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Pillar II Pension Fund BRD Pensii Doubles Hidroelectrica Stake
BRD Pensii, the smallest Pillar II private pension fund in Romania, which is getting ready to be acquired by Banca Transilvania from French-held BRD-SocGen, has doubled its investment in ele...
Bucharest J.W. Marriott Hotel Invests EUR4M in New OLEA Restaurant
The J.W. Marriott hotel in Bucharest is investing EUR1.4 million in the new OLEA restaurant, with a menu based on the “Middleterrranean Cuisine”.
Grain Trader Agricultorul Set to Invest RON13M in 2023
Bacau-based Agricultorul, a grain and fertilizer trader, has a RON13 million investment budget for 2024, with the largest project envisaging the setting up of a logistics platform in Onesti.
Kaufland Invested RON1.35B in Romania in 2023
German retailer Kaufland, present in Romania with around 180 hypermarkets, invested RON1.35 billion (EUR275 million) in Romania in 2023, relatively flat from the level reported in each of th...
Hidroelectrica Announces RON1B Investment Budget For UCMH In 2024-2028
State-run Hidroelectrica (H2O.RO) announced during an event on May 24 that it had a RON1 billion investment budget to be used in 2024-2028 for Uzina Constructoare de Masini Hidroenergetice (...
Bosch Posts EUR516M Consolidated Revenue In Romania In 2023
Germany’s Bosch Group ended fiscal 2023 with RON2.5 billion (EUR516.2 million) consolidated sales in Romania, the same as in 2022.
Affidea Invests EUR15M In Radiotherapy Center In Iasi
Affidea, the largest player in the medical imaging services market in Romania, has completed the acquisition of MedEuropa radiotherapy centers, a deal announced in March 2024. The first step...
South Of Bucharest Could Attract EUR3.5B Investment In Urban Development After Extension Of Subway Line 4
The project to extend Line 4 of Bucharest subway that runs from Straulesti to Gara de Nord to Gara CFR Progresul (Progresul train station) will generate new development opportunities in the...
Unilever Plans To Make EUR4M Investments In Ice Cream Plant In Suceava In 2024-2025
Consumer goods giant Unilever has invested EUR12 million in its ice cream factory in Suceava over the last four years and plans to invest another EUR4 million in 2024 and 2025.