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INVESTMENTS

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Fintech Degethal Set To Attract Investments Up To EUR50M From Austria’s Valuex In Next Two Years
Technology &Telecoms

Fintech Degethal Set To Attract Investments Up To EUR50M From Austria’s Valuex In Next Two Years

Fintech company Degethal, established in 2021 by Alin George Luca, Cristian Mateescu and Peter Barta, has concluded an agreement with Austria’s investment fund Valuex ALUEX for gradual fundi...

Ecaterina Craciun · 11.03.2022 · 15:29 · 1 min
Komoder Seeks To Open New Showrooms in Malaga, Zurich and London in 2022
Companies

Komoder Seeks To Open New Showrooms in Malaga, Zurich and London in 2022

Romanian massage chair retailer Komoder plans to invest in 2022 to open showrooms in Malaga, Zurich, while readying the second showroom in London, explained Adrian Rus, founder of Komoder.

Alex Ciutacu · 10.03.2022 · 10:03 · 1 min
Terapia Cluj Plans to Complete EUR5.5-5.8M Investments in Romania by Yearend
Companies

Terapia Cluj Plans to Complete EUR5.5-5.8M Investments in Romania by Yearend

Dragos Damian, CEO of one of Romania’s major drug makers, Terapia Cluj, says the company plans to carry out investments worth EUR5.5-5.8 million in Romania.

Răzvan Botea · 03.03.2022 · 10:06 · 1 min
Rodbun Has RON50M Investment Budget for 2022
Companies

Rodbun Has RON50M Investment Budget for 2022

Rodbun group has a total investment budget of RON50 million in 2020 and envisages company acquisitions, renewable energy production and the setting up of a digital agricultural bank, explain...

Alex Ciutacu · 03.03.2022 · 09:36 · 1 min
Transelectrica And EIB Strengthen Cooperation To Speed Up Investments In Romania Energy Sector
Energy

Transelectrica And EIB Strengthen Cooperation To Speed Up Investments In Romania Energy Sector

Romanian state-run power grid operator Transelectrica (TEL.RO) and the European Investment Bank (EIB) will intensify their cooperation in order to consolidate and accelerate investments in t...

Ecaterina Craciun · 24.02.2022 · 20:04 · 1 min
Analysis: Companies In Romania Can Access EUR30M Tops For Investments In Solar And Wind Energy
Energy

Analysis: Companies In Romania Can Access EUR30M Tops For Investments In Solar And Wind Energy

Romania’s Ministry of Energy has announced the immediate availability of a funding package totaling nearly EUR600 million in non-reimbursable funds in the field of renewable energy.

Ecaterina Craciun · 24.02.2022 · 16:51 · 1 min
Egger Romania 2021 Turnover Up 34% to EUR404M YOY
Companies

Egger Romania 2021 Turnover Up 34% to EUR404M YOY

Egger Romania, part of Austria’s supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, reported EUR404 million for 2021, up around...

Laurentiu Cotu · 24.02.2022 · 10:11 · 1 min
Startup OVES Enterprise Set To Double Its Turnover To RON30M; Eyes EUR1.5M Investments In 2022
Technology &Telecoms

Startup OVES Enterprise Set To Double Its Turnover To RON30M; Eyes EUR1.5M Investments In 2022

Romanian software development startup OVES Enterprise based in the city of Cluj-Napoca plans to double its turnover up to RON30 million in 2022 and to invest EUR1.5 million in developing pro...

Ecaterina Craciun · 17.02.2022 · 14:48 · 1 min
Neogen Capital Invests EUR500,000 In Startup Salarium
Companies

Neogen Capital Invests EUR500,000 In Startup Salarium

Romanian startup Salarium, which developed a software platform that offers employees the possibility to receive salary advance payments via a mobile application, has attracted financing wort...

Ecaterina Craciun · 16.02.2022 · 17:13 · 1 min