INVESTMENTS
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C&W Echinox: Over 500,000 Sqm of Retail Space Announced for Next 4 Years in Romania
Real estate developers are further expanding their retail project portfolios in Romania, so that spaces with a total area of above 500,000 square meters are announced for the next four years...
Prodvinalco Expects Higher Turnover, but Lower Profit in 2022
Spirits producer Prodvilanco, majority held by Mircea Todea, Vasile Albon and Marcel Hosu, projects RON57 million turnover for 2022, up 5% on the year. As regards profit, the company’s repre...
CTP Invests EUR36M In Oradea In Romania’s First Air Cargo Terminal
CTP, the largest owner and developer of logistic and industrial spaces in continental Europe, has started construction works for CTPark Oradea Cargo Terminal, the first industrial park with...
Kandia Dulce Targets 21% Turnover Growth in 2022 To RON194M YOY
Kandia Dulce, Romania’s biggest chocolate producer, aims for 21% higher turnover in 2022 against 2021, to RON194 million, betting on the most important brands in its portfolio.
2021 Brings First Loss For Arctic Since 2005, But Record Turnover Of RON3.5M
Home appliances producer Arctic, held by Turkey’s Arçelik Group, ended 2021 with a record turnover of RON3.5 billion (EUR700 million), 30% higher than in 2020.
CrisTim Aims to Invest RON50M in 2022
CrisTim group, one of Romania’s biggest meat producers by turnover, controlled by Radu and Cristina Timis, is set to invest RON50 million this year to retool the cold cuts plant of Filipesti...
Lemon Retail Park In Bucharest To Open In Sept 2022 After EUR15M Investment
Lemon Retail Park, built by Synergy Construct in Bucharest's northern area of Pipera, following an investment of EUR15 million, will be inaugurated in September 2022, real estate consulting...
E.ON’s Delgaz Grid Unveils EUR143M Investments In Distribution Infrastructure Upgrades For 2022
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, on Monday announced investments of RON719 million (EUR143 million) in 2022, mostly to up...
Medical Recovery Clinics Attract Investments of Tens of Million Euros in Romania
Local entrepreneurs operating on the market of private healthcare services have bet on medical recovery centers of hospitals as demand for such services has been on the rise in recent years.