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Romanian Company IT Genetics Expands To Italy
Romanian company IT Genetics, part of the ITG group, which specializes in supply chain equipment and software solutions, has invested around EUR250,000 in an e-commerce platform dedicated to...
Agricola Group Wants to Invest EUR40M in New Ready-Meal Plant
Agricola group, one of the biggest players in Romania’s food industry, mulls building new ready-meal plant, with investments revolving around EUR40 million.
Iulius Group Invests EUR130M In Alternative Mobility Solutions, Infrastructure, Bike Paths And Parking Spots
Iulius Group, the real estate developer controlled by Iulian Dascalu, has invested EUR130 million in connectivity solutions, infrastructure, alternative mobility, the development of bicycle...
Eco Clean Plans EUR1M Investment To Boost Industrial Laundry Unit Capacity
Eco Clean company in Bucharest, a business founded by two Romanian entrepreneurs in 2000, which owns 12 green laundries and cleaners, expects to end this year with EUR5 million revenue, an i...
Greece’s Venture Friends Has Romania on its Radar
Venture Friends, an investment fund from Greece, is looking at the tech startup ecosystem of Romania to operate new investments and support innovative ideas, Apostolos Apostolakis, partner a...
Evopack Bets on New Segment, of Cardboard Food Boxes
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, is tapping into a new segmen...
Transelectrica Gets over EUR56M Non-Reimbursable Funding for Three Investment Projects
Romania’s national grid company Transelectrica has obtained an over EUR56 million non-reimbursable funding, via the REPowerEU component of PNRR, for three investment projects envisaging the...
Packaging Maker Electric Set to End 2023 with 12% Higher Turnover YOY
Packaging manufacturer Electric, owned by Buzaianu family, will end this year with turnover worth above RON60 million, up 12% from 2022, according to the company’s officials.
Ruris Invests EUR10M in Craiova to Build 40,000-Sqm Industrial Project
Craiova-based garden machinery company Ruris has invested in a new logistic platform in Craiova and continues its plans to launch a small tractor on the market to meet demand on a market cur...