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INVESTMENT

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Mega Image Set to Continue Expansion
Retail&Consumer

Mega Image Set to Continue Expansion

Mircea Moga, CEO of retailer Mega Image, believes that in 2022, despite the inflationary pressures, food retail will continue to grow and in this context the company will also expand further...

Cristina Roșca · 21.03.2022 · 10:25 · 1 min
Banks-Insurance

Patria Credit Ends 2021 with EUR1.59M Net Profit, Up 42% YOY

Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2021 posted EUR1.59 million net profit, up 42% from 2020, while its loan portfolio expanded by 32%, to EUR26....

Mircea Nica · 18.03.2022 · 09:49 · 1 min
Freshful Mulls Expansion and Agricultural Investments
Retail&Consumer

Freshful Mulls Expansion and Agricultural Investments

Freshful, an online hypermarket recently added to eMAG’s e-commerce platform group, is looking at cities with over 300,000 inhabitants for expansion and mulls potential agriculture investmen...

Roxana Petrescu · 18.03.2022 · 09:30 · 1 min
Dedeman’s Paval Brothers Own Almost 1% in BRD
Capital Market

Dedeman’s Paval Brothers Own Almost 1% in BRD

Adrian Paval and Dragoș Paval, shareholders of the DIY retailer Dedeman, the most powerful Romanian entrepreneurial business, own a stake of almost 1% in BRD Soc Gen - the third largest bank...

Loredana Frățilă-Cristescu · 17.03.2022 · 00:00 · 1 min
Grain Trader East Grain Earmarks EUR2.8M Investment for 2022
Companies

Grain Trader East Grain Earmarks EUR2.8M Investment for 2022

East Grain, a grain trader controlled by several entrepreneurs of Romania and Hungary, has budgeted EUR2.8 million investments for 2022, with EUR1.3 million for own truck fleet and EUR1.5 mi...

Laurentiu Cotu · 16.03.2022 · 10:10 · 1 min
Symmetrica Invests EUR3.5M In New Factory
Companies

Symmetrica Invests EUR3.5M In New Factory

Suceava-based paving stone manufacturer Symmetrica, owned by the Stanciu family, said on Tuesday that it invested EUR3.5 million in a new plant in the locality of Solca, Suceava County, and...

Ecaterina Craciun · 15.03.2022 · 18:24 · 1 min
Reinert Aims to Invest EUR5M in Oradea Plant in 2022
Companies

Reinert Aims to Invest EUR5M in Oradea Plant in 2022

Technical plastics solutions developer Reinert Kunststoffetechnik, acquired in late 2019 by Germany’s CCBA Verwaltungs, has budgeted EUR5 million investments for 2022 to expand the plastics...

Laurentiu Cotu · 14.03.2022 · 10:21 · 1 min
IKEA Supplier Sortilemn Gherla Earmarks EUR1M Investments for 2022
Companies

IKEA Supplier Sortilemn Gherla Earmarks EUR1M Investments for 2022

Gherla-based Sortilemn, a major local supplier to Sweden’s group IKEA, has budgeted investments of around EUR1 million for this year, aimed at automation and infrastructure.

Laurentiu Cotu · 14.03.2022 · 10:06 · 1 min
Adrian Badescu Set to Open Timisoara Hospital in Mid-2023
Health

Adrian Badescu Set to Open Timisoara Hospital in Mid-2023

Antrepreneur Adrian Badescu, owner of Medici’s clinics of Timispara, expects the hospital he’s building in the center of Timisoara to treat the first patients in mid-2023.

Georgiana Mihalache · 11.03.2022 · 10:11 · 1 min