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Germany’s Hella Has EUR18M To Boost Car Part Production In Romania
German-held car part producer Hella, one of Romania’s 100 most valuable companies, is investing around EUR18 million to increase the production capacity of its electronics unit.
ArcelorMittal Galati To See EUR40M Investments In 2015
ArcelorMittal group will invest EUR40 million at its Romanian steel plant in Galati in 2015, but the number of the plant's employees is likely to decrease by applying a new voluntary redunda...
Logistics Companies Continue Investments But Don't Expect Considerable Economic Growth
Logistics companies will continue investments this year, even though they don't expect considerable economic growth in the upcoming period, but demand for logistics services is on the rise.
Secure Property Raises EUR8M From Open Offer For Acquisitions In Romania, Bulgaria And Greece
Cyprus-based property investment company Secure Property Development & Investment (SPDI) on Friday announced it raised EUR8 million through an Open Offer carried out between February 11 and...
Housing Fair Organizers: Real Estate Developers Resume Investments In Romania
Gindi Group, one of the largest real estate developers in Israel, has returned to the Romanian market where it resumed the construction of a 324-housing unit project in Bucharest's Mihai Bra...
Cypriot Developer Plans To Invest EUR75M In Romania
Cypriot Developer Plans To Invest EUR75M In RomaniaCyprus-based Mentor Group Holdings plans to invest EUR75 million in Romania this year through its real estate division, Mentor Group Invest...
Ecopack Ghimbav Aims For 5% Higher Revenue In 2015
Romanian cardboard packaging producer Ecopack Ghimbav, controlled by businessman Vladimir Cohn, banks on revenue worth 115 million lei (EUR25.9 million) this year, up 5% from 2014.
Hercesa Romania Set To Sell Another Land Plot To Continue Investments
Spanish-held group Hercesa, which has invested around EUR150 million in Romania over the past decade to buy land, develop housing compound Vivenda and rebuild Cismigiu hotel, plans to resume...
Lemet Invests RON22M In Solid Wood Furniture Plant; Expects 10% Sales Growth In 2015
Romanian furniture producer Lemet will complete investments of around RON22 million (EUR5 million) in a new production unit in Brebu, Prahova county, in the second half of this year, a proje...