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Private Hospital Nova Vita Targets RON40M Turnover in 2022, Up 22% YOY
Health

Private Hospital Nova Vita Targets RON40M Turnover in 2022, Up 22% YOY

Targu-Mures-based Nova Vita hospital, a top ten hospital unit by the number of beds, a business founded by entrepreneur Virgil Mailat, has budgeted RON40 million turnover in 2022, up 22% fro...

Georgiana Mihalache · 20.07.2022 · 10:31 · 1 min
Franke Romania Earmarks RON2.5M Investments for 2022, Double the 2020 Level
Companies

Franke Romania Earmarks RON2.5M Investments for 2022, Double the 2020 Level

Franke Romania, the local subsidiary of the Swiss group of the same name, has budgeted RON2.5 million investments for this year, almost double the 2020 level and 42% higher than the 2021 one...

Cristina Roșca · 19.07.2022 · 10:20 · 1 min
Mayr-Melnhof Has Over EUR10M Earmarked for Investments in Romania
Companies

Mayr-Melnhof Has Over EUR10M Earmarked for Investments in Romania

Mayr-Melnhof, a major player on Romania’s packaging production market, is investing to expand its production capacity and warehousing spaces in Ploiesti. The company has an over EUR10 millio...

Alina-Elena Vasiliu · 19.07.2022 · 10:06 · 1 min
Leroy Merlin Set to Focus on Network Expansion in Romania
Retail&Consumer

Leroy Merlin Set to Focus on Network Expansion in Romania

French DIY retailer Leroy Merlin has a cautious investment strategy for the coming period, given the current economic context, but is focusing on expanding its store network now comprising 2...

Alina-Elena Vasiliu · 18.07.2022 · 10:07 · 1 min
Altex Targets EUR30M Investments In 2022
Retail&Consumer

Altex Targets EUR30M Investments In 2022

Romanian electro-IT retailer Altex forecasts a nearly 10% increase in its 2022 turnover, which translates into a slower rate than in the recent period due to the rampant inflation that has a...

Ecaterina Craciun · 15.07.2022 · 13:54 · 1 min
New Investments Expected in Oltenia After Ford Otosan Arrival in Craiova
Automotive

New Investments Expected in Oltenia After Ford Otosan Arrival in Craiova

In Craiova we see the first investment by Ford Otosan outside Turkey. There’s interest in Romania and the investments are set to continue, said Fusun Aramaz, Turkey’s ambassador to Romania.

Bogdan Alecu · 07.07.2022 · 10:30 · 1 min
Albrau Prod Set to Invest RON6M in Photovoltaic Panels, New Production Equipment
Companies

Albrau Prod Set to Invest RON6M in Photovoltaic Panels, New Production Equipment

Albrau Prod, one of the largest independent brewers in Romania, including brands such as Albrau or Zimbru in its portfolio, has a RON6 million investment budget for this year.

Florentina Nițu · 04.07.2022 · 10:33 · 1 min
Ford Craiova Becomes Ford Otosan Craiova
Automotive

Ford Craiova Becomes Ford Otosan Craiova

The ownership transfer for Ford plant of Craiova to Ford Otosan has been successfully completed. Ford Otosan has announced EUR490 million investments in Craiova to support the future growth...

Bogdan Alecu · 01.07.2022 · 10:21 · 1 min
Investments in Ponderas Hospital Hit EUR20M in Five Years
Health

Investments in Ponderas Hospital Hit EUR20M in Five Years

Ponderas hospital of Bucharest, owned by Regina Maria healthcare network since 2016, has cumulated EUR20 million investments in five years, with the money aimed at expansion and consolidatio...

Georgiana Mihalache · 01.07.2022 · 10:02 · 1 min