INVESTMENTS
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TED'S Coffee Opens Two Units In Bucharest In EUR175,000 Investments
Coffee shop chain Ted’s Coffee, owned by Romanian entrepreneur Vasi Andreica, continues its investments and announces the opening of two new units, in Bucharest’s Tineretului neighborhood an...
Mandatory Private Pension Funds’ Assets Hit Record High, Of RON73.1B, In November 2020
The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON73.1 billion at the end of November 2020, reaching a record level and increasi...
Romania Plans EUR22B Investments in Energy Sector by 2030
Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy for the period 2020-2030, launched for public debate.
Novartis Expands Its Romanian Medicine Factory In Targu-Mures
Swiss drugmaker Novartis, which owns in Romania the Sandoz medicine factory in Targu-Mures, is building a drug testing center and a new manufacturing line that will increase the packaging ca...
CTP Invests EUR50M To Expand Logistics Parks Near Timisoara
CTP, the largest developer and administrator of industrial and logistics parks in Romania and Central and Eastern Europe (CEE), plans to double the leasable area of logistics spaces in the r...
Mandatory Private Pension Funds Assets Reach RON69.82B End-September
The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of...
Tazz by eMAG Platform Attracts Over RON25M Investments In Last 6 Months To Develop Team, Infrastructure, Applications
The Tazz by eMAG application has attracted investments of over RON25 million over the past six months, which will be used to develop the technology segment and the infrastructure, as well as...
Fan Courier Invests EUR4M In New Mobile Devices For Its Employees
Courier services company FAN Courier has invested EUR4 million in 2020 to fully replace its fleet of personal digital assistants (PDAs) which will get into the hands of its employees until t...
MOL Romania Invested $200M Locally in 25 Years
MOL Romania, part of Hungary’s oil group MOL, invested approximately $200 million in organic expansion and modernization of its retail network since entering the local market 25 years ago.