INVESTMENT
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iBanFirst Romania Wants to Triple Client Numbers, to 600 Companies at End-2022
French-Belgian startup iBanFirst, operating an online platform allowing companies to carry out rapid transactions in over 30 foreign currencies, wants to reach a portfolio of 600 clients dom...
Rodbun Readies to Open Peas Protein Plant
Rodbun group, established two decades ago by Daniel Muntean and Alexandru Iancu, plans to shift from primary production and agricultural input trading to processing. Thus, on the medium term...
Medical Device Manufacturer Hamilton Invests EUR4.5M In Romanian Operation
Medical device manufacturer Hamilton Central Europe has invested more than EUR4.5 million in its Romanian operation, starting with the Mechanics department and is continuing with the develop...
Oradea Airport To See EUR16.5M Investment In Infrastructure Upgrade Works
The international airport in Oradea (western Romania) launched in the Electronic Public Procurement System (SEAP) the tender for the development and modernization of the airport infrastructu...
Pehart Tec Set To Invest EUR7M to Expand Warehousing Capacity
Paper manufacturer Pehart Tec Grup, founded by private equity fund Abris Capital, is planning to expand the warehouse spaces it owns, putting necessary investments at EUR7 million.
Grand Hotel Balvanyos Readies EUR10M Investment in Expansion
Grand Balvanyos Resort of Covasna county, a hotel project owned by Lorand Szarvadi, is expanding the existing 120-room hotel, with the value of the project nearing EUR10 million, out of whic...
Egger Budgets EUR15M Investments for 2022
Egger Romania, part of the Austrian supplier of wood-based materials for furniture and interiors, construction and flooring Egger, has budgeted an investment program of about EUR15 million f...
Real Estate Investment up 75% in Q1, 2022
The real estate market ended 2021 with a sense of optimism, which continued into the first quarter of 2022, with total investment volume reaching EUR98.6 million, a 75% increase over the fir...
Petrom Station Retrofit to Cost EUR50M, End in 2023
All the 400 Petrom petrol stations will have a MyAuchan proximity store integrated inside by end-2023, with the project initiated by the two giants, OMV Petrom and Auchan, being launched fiv...