INVESTMENT
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Vel Pitar Budgets EUR20M Development Investments for 2024
Vel Pitar, Romania’s largest bakery producer, taken over last year by Mexican group Bimbo, has budgeted EUR20 million investments for this year in development and plans to add new product ca...
METAV Start EUR40M Residential Development In Pipera, North Of Bucharest
Real estate developer METAV has started construction of a new residential complex, Bellemonde, in Pipera, north of Bucharest, after securing the construction permit from the authorities of t...
Pepco Sees Sales Up 11% To Almost RON2.6B In 2023
Polish-held fashion discounter Pepco, the leader of the fashion market in Romania, ended 2023 with almost RON2.6 billion sales, 11% higher than in 2022, ZF calculated based on public data.
Metaminds Invests EUR3M in Digital Identity, Large Data Volume Management and Security
Metaminds, a Romanian integrator of IT&C solutions and cybersecurity solutions provider, will invest EUR3 million in coming years to create and expand departments dedicated to creating, deve...
Paint Producer Evolor Bets on R&D Investments
Paint and varnish producer Evolor, part of ROCA Industry holding, is set to invest in R&D in the coming period as the market it operates on is refining.
Unicarm Set to Invest EUR8-10M in 2024 To Expand Store Network
Businessman Vasile Lucut, one of the most powerful local entrepreneurs, who controls Unicarm group, with activities in retail and production, will invest EUR8-10 million in 2024 to develop t...
Delgaz Grid, Part of E.ON Romania Group, Invests RON1.5B in Transformer Station Upgrade
Delgaz Grid, part of E.ON Romania group, plans to invest RON1.5 billion to upgrade 44 transformer stations, in the next six years, of which RON1.1 billion represents funding from the Moderni...
eMAG Group Aiming For 11% To 15% Growth In Revenue This Year
The eMAG Group, one of the largest online retailers in the region, is aiming for 11%-15% growth in revenue this year and will invest RON900 million to achieve its goals.
Real Estate Developer Liebrecht & Wood To Continue Investment In Bucharest
Belgian-held real estate developer Liebrecht & wooD, whose projects include West Park Retail Militari and East Park Retail Pallady, announces continuation of investment in the east of Buchar...