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Wine Maker Cotnari Invests EUR6M In 2011
Romanian wine maker Cotnari on Monday said it has invested over EUR6 million this year, mainly in expanding storage capacity, replanting 360 hectares of vineyard and buying new machinery.
Avicarvil Plans EUR8M Investment In Romanian Poultry Farms By End 2012
Romanian group Avicarvil on Friday said it has invested over EUR12 million so far in the poultry farms it runs in Valcea county, and it plans to invest another EUR8 million in upgrades by th...
Electrawinds Plans 200-MW Wind Farms In Romania
Belgian energy producer Electrawinds on Friday said it plans wind farms with a total output of 200 MW in Romania, after completing last year a first project, with an installed capacity of 3...
Ropharma Adds RON2.9M To Teo Health Share Capital Hike
Romanian medicine wholesaler Ropharma Brasov (RPH.RO) on Thursday said it will contribute 2.9 million lei (EUR685,000) to the share capital increase of private healthcare provider Teo Health...
Cigarette Maker JTI To Invest EUR25M In Romanian Production Line Expansion
Cigarette producer Japan Tobacco International (JTI) will invest EUR25 million to expand its production line in Romania’s capital Bucharest, and plans to hire 140 people, a company official...
ArcelorMittal Iasi Invests $11M In New Cold Forming Line
Romanian steel pipe maker ArcelorMittal Tubular Products Iasi (TPRO.RO), a unit of UK-based steelmaker ArcelorMittal, invested $11 million in a new line of cold forming, the company said in...
Economy Ministry: State-Run Companies To Invest RON16.7B By Yearend
The Romanian Economy Ministry on Wednesday announced that 18 companies it controls will complete investment worth a total 16.7 billion lei (EUR3.9 million) between July and December 2011, tw...
Italian Pirelli To Invest EUR450M In Romania By 2014
Italian group Pirelli on Tuesday said it has invested more than EUR300 million in Romania and it plans to invest a total EUR450 million by 2014, in two tire and metal cord plants.
Clothing Retailer New Look Plans To Invest EUR10M In Romania In Medium Term
British clothing retailer New Look on Friday said it plans to invest some EUR10 million in Romania, over the next 5-8 years, to launch 20 stores, including four units set for launch this yea...