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Lidl To Widen Its Romania Network To Over 200 Units In 2012
German retailer Lidl plans to widen this year its Romanian network of stores to 200 units, from 134, with an investment of EUR1 million in each store, Friday said Alin Trnobranschy, south Ro...
Jidvei Earmarked EUR10M For Investments In 2012
Jidvei, one of the largest winemakers on the local market, whose revenue stood at EUR18 million in 2010, set out to make EUR10.7 million investments in 2012. Its most important projects this...
Drug Wholesaler Farmexim Plans To Invest EUR10M In Relocating Logistical Center
Drug distributor Farmexim wants to invest over EUR10 million between 2012 and 2014 in relocating its logistical center from Bucharest’s district Pipera further north.
Pirelli Boss: Protests In Romania Won’t Change Our Plans, We’re Moving Ahead With Investment
Italian tire maker Pirelli, which owns a plant in Slatina (southern Romania), says the EUR160 million investment in the expansion of the facility is not being reconsidered as a result of the...
US Investors Throw $7B At Romania, Finance Ministry Takes Only $1.5B
Romania’s Finance Ministry attracted the highest financing offer in dollars ever registered by a country in the region.
Two Dutch Companies To Create 250 Jobs In Cluj County, Romania
A Dutch logistics company will open its first Romanian office near the Transylvania Highway, hiring more than 100 people, while another Dutch company, which makes equipment for the food indu...
Investors In Mutual Funds: Euro Millionaires, Small Entrepreneurs And Tennis Players
Erste Asset Management, the largest mutual fund manager in Romania, handles 2.8 billion lei (EUR0.64 billion) from over 100,000 customers that include millionaires in euros, entrepreneurs an...
Rompetrol Signed Partnership With Total For $35M Investment Last Year
Titov Buzescu, retail vice-president of Rompetrol, the second-largest oil player on the Romanian market, said cost cuts went ahead in 2011, but investments also continued.
Philip Morris Invests EUR1M To Upgrade Cigarette Factory Near Bucharest
Philip Morris Romania, one of the top three cigarette producers in Romania, said it is investing EUR1 million to upgrade its production facility in Otopeni, near capital Bucharest.