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McKinsey & Company: Romania’s Switch To Green Power To Require EUR30B Investments
The investment potential of the green power market (solar panels, heat pumps, insulation) in Romania stands at more than EUR30 billion by 2040 and about EUR20 billion of that could come from...
Innova/7, Booster Capital, GapMinder And Morphosis Capital Get EUR80M Via NRRP For Romanian Companies
Venture capital funds Innova/7, Booster Capital, GapMinder II and Morphosis Capital II are to receive up to EUR80 million investments from the National Recovery and Resilience Plan (NRRP) to...
Japan’s Okamoto Optics Set to Produce High-Power Mirrors Near Magurele Laser in State-Backed EUR20M Investment
Okamoto Optics, a major producer and supplier of large-sized optical components for lasers, will manufacture high-power mirrors in a center located near Magurele laser, with the state-backed...
Transelectrica Warns Govt Request for 90% Dividend Distribution Rate Causes Vulnerabilities
National grid company Transelectrica (TEL.RO) published a report on the Bucharest Stock Exchange on Friday (April 28) detailing investment plans and explaining its position for having 50% of...
TeraPlast Reports RON147M Turnover in 1Q/2023, from RON171M in 1Q/2022, Switches to RON2.6M Losses
Building materials group TeraPlast in 1Q/2023 registered RON147 million turnover, compared with RON171 million in the first quarter of 2022 and switches to RON2.6 million losses from a RON6....
Symmetrica Set to Invest EUR6M in New Paving Stone Plant
Suceava-based paving stone manufacturer Symmetrica, owned by Stanciu family, is building a new plant due to be located in Ovidiu locality of Constanta county, with Dobrogea being an area the...
Autoklass Group Ends 2022 with EUR233M Turnover, Invests EUR1.6M in New Showroom
Autoklass group, a Mercedes-Benz, smart and Honda authorized dealer, ended 2022 with EUR233 million turnover.
Sweden’s WIP Industries Completes Furniture Parts Plant of Campia Turzii
WIP Industries, a supplier of components for the furniture industry, has completed the plant of Campia Turzii, Cluj county, in which it has invested over EUR35 million.
China’s KSHG Auto Harness Set to Open Production Unit Near Simeria
China-held KSHG Auto Harness will open a car parts production unit in industrial park CTPark II of Hunedoara, in Bacia locality, near Simeria.