INVESTMENTS
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E&Y: Romania Ranks 10th In Europe By New FDI Jobs In 2012
Romania ranks tenth in Europe and fourth in Central and Eastern Europe (CEE) by the number of jobs created following projects based on foreign direct investments (FDI) and completed in 2012,...
NEPI Plans To Open Shopping Centers In Galati, Targu Jiu In 2013 And 2014
South-African investment fund New Europe Property Investments (NEPI.RO) plans to open a shopping center in Galati this year and start the construction of a similar project in Targu Jiu, whic...
Voinea: Romania To Finalize 20 Investment Projects Worth EUR750M This Year
Romania will finalize this year 20 major investment projects worth a total EUR750 million, which received state aid and will create 6,700 jobs, Budget Minister Liviu Voinea said Thursday.
Zentiva Romania To Invest EUR2.5M In Production Facilities & Equipment In 2013
Pharmaceutical company Zentiva Romania (SCD.RO), part of the Sanofi group, Thursday said it will invest 10.7 million lei (some EUR2.5 million) this year in production facilities and equipmen...
Cargus To Invest EUR4M This Year, Of Which EUR3.2M To Renew Vehicle Fleet
Domestic courier company Cargus International will invest EUR4 million this year, of which EUR3.2 million will go into renewing its car fleet, and has launched a new logo, which will adorn a...
Pension Funds Could “Export” EUR1.4B If The Stock Exchange Doesn’t Grow
Marius Popescu, general manager of ING Pensii, the largest pension fund on the Romanian market, says if liquidity of the Bucharest bourse remains the same, local pension funds will have to r...
Foreign Realty Investors Added EUR120M To Romanian Subsidiaries’ Capital In 1Q/2013
Foreign real estate investors brought over EUR120 million to the capital of Romanian subsidiaries in the first three months of 2013, which is 7.5 times higher from EUR16 million in the same...
Investments In Furniture Industry Boost Employee Numbers By 4,700 In 2012
Some of Romania’s furniture plants continued investment last year, which led to an increase in staff numbers by 4,700 in an industry which pays a monthly net wage a little over 1,000 lei (EU...
Modern Retailers In Romania Invest EUR40-50M In 48 Stores In January-April 2013
The twelve modern retailers in Romania opened 48 stores in the first four months of 2013, following investments of EUR40 million to EUR50 million. Retailers mostly targeted supermarkets and...