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INVESTMENTS

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Abris Capital Partners Might Invest Over EUR100M In Romania In Next 2 Years
Banks-Insurance

Abris Capital Partners Might Invest Over EUR100M In Romania In Next 2 Years

Private equity fund Abris Capital Partners, which already acquired Romanian courier services providers Urgent Curier and Cargus, might invest over EUR100 million in Romania, of the EUR450 mi...

Gabriela Stan · 12.06.2014 · 15:41 · 1 min
E&Y: Romania Has All Ingredients To Draw More Investments
Banks-Insurance

E&Y: Romania Has All Ingredients To Draw More Investments

Romania currently has all the ingredients to attract more investors, but the foreign capital flow will not face an important growth sooner than in two years, according to Mihai Pop, E&Y mana...

Gabriela Stan · 12.06.2014 · 15:25 · 2 min
UPC Romania Investments Exceed EUR1B So Far
Technology &Telecoms

UPC Romania Investments Exceed EUR1B So Far

Liberty Global has invested so far over EUR1 billion in the telecom network of cable television operator UPC Romania, and plans to enter the mobile telephony market, Betzalel Kenigsztein, UP...

Gabriela Stan · 10.06.2014 · 15:24 · 1 min
Romanian Spa Resorts Need State Support To Prevent Ruin
Real Estate

Romanian Spa Resorts Need State Support To Prevent Ruin

Romanian spa resorts risk having their investments halted, which would lead to degradation in the following years, unless the state intervenes with incentives such as tax exemptions, officia...

Oana Gavrila · 10.06.2014 · 12:35 · 1 min
Private Equity Investments In Romania Saw Growth In 2013, First Time In Last 4 Years
Banks-Insurance

Private Equity Investments In Romania Saw Growth In 2013, First Time In Last 4 Years

Investments of private equity funds in Romania grew in 2013 for the first time in the last four years, seeing a 2.5-fold increase from 2012, to over EUR70 million, according to the European...

Ecaterina Craciun · 06.06.2014 · 13:57 · 1 min
Public Acquisitions Law Should Be Simplified To Avoid Investments Delay
Social/Politics

Public Acquisitions Law Should Be Simplified To Avoid Investments Delay

Romanian deputy prime minister Liviu Dragnea Friday said that the legislation on public acquisitions should be clarified and simplified as investments are currently delayed, adding that they...

Gabriela Stan · 06.06.2014 · 13:03 · 1 min
Auchan Romania Expects Bigger Sales This Year
Retail&Consumer

Auchan Romania Expects Bigger Sales This Year

The new head of retailer Auchan România, Frédéric Bellon, estimates a growth in sales this year, after a minor increase in the first months of the year compared with the same period of 2013.

Oana Gavrila · 04.06.2014 · 14:59 · 2 min
Albalact Invests EUR8M In Upgrades And New Packaging Lines
Retail&Consumer

Albalact Invests EUR8M In Upgrades And New Packaging Lines

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) invested EUR8 million since the beginning of the year in the expansion and upgrade of its dairy plant, of which EUR3 million went into new...

Oana Gavrila · 04.06.2014 · 14:32 · 2 min
First Quarter Net Investment Down 7.4% On Year To RON11.2B
Macroeconomics

First Quarter Net Investment Down 7.4% On Year To RON11.2B

Romanian net investments fell 7.4% to 11.23 billion lei (EUR2.55 billion) in the first quarter of 2014 from the year-earlier period, held back by falling activity in constructions and fewer...

Florentina Dragu · 04.06.2014 · 10:00 · 1 min