facility
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Chimcomplex Calls Shareholders To Vote On Extension Of EUR40M Loan Facility From CEC Bank
The board of directors of chemical producer and supplier Chimcomplex Borzesti (CRC.RO) has called shareholders for September 30 to vote among others on the extension of a EUR40 million loan...
OMV Petrom Gets EUR39M NRRP Funding For Green Hydrogen Production Facility At Petrobrazi
OMV Petrom (SNP.RO), the largest company in Romania and the main integrated energy company in SE Europe has signed a funding contract via the National Recovery and Resilience Plan (NRRP) to...
Continental Inaugurates EUR8M Testing Facility in Iasi
German-held supplier of automotive components and systems and the largest manufacturer of automotive components in Romania Continental has expanded its center in Iasi with new test labs, fol...
Health Food Startup LifeBox Invests EUR900,000 in New Production Facility
Health food delivery startup LifeBox is moving operations to a new production facility in the Apaca Complex in western Bucharest and has allocated a total investment of EUR900,000 for it.
Antibiotice Iasi Earmarks RON93M for Investments in 2021
Pharmaceutical producer Antibiotice budgeted RON93 million investments for 2021, RON10 million more than in 2020, mainly to develop new facilities at its plant in Iasi.
Six Home Appliances Investment Projects Got EUR100M State Aid in Last Five Years
Romania’s government has granted some EUR100 million worth of state aid for six home appliances industry investment projects in the last five years. The investments stand at more than EUR210...
Furniture Manufacturer Lemet Invests EUR5.5M in New Production Facility and Store
Romanian-owned Lemet, one of the largest furniture manufacturers in Romania, will build a new production facility on the site of its plant in Brebu, Prahova, to integrate more operations.
Romania Can Attract New Production Facilities From Asia To Europe, But Needs Infrastructure
The activity of the logistics companies was affected by the crisis caused by the COVID-19 pandemic, as the artificial rise in demand in March required larger inventories only to drop in Apri...
Agricost Set to Invest EUR100M in Alfalfa Production by 2022
Agricost, the largest grain and oilseeds farm in Romania by cultivated land, located in the Great Braila Island, plans to build four alfalfa processing facilities by 2022 and expand the area...