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Vast Resources Invested Over $5M In Its Two Romanian Mines In 2016
Companies

Vast Resources Invested Over $5M In Its Two Romanian Mines In 2016

UK-based mining company Vast Resources on Monday said it invested over $5.5 million in 2016 in the two Romanian mines it administers in Romania, in Baita Plai (Bihor County) and in Manaila (...

Ecaterina Craciun · 23.01.2017 · 13:33 · 1 min
CIECH Soda Romania Posts Record Production In 2016 Following RON33.5M Investments
Companies

CIECH Soda Romania Posts Record Production In 2016 Following RON33.5M Investments

CIECH Soda Romania, the production unit of CIECH Group, registered a record production last year, following investments of RON33.5 million, the company said in a statement Thursday.

Gabriela Stan · 19.01.2017 · 11:37 · 1 min
Penny Market To Invest EUR70-80M In Romanian Network Expansion In 2017
Retail&Consumer

Penny Market To Invest EUR70-80M In Romanian Network Expansion In 2017

Discount retailer Penny Market, controlled by German group Rewe, will open 20-25 new stores this year, following investments of EUR70 – 80 million, according to Daniel Gross, Rewe Romania ma...

Gabriela Stan · 18.01.2017 · 16:49 · 1 min
Cushman & Wakefield: Romania Attracted EUR440M Realty Investments In First Three Quarters Of 2016
Real Estate

Cushman & Wakefield: Romania Attracted EUR440M Realty Investments In First Three Quarters Of 2016

Romania registered one of the lowest yields of newly-built constructions in Eastern Europe, in the third quarter of 2016, being outranked only by Turkey, according to a study by American rea...

Ecaterina Craciun · 16.01.2017 · 19:09 · 1 min
Chimcomplex Starts EUR10M Investments in Production, Eyes Oltchim Assets
Energy

Chimcomplex Starts EUR10M Investments in Production, Eyes Oltchim Assets

Chimcomplex S.A., Romania’s largest independent producer of chemicals, indirectly owned by businessman Stefan Vuza, will invest over EUR10 million in a production unit and is looking into th...

Oana Gavrila · 13.01.2017 · 13:59 · 2 min
Benvenuti To Invest EUR500,000 In New Units And Expansion In 2017
Retail&Consumer

Benvenuti To Invest EUR500,000 In New Units And Expansion In 2017

Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, plans to invest EUR500,000 this year in the renovation and expansion of the existing units and in new units, the comp...

Gabriela Stan · 09.01.2017 · 19:52 · 1 min
Nuclearelectrica Readies Investments Of Over RON287M In 2017
Energy

Nuclearelectrica Readies Investments Of Over RON287M In 2017

Romanian state-run nuclear power producer Nuclearelectrica scheduled investments of RON287.3 million for 2017, at subsidiaries CNE Cernavoda and FCN Pitesti, which target engineering works o...

Ecaterina Craciun · 28.12.2016 · 13:32 · 1 min
OTP Asset Management Romania Saw 11.4% Increase In Number Of Investors
Companies

OTP Asset Management Romania Saw 11.4% Increase In Number Of Investors

Throughout 2016, OTP Asset Management Romania has seen a 11.4% increase in the number of investors in managed funds and in managed assets, which exceeded RON620 million at the end of Novembe...

Ecaterina Craciun · 07.12.2016 · 17:34 · 1 min
Study: Foreign Capital Invested In Romania Triggers Development Of Local Capital
Companies

Study: Foreign Capital Invested In Romania Triggers Development Of Local Capital

The Romanian capital prevails in counties in Romania’s eastern region, while the foreign capital prevails in the western region of the country, and the appearance of foreign investments trig...

Ecaterina Craciun · 27.11.2016 · 18:31 · 1 min