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Oresa Plans Two Acquisitions In Romania By Yearend, With EUR30M
Swedish investment firm Oresa Ventures expects to conclude at least two acquisitions in Romania by the end of the year, worth a total EUR30 million, company official Cornel Marian told MEDIA...
Farmers' Ethanol To Invest $200M In Prahova Energy, Farming Complex
U.S. company Farmers' Ethanol wants to invest $200 million in an energy and farming complex, located on 400 hectares in Prahova county, southern Romania, and has signed a memorandum of under...
Thermal Power Plant Rovinari Seeks Constructor For RON245M Project
State-owned thermal power producer Rovinari plans to contract works worth an estimated 244.7 million lei (EUR59.2 million) for the construction of a gas desulfurization unit.
Volksbank Romania Pumps EUR3M In Network Upgrades, Says Here To Stay
Volksbank Romania will invest over EUR3 million in network upgrades in 2011, as part of a wider strategy tweaking to restart growth, deputy president Lucian Cojocaru said Thursday.
MedLife Launches Pediatrics Hospital In EUR13.5M Invest
Romanian private healthcare operator MedLife on Wednesday launched a pediatrics hospital in Bucharest, following an investment of EUR13.5 million.
Henkel Builds New Plant To Boost Production By 40%
Germany’s Henkel group, which owns two building materials and adhesive plants, will start building its third plant in October, in Roznov, southeast of Piatra-Neamt, with investment planned a...
GSK Invests EUR5M In Brasov Production Unit
UK drug maker GlaxoSmithKline (GSK) has budgeted investments worth 21 million lei (EUR5 million) in its Brasov plant, with one of the projects being a lab set to be completed in 2012.
Akzo Nobel Coatings Eyes 20% Rise In 2011 Romania Sales, To RON29M
Akzo Nobel Coatings, part of the global paint market leader Akzo Nobel, expects Romanian sales to rise 20% in 2011, from 29 million lei (EUR7 million) a year before, based on network expansi...
Austrian Investors Still Bet On Bucharest Real Estate
The Austrian investors in Romanian real estate sector, which were the most dynamic buyers of local properties over the past ten years, are rather looking to consolidate their current portfol...