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Meron Coffee Shop Chain Eyes EUR4M Turnover In 2020
The Meron coffee shop chain, founded in 2015 by Bogdan Ciocian in Cluj Napoca, expects a turnover of EUR4 million in 2020, 60% higher than the level recorded in 2019, based on its expansion...
Transgaz, EBRD Sign MoU On Cooperation And Support For Investments In Romania Energy Sector
Romania's natural gas transmission company Transgaz (TGN.RO) on Wednesday signed a Memorandum of Understanding with the European Bank for Reconstruction and Development (EBRD) on the coopera...
Realty Developer Iulius Invests Over EUR160M In Expanding Palas Project In Iasi
Real estate developer Iulius, owned by businessman Iulian Dascalu, has announced investments of over EUR160 million in expanding the Palas project in Iasi, which will include a ten-storey of...
Electrica Group Targets RON678.2M Investments In 2020
Electrica Group, Romania’ largest electricity distributor, has budgeted investments of RON678.2 million for 2020, of which RON597 million represents the funds allotted to its distribution su...
Gran Via Real Estate Invests EUR18M In Construction Of Last Two Apartment Blocks Of Timisoara 58 Compound
Spanish developer Gran Via Real Estate will be completing in 2020 the Timisoara 58 residential compound, located on the site of the former Frigocom industrial platform in capital city Buchar...
Romania Home Appliance Market Attracts Nearly EUR200M Investments In Last 2 Years
Romania’s home appliance market has attracted four major investments in the last two years – of which two greenfield investments, an acquisition of an already existing factory and a partial...
EIB Support for Projects in Romania Amounts to EUR865M in 2019
The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF), provided EUR865 million of loans, guaran...
Hidroelectrica Invests RON24M In Revamping Daesti Hydropower Plant
Romanian state-owned power producer Hidroelectrica on Friday announced investments of RON24.8 million in modernizing hydro-aggregate 2 (HA2) of the Daesti hydropower plant (Valcea County).
Kaufland To Invest EUR300M In Romania In 2020
German retailer Kaufland, leader on the Romanian food trade sector with annual sales of over RON10 billion (EUR2.2 billion), will be investing nearly EUR300 million in the Romanian market in...