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Veranda To Invest EUR2M In Obor Area Infrastructure
Retail&Consumer

Veranda To Invest EUR2M In Obor Area Infrastructure

Veranda Shopping Center, developed by Prodplast Imobiliare in Bucharest, will invest EUR2 million in infrastructure works in Obor area, where the mall is located, the company said in a state...

Gabriela Stan · 12.04.2016 · 13:50 · 1 min
Daimler Starts Production Of 9G-TRONIC Nine-Speed Automatic Transmission In Sebes
Automotive

Daimler Starts Production Of 9G-TRONIC Nine-Speed Automatic Transmission In Sebes

Star Assembly Sebes, the subsidiary of German group Daimler in Romania, started on Monday, in Sebes (central Romania), the production of 9G-Tronic nine-speed automatic transmission for Merce...

Ecaterina Craciun · 04.04.2016 · 20:09 · 1 min
NEPI Founders Set Up New Investment And Real Estate Development Company
Real Estate

NEPI Founders Set Up New Investment And Real Estate Development Company

Martin Slabbert and Victor Semionov, founders and former management team of investment fund New Europe Property Investments (NEPI), have set up a new private investment and real estate devel...

Gabriela Stan · 29.03.2016 · 13:26 · 1 min
Liebrecht&wooD Invested Nearly EUR200M In Romania In 15 Years
Real Estate

Liebrecht&wooD Invested Nearly EUR200M In Romania In 15 Years

Belgian real estate developer Liebrecht&wooD has invested nearly EUR200 million on the Romanian market in the last 15 years, since entering the local market, and the group holds 115,000 squa...

Ecaterina Craciun · 28.03.2016 · 17:34 · 1 min
Banks-Insurance

MedLife Borrows EUR56M From Four Banks For Acquisitions, Investments

Medlife, the biggest private healthcare provider in Romania, will contract a EUR56 million loan from a group of four banks, for acquisitions in the next 18 months, as well as for a new inves...

Gabriela Stan · 02.03.2016 · 15:05 · 1 min
Telekom Romania Targets Network Expansion Investments Of Over EUR180M In 2016
Technology &Telecoms

Telekom Romania Targets Network Expansion Investments Of Over EUR180M In 2016

Telekom Romania on Tuesday said it budgeted investments of over EUR180 million in 2016, which will target mainly the expansion of the 3G/4G networks and of the fiber optic network.

Ecaterina Craciun · 01.03.2016 · 13:49 · 1 min
Bosch Invests EUR55M In Development Of Jucu And Blaj-Based Plants
Automotive

Bosch Invests EUR55M In Development Of Jucu And Blaj-Based Plants

German group Bosch is developing an investment program worth EUR55 million, mainly to develop the production units in mobility solutions sector after it started new projects in the mobility...

Gabriela Stan · 29.02.2016 · 11:57 · 1 min
P3 To Build Warehouses On Additional 42,000 Sqm Nearly Bucharest
Real Estate

P3 To Build Warehouses On Additional 42,000 Sqm Nearly Bucharest

P3, the specialist owner, developer and manager of European logistics property, will build a third new logistics space this year, on a total surface area of 42,800 square meters, within the...

Ecaterina Craciun · 04.02.2016 · 17:47 · 1 min
Vast Resources Invested Over $4.5M In Its Two Romanian Mines In 2015
Energy

Vast Resources Invested Over $4.5M In Its Two Romanian Mines In 2015

UK-based mining company Vast Resources on Monday said it invested over $4.5 million in 2015 in the two Romanian mines it administers in Baita Plai (Bihor County) and in Manaila (Suceava Coun...

Ecaterina Craciun · 01.02.2016 · 16:23 · 1 min