Romania
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Hungary’s Demján Group Acquires Atrium Center Arad
Demján Group, held by Hungarian businessman Sandor Demjan, has acquired shopping center Atrium Center in Arad (western Romania).
Romania Economic Sentiment Slumps in October
Investor sentiment regarding the outlook of the Romanian economy worsened in October, dropping by 2.6 points, the biggest decline across the European Union, amid a negative outlook on servic...
Romania To Contribute Some EUR8.1M To ESA Programs
Romania’s Government decided Friday the country will contribute over EUR8.1 million to the operational programs carried out by the European Space Agency (ESA).
Coca-Cola And Arcelik Executives Expected In Romania Next Week
Muhtar Kent, Chairman and Chief Executive Officer of Coca-Cola, the world’s largest soft drinks producer, and Levent Çakiroglu, Chief Executive Officer of Turkish group Arcelik, which owner...
Romania Draws EUR700M Under World Bank Loan Facility
Romania drew Wednesday EUR700 million of its EUR1 billion loan signed with the World Bank Group in 2012, Minister-delegate for Budget Liviu Voinea said in a statement.
Telecom Operators Invest EUR500M/Year In Romania
Telecom operators invest EUR400-EUR500 million annually in Romania and half of the amount goes to active telecom equipment, Florin Petolea, head of Alcatel-Lucent Romania, said Tuesday at ZF...
HOYA Group's Vision Care Division Opens Subsidiary In Romania
HOYA Group's Vision Care Division, a key player in the global market of ophthalmic lenses, has established the subsidiary HOYA Lens Romania, the group said in a statement Monday.
Germany Invested Some EUR3B In Romania’s Construction And Retail Markets
Germany, the third largest foreign investor in Romania’ economy, with more than EUR6 billion pumped locally over the past twenty years, neither brought any of its major banks to Romania nor...
Romania Sees Highest Car Production Growth Rate In Europe
A new record year for Dacia’s plant in Mioveni and Ford’s production in Romania, which will reach 60,000 cars at its plant in Craiova, have increased car production locally by 20% this year,...