INVESTMENT
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Retailer Penny Announces EUR3B Investment Plan For Romania
Discount grocery retailer Penny, held by Germany’s Rewe, announced the boldest development and investment plan in Romania.
Romania Balneary Resorts on International Hotel Brands’ Radar
Accor and Marriott are two of the international hotel group to announce projects in two balneary resorts of Romania, Baile Felix and Calimanesti.
Real Estate Developer App Town Invests EUR15M in Bucharest Housing Project
App Town, a real estate company founded by entrepreneur Claudiu Diaconu, is investing EUR15 million in a housing project, App Town Exclusive by Ima Residence, located close to Pipera-Aviatie...
Black Sea Oil & Gas and Entrepreneur Theodor Ichim Want to Build Biomethane and Organic Fertilizer Plant in over EUR65M Investment
BSOG Energy, a company owned by Black Sea Oil & Gas specialized in the development of biomethane production projects in Romania, and entrepreneurial company Unigrains Trading, controlled by...
Symmetrica Close To Completing EUR50M Investment In New Factory Near Bucharest
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, has entered a straight line with the completion of its new factory in Bol...
Germany’s ebm-papst Bets EUR30M on New Project in Oradea
German group ebm-papst wants to invest in a new production unit, but also in a new R&D center in Oradea after the current business is part of a deal with Siemens.
Iulius Group Invests EUR80 In Reconfiguring Palas Complex In Central Iasi
The Iulius Group will begin an extensive reconfiguration project at its Palas Iasi mixed-use complex, using a concept designed by Foster+ Partners, the first project by the famous internatio...
Verita International School Attracts EUR40M Investment Via Partnership With Dukes Education
Bucharest-based private school Verita International School, focused on social-emotional learning programs, has concluded a partnership with Dukes Education, the largest group of schools in t...
Romania Aims to Double Solar Energy Capacity by 2030 to 8,500 MW with EUR2.5B Investments
Romania currently has a capacity of around 4,500 MW from solar panels and, in line with government plans, this should grow to around 8,500 MW by 2030, with investments put at almost RON2.5 b...