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Dedeman Invests EUR11M In New Store
Construction materials retailer Dedeman Bacau on Thursday said it has invested EUR11 million to build a store in Alba Iulia, bringing its network to a total 25 units..
Suceava County To Invest EUR29M In Sewage, Water Purification
Authorities in northeastern Romanian county Suceava will invest some EUR29 million in sewage networks and water purification stations, using money from the Environment Fund and the National...
Continental Plans To Reach EUR400M Turnover At Sibiu Plant In 2015
German auto components supplier Continental Automotive Systems is investing EUR35 billion to boost the production capacity of its Sibiu plant. The project, to be finalized in 2012, will expa...
Flanco Launches Its Largest Store, With EUR2M Investment
Romanian electronics retailer Flanco launched Friday its largest store, within the Unirea Shopping Center following an investment of EUR2 million.
Regina Maria Buys Promed Clinic, Taps Into In Vitro Fertilization Business
Private healthcare operator Regina Maria, owned by investment fund Advent International, has bought a “significant stake” in Bucharest’s Promed clinic, thus tapping into the in the segment o...
Romania, Gazprom Discuss Direct Supply Agreements, Wider Collaboration
Russian giant Gazprom is willing to conclude direct gas supply contracts with Romania, and it plans to invest in gas storage and power plants locally, Tuesday said Economy Minister Ion Arito...
Obi Romania Drops Expansion Plans For 2011
DIY retailer Obi Romania, owned by German group Tengelmann, will not go through with its plans to open new stores in 2011, because of the economic crisis and a failure to agree with real est...
Private Hospitals On The Rise. What It Takes To Build Them
The fever of private hospital openings which has gripped Romanian investors in the last few years peaked in the first half of 2011, when projects worth a total of over EUR100 million were in...
Romanian Te Rox Prod Invests EUR7.2M To Export Child Seats
Romanian child seatbelt maker Te Rox Prod on Monday said it plans to make and export child seats under its own brand, following an investment of EUR7.2 million in a production unit.