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TeraPlast Group Seeks To Attract Over EUR9M From The State To Finance Projects Worth EUR20M
Companies

TeraPlast Group Seeks To Attract Over EUR9M From The State To Finance Projects Worth EUR20M

TeraPlast Group, the largest Romanian construction materials manufacturer seeks to attract funds of over EUR9 million from the State and, to this end, it will submit state aid projects withi...

Ecaterina Craciun · 04.09.2020 · 11:48 · 2 min
Renault To Cut 14,600 Jobs; Halt Projects In Romania, Morocco As Part Of Cost-Saving Plan
Automotive

Renault To Cut 14,600 Jobs; Halt Projects In Romania, Morocco As Part Of Cost-Saving Plan

French carmaker Renault has unveiled plans to reduce its fixed costs by over EUR2 billion during a tree-year period, which target, among others, to suspend projects in Romania and Morocco, a...

Ecaterina Craciun · 29.05.2020 · 11:52 · 1 min
CBRE Building Consultancy Division Manages Over EUR80M Worth Of Projects Ongoing In Large Cities
Real Estate

CBRE Building Consultancy Division Manages Over EUR80M Worth Of Projects Ongoing In Large Cities

The Building Consultancy division of real estate consulting firm CBRE currently manages projects worth over EUR80 million ongoing in Romania's capital city of Bucharest and the cities of Tim...

Ecaterina Craciun · 23.04.2020 · 14:13 · 1 min
C&W: Realty Developers Buy EUR170M Land In Bucharest In 2019 For Residential, Office And Mixed-Use Projects
Real Estate

C&W: Realty Developers Buy EUR170M Land In Bucharest In 2019 For Residential, Office And Mixed-Use Projects

Large real estate developers have remained active in capital Bucharest throughout 2019 and bought plots of land needed for projects comprising over 6,000 housing units and 130,000 square met...

Ecaterina Craciun · 19.12.2019 · 22:22 · 1 min
Hexagon Group Of Firms Sells Three Office Space Projects In Cluj-Napoca For EUR30M
Real Estate

Hexagon Group Of Firms Sells Three Office Space Projects In Cluj-Napoca For EUR30M

Hexagon group of firms, controlled by Florin Maris and Raul Ciurtin, has signed an agreement of EUR30 million for the sale of a portfolio of office space buildings in Cluj-Napoca, namely, Vi...

Ecaterina Craciun · 16.12.2019 · 16:30 · 1 min
Detergenti SA, MPO Prodivers Rezistent, Romaqua Group, Among Seven New Firms To Get State Aid For Investments
Companies

Detergenti SA, MPO Prodivers Rezistent, Romaqua Group, Among Seven New Firms To Get State Aid For Investments

Romania’s Finance Ministry on Wednesday approved seven new financing agreements, based on a state aid scheme worth a total RON194 million. The projects announced by companies are worth RON62...

Ecaterina Craciun · 11.09.2019 · 18:30 · 1 min
Investment Projects Worth RON3B Under Construction In 16 Romanian Counties
Companies

Investment Projects Worth RON3B Under Construction In 16 Romanian Counties

Twenty-eight investment projects, worth a total RON3 billion and creating 4,500 new jobs, got the green light to receive state aid between November 2018 and April 2019, as per a document rel...

Ecaterina Craciun · 25.06.2019 · 14:23 · 1 min
Romania Approved RON1.1B State Aid For 28 Investment Projects Between Sept 2018 And April 2019
Companies

Romania Approved RON1.1B State Aid For 28 Investment Projects Between Sept 2018 And April 2019

The Finance Ministry approved financing agreements for 28 investment projects, between September 2018 and April 2019, through a state aid scheme worth a total RON1.1 billion, which will gene...

Ecaterina Craciun · 22.05.2019 · 17:51 · 1 min
Four Turkish Industrial Groups Build EUR180M Plants, Create Over 1,100 Jobs In Romania
Companies

Four Turkish Industrial Groups Build EUR180M Plants, Create Over 1,100 Jobs In Romania

Turkish industrial group Coskunoz is investing EUR20 million in the construction of a car parts factory in the locality of Dragasani (Olt County), and nearly half of the investment is covere...

Ecaterina Craciun · 24.04.2019 · 18:42 · 1 min