production Capacity By 2015 Following EUR10M Investment
Paper maker Ecopaper, controlled by businessman Vladimir Cohn, will invest 43.5 million lei (EUR10 million) to double the production capacity at its plant in Zarnesti to over 600 tons/day by...
Romania 1Q Net Investment Up 0.5% On Year To RON12.3B
Romanian net investments grew a modest 0.5% to 12.35 billion lei (EUR2.8 billion) in the first quarter of 2013 from the year-earlier period, held back by falling activity in constructions, t...