INVESTMENTS
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BA Glass Unveils EUR150M Investments In Romania In Next Five Years
BA Glass, a European producer of glass packaging and the only producer of glass containers in Romania, said it would invest over EUR1 billion in its 12 factories over the next five years, of...
Scandia Food 2023 Investment Budget Tops EUR500,000
Paul Balsan, general manager of the charcuterie unit of Scandia Food group, says 2023 investments target the maintenance, logistics and IT infrastructure areas. Their overall value will top...
Ceramic Tile Maker Sanex Aims to Invest RON8M in 2023
Cluj-Napoca-based ceramic tile manufacturer Sanex, owned by Austrian group Lasselsberger, has budgeted RON8 million investments for 2023.
Germany’s Optibelt Budgets EUR11.7M Investments in 2023 at Maramures Plant
Car parts producer Optibelt Power Transmission, the local subsidiary of German group Arntz Optobelt, has for 2023 budgeted investments worth EUR11.7 million to develop the conveyor belt plan...
Prefab Bucuresti Seeks To Get RON10M Loan For Investments
Construction materials manufacturer Prefab Bucuresti (PREH.RO) has summoned its shareholders on April 26, 2023 to get their approval with a view to contracting a loan of RON10 million from I...
City Grill Saw Revenues Rise by 53% in First Two Months of 2023 vs 2019
Dragos Petrescu, founder of restaurant chain City Grill, says the first two months of this year brought the group a 53% revenue increase from the same period of 2019, the last year before th...
Agricola Group Mulls Acquisitions
Grigore Horoi, chairman of Agricola group, one of the largest poultry processors and manufacturers of dry-cured salami and ready-meals in Romania, says the group targets annual average growt...
FMCG Distributor Licurici Impex Aims for RON540M Turnover in 2023, Up 10.6% YOY
Licurici Impex, a FMCG wholesaler of Onesti, Bacau county, for 2023 expects turnover worth around RON540 million (EUR109.5 million), 10.6% higher than in 2022, in line with ZF calculations b...
Posta Romana Wants to Enter Courier Services Market
Valentin Stefan, general manager of Posta Romana, Romania’s state-owned postal operator, the country’s biggest employer, wants to tap into the local courier services market.