INVESTMENTS
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Conpet Pipeline Upgrades, Blocked By Unclear Laws
Certain pipeline upgrade investments of Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) are blocked by the taxes levied by public roads administrators on the pipes, although the...
Strongest Real Estate Players In Romania, EUR315M In Revenue In 2013
Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, a...
Farmec Cluj Navigated Crisis Well With Cheaper Products
Farmec Cluj, Romania’s largest cosmetics producer, saw its revenue advance in each of the past five years of crisis, as on a market dominated by multinationals Farmec products are 30-40% che...
Baneasa Developments To Invest Nearly EUR2M In Baneasa Shopping City In 2014
Baneasa Developments wants to invest nearly EUR2 million in expanding the entertainment zone and remodeling several spaces within shopping center Baneasa Shopping City, company head Georgios...
Transavia Mulls EUR10 Million Investments, Loans Payment In 2014
Transavia, the biggest poultry meat producer in Romania, plans investments of at least EUR10 million this year, similar with 2013, as well as the payment of its banking loans, according to a...
Turkish Businesses Invested $5B In Romania - President
Turkish businesses invested $5 billion in the Romanian economy and Romania hopes the amount will double, Romanian President Traian Basescu said Wednesday in Ankara, during a press conference...
Nike Importer Changes Name To FF Group Romania
Elmec Romania, the local division of Greek-held group Folli Follie (FF Group) which holds the Nike franchise on the local market, has changed its name to FF Group Romania and announced new s...
Private Pension Funds May Invest Up EUR500M In Public Offerings And Bonds
Private pension funds in Romania will have around EUR500 million in the next two years to invest in public offerings and corporate bonds, Raluca Tintoiu, general manager of ING Pensii, said...
Rompetrol Pledges To Resume Investments In Romania After Government Approved Deal
Romania’s second largest oil group Rompetrol Thursday said it will resume its investment program in Romania, after the Government approved a memorandum of understanding signed with the compa...