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INVESTMENTS

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Net Investments in Romania Economy, Up 8.5% in 2022 YOY
Macroeconomics

Net Investments in Romania Economy, Up 8.5% in 2022 YOY

Net investments carried out in the Romanian economy totaled RON150098.8 million in 2022, up 8.5% against 2021, in line with data the country’s statistics board INS published on Friday.

Ziarul Financiar · 10.03.2023 · 10:49 · 1 min
Delgaz Grid Wants to Attract EUR700M Worth of EU Funds to Invest in Local Distribution Networks
Energy

Delgaz Grid Wants to Attract EUR700M Worth of EU Funds to Invest in Local Distribution Networks

Delgaz Grid, part of E.ON group in Romania, plans to attract, in the coming years, EUR700 million of European funds, to which around EUR1.5 billion of own funds will be added, to fund an ext...

Cristina Bellu · 09.03.2023 · 10:48 · 1 min
Lindab Opens Local Investment Tap
Companies

Lindab Opens Local Investment Tap

Sweden’s group Lindab, which has a metallic tile and other building materials plant in Stefanestii de Jos, Ilfov county, has opened the tap of local investments, according to Andrei Sulyok,...

Alina-Elena Vasiliu · 08.03.2023 · 09:46 · 1 min
Distrigaz Sud Retele Reached Total Investments Of RON555M In 2022
Energy

Distrigaz Sud Retele Reached Total Investments Of RON555M In 2022

Natural gas distributor Distrigaz Sud Retele in 2022 carried out total investments worth RON555 million in the natural gas distribution network in order to meet the company’s two major objec...

Ecaterina Craciun · 06.03.2023 · 18:16 · 1 min
Pharma Group Bioeel Expects RON710M Turnover in 2023, Up 3.5% YOY
Companies

Pharma Group Bioeel Expects RON710M Turnover in 2023, Up 3.5% YOY

Bioeel, owned by businessman Albert Attila, founding member, and Jean Scheftsik de Szolnok, a French citizen, projects total turnover worth around RON710.6 million in 2023 (around EUR144 mil...

Laurentiu Cotu · 06.03.2023 · 09:26 · 1 min
EIB Report: Europe Must Take Action Now To Address Structural Challenges
Banks-Insurance

EIB Report: Europe Must Take Action Now To Address Structural Challenges

Europe must raise productive investment spending significantly if it is to keep pace with global competition and meet net-zero goals, according to the EIB Investment Report 2022-2023.

Ecaterina Craciun · 28.02.2023 · 15:59 · 2 min
Roofing Manufacturer Impro Wants to Expand Romanian Activities in 2023
Companies

Roofing Manufacturer Impro Wants to Expand Romanian Activities in 2023

The roofing and insulating panels manufacturer Impro, a subsidiary of the Polish group of the same name, plans to expand Romanian operations this yeae, resuming the production of some proces...

Alina-Elena Vasiliu · 22.02.2023 · 09:21 · 1 min
European Commission OKs EUR259M Romanian Scheme To Support Investments In Batteries, Photovoltaic Cells And Panels
Energy

European Commission OKs EUR259M Romanian Scheme To Support Investments In Batteries, Photovoltaic Cells And Panels

The European Commission has approved, under EU State aid rules, a Romanian scheme worth EUR259 million, within the Recovery and Resilience Facility (RRF), which is geared towards supporting...

Ecaterina Craciun · 16.02.2023 · 19:30 · 1 min
Growceanu Announces 150% Surge In 2022 Investments Versus 2021
Companies

Growceanu Announces 150% Surge In 2022 Investments Versus 2021

Business angels investment platform Growceanu, established in 2018, announces an increase of over 150% in investments carried out in 2022, as compared to 2021, but it did not offer details a...

Ecaterina Craciun · 15.02.2023 · 21:33 · 1 min