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INVESTMENTS

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Vegis.ro Invests EUR250,000 In Expanding Storage Capacity
Retail&Consumer

Vegis.ro Invests EUR250,000 In Expanding Storage Capacity

Vegis.ro, one of the biggest online stores selling food supplements, natural, vegan and bioproducts, plans to invest EUR250,000 in a new warehouse, which will enable an increase in the volum...

Ecaterina Craciun · 11.05.2021 · 14:07 · 1 min
Radisson Blu Hotel In Bucharest To Add 200 New Rooms, Refurbish Hotel Lobby, Indoor Garden In EUR24M Investment
Real Estate

Radisson Blu Hotel In Bucharest To Add 200 New Rooms, Refurbish Hotel Lobby, Indoor Garden In EUR24M Investment

The group that owns the Radisson Blu hotel in capital city Bucharest seeks to invest EUR24 million to increase the number of rooms to over 600 and to refurbish the hotel lobby and the indoor...

Ecaterina Craciun · 11.05.2021 · 12:21 · 1 min
Vascar Seeks To Invest EUR3M In Refurbishing Factory, Own Stores; Eyes 5% Rise In Turnover To EUR24M End-2021
Companies

Vascar Seeks To Invest EUR3M In Refurbishing Factory, Own Stores; Eyes 5% Rise In Turnover To EUR24M End-2021

Vascar, one of the leading players in the meat industry, targets a turnover of almost EUR24 million end-2021, up 5% on the year, considering that it decided to earmark EUR3 million for upgra...

Ecaterina Craciun · 11.05.2021 · 11:55 · 1 min
ENGIE Romania CEO: Black Sea Offshore Gas Projects Require EUR13B Investment
Energy

ENGIE Romania CEO: Black Sea Offshore Gas Projects Require EUR13B Investment

The energy sector requires investments of EUR70 billion over the next decade, of which EUR13 billion in offshore gas projects in the Black Sea, Eric Stab, president and CEO of ENGIE Romania...

Oana Gavrila · 10.05.2021 · 16:23 · 1 min
Sphera Franchise Group Eyes 63% Higher Sales, Of Over EUR230M, And Investments Of Over EUR14M In 2021
Companies

Sphera Franchise Group Eyes 63% Higher Sales, Of Over EUR230M, And Investments Of Over EUR14M In 2021

Sphera Franchise Group, the company operating in franchise system the brands KFC, Pizza Hut and Taco Bell in Romania, targets restaurant sales of over EUR230 million in 2021, higher by 63% t...

Ecaterina Craciun · 29.04.2021 · 11:58 · 1 min
Romania Energy Regulator Approves Investments Of At least RON1.665B In Natural Gas Systems In 2021
Energy

Romania Energy Regulator Approves Investments Of At least RON1.665B In Natural Gas Systems In 2021

Romania’s energy regulator ANRE has approved the annual investment plans for 2021, worth a total RON1.3 billion, for the system and transmission operator and natural gas distribution operato...

Ecaterina Craciun · 12.04.2021 · 17:35 · 1 min
Transgaz, Natural Gas Distribution Operators Carried Out RON1.7B Investments In 2020
Energy

Transgaz, Natural Gas Distribution Operators Carried Out RON1.7B Investments In 2020

Romania’s energy regulator ANRE has announced that state-owned gas natural transmission company Transgaz and natural gas distribution operators in Romania carried out investments worth a tot...

Ecaterina Craciun · 08.04.2021 · 17:56 · 1 min
TotalSoft Targets EUR5M Investments In 2021
Technology &Telecoms

TotalSoft Targets EUR5M Investments In 2021

TotalSoft, one of the most important software producers on the Romanian market, ended 2020 with combined revenue of EUR22.3 million, up little over 1% versus 2019, and an EBIDTA of EUR3.7 mi...

Ecaterina Craciun · 08.04.2021 · 14:10 · 1 min
MOTO-HUB BMW Motorrad Invests Nearly 500,000 To Develop Services Center
Automotive

MOTO-HUB BMW Motorrad Invests Nearly 500,000 To Develop Services Center

MOTO-HUB BMW Motorrad, an authorized BMW dealer, has invested nearly EUR500,000 in developing a services center, considering that, besides service station and sales of new and second-hand mo...

Ecaterina Craciun · 02.04.2021 · 11:01 · 1 min