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Pelican Group Starts Construction Of EUR50M Hospital In Cluj-Napoca
Pelican Impex, controlled by four doctors in Oradea, has started to build a hospital in Cluj-Napoca with a total area of 23,000 square meters, which will require a EUR50 million investment,...
Mapei Considers Building EUR20M Plant In Romania
Italian group Mapei on Wednesday said it may build its first Romanian plant next year, with an investment of some EUR20 million, and it is considering acquiring a local player.
Romenergo Offshoot To Invest EUR80M In Energy Projects By 2015
The Bucharest-based Romenergo group created an energy production firm that will invest more than EUR80 million over the next five years, group general manager Dragos Bilteanu told MEDIAFAX.
Mega Image Rolls Out Store After Store
Retailer Mega Image, which owns Mega Image supermarkets, Red Market discount stores and Shop&Go proximity stores on the Romanian market, is set to open another two units in the following wee...
Germany's Kirchhoff Returns To Craiova For Ford
Kirchhoff Automotive, one of the traditional suppliers of American manufacturer Ford, says it will invest over EUR 10 million in a facility in Romania, a plan the German company had dropped...
Authorities Invite Hotel Chains To Build Unit Near Ford Plant
Authorities in Dolj county, southern Romania, have asked major hotel chains to open a hotel in Craiova, after Ford, owner of the local car factory, complained about the lack of a business ho...
EBRD Expects Romania FDI To Rise In 2011
The European Bank for Reconstruction and Development sees Romania's net foreign direct investment up to 2.9% of the gross domestic product in 2011, from 2% of GDP in the previous year. In 20...
Patriciu Plans To Open 97 New Macro Stores And Rebrand 53 By Yearend
Businessman Dinu Patriciu will invest between EUR150 million and EUR200 million this year in the opening of Macro stores and in rebranding the existing Minimax Discount stores, according to...
Bluehouse Capital Seeks New Property Deals In Romania
Greek Bluehouse Capital, which holds several office buildings, shopping centers and plots in Bucharest, will continue to acquire real estate projects in Romania, focusing on retail parks and...