INVESTMENTS
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TeraPlast Group Seeks To Attract Over EUR9M From The State To Finance Projects Worth EUR20M
TeraPlast Group, the largest Romanian construction materials manufacturer seeks to attract funds of over EUR9 million from the State and, to this end, it will submit state aid projects withi...
Emerson Extends Its Investment In Cluj-Napoca With Relocation Of Appleton Business Unit To Logistics Park
US company Emerson, which manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets, is extending its investment on the local m...
Energy Holding CE Oltenia Pledges RON7B Investments In New Production Capacities Until 2026
Romanian state-run energy holding Complexul Energetic Oltenia, one of the largest electricity producers in Romania, will submit to the European Commission a restructuring plan which provides...
Enel’s Romanian Electricity Distribution Companies Eye Nearly EUR100M Investments In Power Grid Upgrades In 2020
E-Distributie Muntenia, E-Distributie Dobrogea and E-Distributie Banat, the electricity distribution companies in Romania of Italian utility group Enel Group, will be investing RON483 millio...
Kaufland Romania To Create 1,000 New Jobs Until Early 2021
Kaufland Romania will be creating 1,000 new jobs across the country until the end of the fiscal year, in February 2021, the company said in a statement Tuesday.
Romania Sandwich Panel Market Hits EUR130M In 2019, Similar To 2007 Level, Due To Logistics Space Investments
Romania’s sandwich panel market reached nearly EUR130 million in 2019, close to the 2007 level and 9% higher than in 2018, per data provided by officials of construction consulting firm Neom...
CEC Bank Announces EUR2.6M Investments In ATM, MFM Infrastructure Upgrades
Romanian state-owned lender CEC Bank, which has the most extended network in Romania, has announced the start of a multiannual program aimed at upgrading its automated teller machine (ATM) a...
European Union Invests EUR118M In Ten Transport Infrastructure Projects In Romania
The European Commission said on Thursday it is providing EUR118 million for Romania to finance reconstruction works and feasibility studies for ten major railway, water and road infrastructu...
Apa Nova Plans To Invest EUR230M In Extending, Upgrading Water Supply System In Next 11 Years
Apa Nova Bucuresti, the company administrating the water and sewer system in the capital city of Bucharest, has announced investments of EUR230.9 million in extending and modernizing the cit...