INVESTMENT
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Real Estate Investments Up 33% To EUR205M In Q1, 2024
Real estate investments reached EUR205.75 million in the first quarter of the year, 33% more than in the corresponding period of 2023. The most dynamic sector was retail, followed by hotel a...
Verde Magnesium Wants to Invest $1B in Magnesium Mining and Metallic Magnesium Plant in Romania
Europe will resume magnesium mining for the first time in more than a decade, while the UE is trying to curb its dependence on imports of Chinese critical raw materials imports. Romania, an...
GapMinder II Announces First Investment: Genezio Startup Co-Founded by Andrei Pitis
Investment fund GapMinder II has led a EUR2 million funding round in Genezio, a startup co-founded by Andrei Pitis, announced Dan Mihaescu, a founding partner at the fund.
Grain Trader East Grain Budgets EUR3.9M Investments In 2024
Cluj-Napoca based grain trader East Grain, held by Agrofert, the largest agribusiness and food industry group in the Czech Republic, has budgeted EUR3.9 million investments for 2024 to incre...
IBB Holding Group Opens Concrete Station in Mogosoaia in Wake of RON7.5M Investment
Builder IBB Holding Group, founded by Craciunescu family in Ilfov county, has opened a concrete station in Mogosoaia, northern Bucharest, in the wake of a RON7.5 million investment.
TARA Interactive: Romania Companies Initially Earmark 2,500-5,000 for Automation, Subsequently Increase Investment to EUR10,000-50,000
Romania companies earmark budgets ranging between EUR2,000 and 5,000 for automation and after noticing the benefits they tend to increase the investment to EUR10,000-50,000 in the first year...
Stihl Starts Building EUR165M Plant in Oradea
Andreas STIHL Power Tools SRL, a subsidiary of Germany’s STIHL AG&Co, has started building a new EUR165 million production unit on an area of around 147,000 square meters in Eurobusiness I I...
Danone Romania Completes EUR7M Investment to Support Zimnicea Small Farmers Delivering Milk to Bucharest Yoghurt Plant
Danone Romania, leader of the yoghurt market, has finalized, together with its partners, a EUR7 million investment meant to support small farmers of Zimnicea, who deliver the milk they produ...
Pambac Invests Almost EUR9M In Upgrades and Retooling
Pambac, one of the largest players in the milling and pasta product market in Romania, has budgeted investments of approximately EUR9 million for this year to upgrade its pasta plant, to ret...