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INVESTMENT

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Holde Agri Invest Targets 30,000-Ha Farming Area and 40,000-Ton Warehousing Capacity
Companies

Holde Agri Invest Targets 30,000-Ha Farming Area and 40,000-Ton Warehousing Capacity

Holde Agri Invest, a Romanian company operating farmland, wants to grow from a 10,000-ha to a 30,000-ha farming area and plans to bolster its warehousing capacities to 40,000 tons, explained...

Alex Ciutacu · 07.03.2022 · 10:01 · 1 min
Germany’s Varta Plans To Invest EUR1B In Romania
Automotive

Germany’s Varta Plans To Invest EUR1B In Romania

German giant Varta wants to produce batteries for electric cars in Romania and is willing to invest EUR1 billion, Roxana Mînzatu, Secretary of State in the Ministry of European Investments a...

Ecaterina Craciun · 04.03.2022 · 17:25 · 1 min
Sanconfind Hospital Ends 2021 with RON24M Turnover
Health

Sanconfind Hospital Ends 2021 with RON24M Turnover

Private hospital Sanconfind of Campina, with a 90-bed capacity, opened in 2015, had 97,000 patients last year and generated RON24 million turnover.

Mirabela Tiron · 04.03.2022 · 10:09 · 1 min
World’s Largest Sovereign Wealth Fund Held Stake in 9 Romanian Listed Companies at End of 2021
Capital Market

World’s Largest Sovereign Wealth Fund Held Stake in 9 Romanian Listed Companies at End of 2021

The world's largest sovereign wealth fund, with about $1,400 billion in assets, i.e. six times what the Romanian economy produces in a single year, was a shareholder in nine companies listed...

Loredana Frățilă-Cristescu · 03.03.2022 · 17:04 · 1 min
Theta Furniture&More Projects EUR14M Turnover in 2022
Companies

Theta Furniture&More Projects EUR14M Turnover in 2022

Theta Furniture&More, a major player on Romania’s interior design and custom-made furniture, expects EUR14 million turnover for 2022 after completing a new furniture plant.

Mirabela Tiron · 03.03.2022 · 10:23 · 1 min
Agroland Business System Ends 2021 with RON234M Consolidated Revenue, Up 23% YOY
Companies

Agroland Business System Ends 2021 with RON234M Consolidated Revenue, Up 23% YOY

Agroland Business System, a Romanian retail, agriculture and food entrepreneurial group, which owns the biggest agricultural store network in Romania, for 2021 reported consolidated revenues...

Cristina Bellu · 02.03.2022 · 10:30 · 1 min
Oves Enterprise Seeks to Hire 135 Developers by Yearend
Technology &Telecoms

Oves Enterprise Seeks to Hire 135 Developers by Yearend

Oves Enterprise, a Cluj-Napoca-based company specializing in software development, with EUR3 million turnover at end-2021 and 75 employees at present, wants to hire around 135 developers by...

Alexandra Cepăreanu · 28.02.2022 · 10:38 · 1 min
MedLife’s Pro-Forma Turnover Overshoots EUR330M Mark in 2021
Capital Market

MedLife’s Pro-Forma Turnover Overshoots EUR330M Mark in 2021

Private healthcare operator MedLife (M.RO) reported a pro-forma consolidated turnover of EUR332 million in 2021, up 51% year-on-year, and announced plans for acquisitions and growth of EUR12...

Loredana Frățilă-Cristescu · 25.02.2022 · 12:51 · 1 min
Romania Country Brand Valued at $178B, up 11% from 2020
Retail&Consumer

Romania Country Brand Valued at $178B, up 11% from 2020

Romania’s country brand is worth $178 billion, 11% more than in 2020, reveals a report by Brand Finance, a global independent brand valuation firm.

Cristina Roșca · 25.02.2022 · 10:19 · 1 min