INVESTMENTS
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CTP Earmarks EUR300M for Investments in Romania in 2022
CTP seeks to invest a further EUR300 million in nationwide expansion in Romania, envisaging both the construction of new warehouses on platforms already existing in Timisoara, Bucharest, Sib...
MedLife Earmarks EUR100-120M for Investments in 2022
Mihai Marcu, CEO and chairman of private healthcare services provider MedLife, says the company’s 2022 investment budget stands at EUR100-120 million.
Stefan Vuza Wants to Drive Chimcomplex Turnover to EUR10B by Decade End
“We estimate CRC group (Chimcomplex is part of i.e.) will go beyond the first billion euro in terms of commodity production in just three years and turnover will reach EUR10 billion only ver...
Kuma Romania Turnover Up 7% in 2021 YOY
Kuma Romania, a producer of washbasins, countertops and furniture for bathroom and kitchen, ended 2021 with turnover of almost EUR7 million, up 7% on the previous year.
2021, Best Year in Casa Noastra History
Dolj-based Windows maker Casa Noastra, owned by Stedan Cherciu, in 2021 had the best year in its history in terms of turnover and business performance.
TechAngels Invests almost EUR9M in 69 tech startups in 2021, Double 2020 Level
The private investors part of TechAngels association, which supports Romania’s tech startup ecosystem, earmarked EUR8.9 million last year for the financing of local technology projects, doub...
Businessman Mohammad Murad Eyes Massive Investments In 2022
Businessman Mohammad Murad, the owner of Phoenicia Hotels and one of the largest hoteliers in Romania, envisages investments of tens of millions of euros in tourism in 2022.
Tohani Earmarks over EUR9M to Invest in Winery Retooling and Green Energy in 2022
Virgil Mandru, owner of wine maker Tohani, said the company’s investment budget amounts to at least EUR9 million in 2022, aimed at winery retooling and green power.
Carniprod Budgets 5% Higher Turnover in 2022 vs 2021
Carniprod Tulcea, one of the biggest meat processors in Romania, controlled by entrepreneur Nicolae Ciuleac, for 2022 targets 5% higher turnover than last year, according to the company’s of...