INVESTMENTS
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Car Parts Maker Preh Romania Earmarks EUR17M Investments for 2022
Car parts producer Preh Romania, a supplier for Porsche, Mercedes or Tesla, has budgeted a EUR17 million investment scheme for this year to develop some projects for its main clients, acquir...
Alpin 2003 Hits RON36M Turnover, Switches to Profit in 2021
Alpin 2003, managing hotel complex Alpin Resort Hotel, controlled by businessman Claudiu Aron, one of the biggest tourism players in Poiana Brasov resort, ended 2021 with RON36 million turno...
Kaufland Set to Open New Stores, Continue Refurbishment Investments in 2022
Valer Hancas, communications and corporate affairs manager at Kaufland Romania, says the company has opened five stores since early 2022 and is set to announce further openings. Refurbishmen...
Orange Set to Invest over EUR200M Per Annum in Romania after T Fix Takeover
French group Orange has a long-term plan for Romania’s market and is poised to step up local investments to keep its leading position on the segment of mobile telephony and also gain ground...
Sphera Franchise Group Eyes 33% Annual Sales Growth In 2022, To EUR266M
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has budgeted restaurant sales of over EUR266 million for 2022, higher by 33% than in 2021...
Pharma Group Bioeel Bets on 7-8% Turnover Growth in 2022
Pharma group Bioeel, owned by businessman Albert Attila, a founding member, and Jean Scheftsik de Szolnok, a French citizen, expects 7-8% turnover growth at group level for 2022 on the year.
OMV Petrom Budgets RON2.8B Profit and RON21B Revenues; Eyes RON4.4B Investments for 2022
Amid dwindling hydrocarbon output due to natural decline and the sale of some deposits, coupled by lower demand for natural gas, OMV Petrom has budgeted only 6% higher profit for 2022 year-o...
Regina Maria Brasov Investments Top EUR15M
Healthcare network Regina Maria has invested over EUR15 million in Brasov county over the past ten years.
Continental Invested EUR150M In Romania In 2021; Sets Same Target For 2022
German automotive parts supplier Continental has invested roughly EUR150 million in Romania in 2021, continuing the steps taken in the last years, during which time it has invested in high-e...