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Stihl Romania Expects 10% Higher Turnover In 2014; Set To Invest EUR3M In Local Dealer Network
German power tool producer Stihl expects an over 10% increase in sales on the Romanian market in 2014, from RON103.4 million in 2013.
Novartis Pharmaceuticals' Head For C&E Europe Says Investments In Romania Will Continue
Pharmaceutical group Novartis, the world’s largest medicine producer, will continue to invest in Romania, Panos Alexakos, Head Central and Eastern Europe of Novartis Pharmaceuticals, said Mo...
Posta Romana Needs EUR100M Investments To Provide Services Similar To European Operators
Romanian state-run postal company Posta Romana needs EUR100 million investments to provide services similar to those of a European operator, funds that will be invested by the future strateg...
McDonald's Plans To Double Its Coffee Shop Network In Romania By End-2015
US fast-food restaurant chain McDonald's wants to double the number of coffee shops in Romania by the end of 2015, to reach 20 units, four of which will be opened in 2014.
Investors Are Hard To Convince To Invest In Romania And SE Europe- Enterprise Investors
Investors are hard to convince to invest in the acquisition of companies in Central and South-Eastern Europe, including Romania, as the region is unattractive except for Poland, although the...
Colliers: Real Estate Deals In Romania Expected To Reach Nearly EUR500M In 2014
The value of real estate investments could reach around EUR500 million in 2014, up over 60% from 2013, as at least two large transactions are to be completed in the next three months, Ilinca...
Grup Servicii Petroliere To Invest $1.2B In Ships And Oil Rigs
Grup Servicii Petroliere (GSP), the offshore drilling company of Upetrom group owned by businessman Gabriel Comanescu, plans to invest $1.2 billion in ships and drilling rigs, funded with ba...
Romanian Energy Sector Needs Annual Investments Of EUR4-5B In Next 10 Years - Minister
The Romanian energy sector needs investments of EUR4-5 billion a year in the next ten years, a total of EUR5-15 billion more than estimated six months ago, minister-delegate for Energy Razva...
Teraplast Says Will Not Enter Price War Caused By Falling Demand
Romanian PVC processor Teraplast plans to keep prices unchanged and operate investments to stay in the black, in the context where market demand is falling, according to Traian Simion, the c...