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FAN Courier Expands Courier Services to Republic of Moldova
FAN Courier, Romania’s leading courier services company, is expanding to the Republic of Moldova as part of its CEE development strategy, according to the company’s officials.
Biofarm Plans to Double Turnover in 5-10 Years
Pharmaceutical manufacturer Biofarm Bucuresti plans to double turnover and focus more on exports in the coming years, according to Catalin Vicol, the company’s general manager.
Agroland Business Systems Set to Carry Out Capital Hike
Agroland Business Systems (AG.RO), which operates a chain of farm and garden supplies stores, will carry out a capital increase operation through which 4.71 million new shares will be issued...
Dutch Photon Energy Doubles Renewable Energy Portfolio in Romania
At the end of the first 9 months of 2021, Photon Energy had a project portfolio of around 218 MW under various stages of development in Romania, almost double the 117 MW capacity of early 20...
Donna Medical Center Targets EUR4M Turnover in 2021
Donna Medical Center, set up in 2011 by Elena Claudia Teodorescu, a radiologist specialized in breast imaging, targets EUR4 million turnover this year.
Philip Morris Set To Invest Over $100M In Its Factory In Otopeni In 2022-2023 Period
Philip Morris International (PMI) continues investments to convert its cigarette factory in Otopeni, near capital Bucharest, to produce consumables for its heat-not-burn product IQOS, a toba...
TechAngels Invests EUR5.8M in First 9 Months of 2021, Matching Entire 2019 Level
TechAngels, the local group of private investors supporting tech startups in Romania and the region, invested over EUR5.8 million in the first nine months of this year in tech startups, with...
Wetterbest Plans Further Environment Sustainability Investments
The EUR245,000 investment roofing manufacturer Wetterbest made to install a photovoltaic station on the roof of its Baicoi plant was a profitable one for the Prahova-based company and it pla...
Belgium’s Etex Eyes EUR10M Investments in Romania in Next Two Years
Belgium-held Etex Building Performance, which owns building materials maker Siniat, is set to invest EUR10 million in the next two years to boost its production capacities and develop new pr...