INVESTMENT
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Sofiproteol To Invest EUR10M By Yearend In Romania
French group Sofiproteol on Friday informed Romanian Prime Minister Emil Boc that it plans to invest EUR10 million this year in technological upgrades at the two plants it owns in the Easter...
State Paper Is Best Shelter From Crisis For Pension Funds
Mandatory private pension funds have sheltered from the sovereign debt crisis by investing preponderantly in government bonds, seeking to offset the significant losses recorded by shares, as...
Banca Transilvania: IT Investments Should Leave Room To Meet The People
Romanian lender Banca Transilvania (TLV.RO) has earmarked large amounts for investment in IT&C, but it has not managed to achieve its goal of replacing paper, Tiberiu Moisa, the bank's execu...
Prefab Seeks Loans Worth EUR20M
Romanian construction materials maker Prefab Bucuresti (PREH.RO) plans to contract bank loans worth up to a total EUR20 million, to support production this year and the investments planned f...
Moldova Universal Reports EUR15M Investment In 80% Complete Mall
Romanian developer Moldova Universal, owned by businessman Danut Prisecariu, has invested EUR15 million so far in the construction of a mall in northeastern Romania, and the unit is set for...
Mohammad Murad To Invest EUR20M In Romanian Seaside Hotels By 2014
Lebanese-born businessman Mohammad Murad intends to invest some EUR20 million over the next two years in four hotels on the Romanian Black Sea coast, and sell other five hotels he owns in se...
Private Healthcare Operator Romgermed Opens EUR0.5M Lab In Bucharest
Romanian private healthcare provider Romgermed on Monday launched its 18th laboratory, in Bucharest, following an investment of EUR500,000.
Pirelli CEO On Romanian Investment: We Want To Be Where Growth Is
Italian tire-maker Pirelli, which has a production unit in Slatina, southern Romania, says the tire market is not crisis-stricken as the car market and the premium tire segment, on which the...
Romania Attracted Record Low FDI In August, Just EUR20M
Investors no longer have faith in the Romanian government policies since foreign direct investment amounted to merely EUR21 million in August, down 82.5% compared to the same period of last...