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Packaging Maker Electric Set to End 2022 with EUR12M Turnover, from EUR9M in 2021
Focsani-based packaging producer Electric, owned by Buzaianu family, will end 2022 with EUR12 million turnover, from EUR9 million last year, after having expanded its production capacity, ac...
Aquila Steps Up Investment in Photovoltaic Plants
Aquila Part Prod, the largest player on Romania’s consumer goods distribution market, is investing over EUR220,000 to expand the photovoltaic plant launched in late March, as well as in the...
Techangels Invested More Than EUR4.6M in Tech Startups in Jan-Sep
The TechAngels group of private investors, focused on supporting technology startups in Romania and the region, has invested in the development of local tech startups over EUR4.6 million in...
Julius Meinl to Invest EUR500,000 to Strengthen On-Premise Segment Presence
Julius Meinl Romania, one of the largest actors of the premium coffee market, is preparing to invest approximately half a million euros over the next year to strengthen its presence in the o...
Germany’s Knauf Group Invests EUR200M In Two Building Materials Plants in Mures and Cluj
Knauf group, which comprises Knauf Insulation Romania and Knauf Gips, is carrying out an over EUR200 million investment in Romania.
ROCA Industry Set to Carry Out EUR30M Investment Projects
ROCA Industry holding, set up by ROCA Investments for the construction materials market, is readying investment projects of around EUR30 million, meant to retool and boost the efficiency of...
Pharma Group Bioeel Sees 1H/2022 Turnover Rise by 21% To over RON312M
Pharma group Bioeel, owned by businessman Albert Attila, founding member, and Jean Scheftsik de Szolnok, a French citizen, in the first half of this year generated turnover worth RON312 mill...
Mainfreight Romania Set to Invest RON30M to Expand Ploiesti Warehouse
Logistics company Mainfreight Romania, part of the New Zeeland group of the same name, is carrying out a RON30 million investment to expand the warehousing spaces it owns in Ploiesti.
Jidvei Owner Claudiu Necsulescu Invests EUR6M In Dobrogea Winery
Entrepreneur Claudiu Necsulescu, owner of Jidvei, a major wine maker in Romania, has since 2008 invested around EUR6 million in a winery in Dobrogea and in 430 hectares of vineyard in the ar...