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Sanitary Paper Maker Sofidel Plans Almost EUR10M Investment To Boost Production
Sofidel, a manufacturer of sanitary paper products with a factory in Calarasi, will receive about EUR5.9 million state aid under the aid scheme established by Government Decision No. 300/2024 for an investment of nearly EUR9.9 million, Finance Ministry data sh...
Vladimir Cohn Builds New Plant in Giurgiu in EUR75M Investment
Entrepreneur Vladimir Cohn, known for his businesses in the field of paper production, is building a new plant in Giurgiu, set to manufacture special paper that will replace plastic bags.
Finance Ministry Raises RON3.03B From Banks On June 27
Romania's Finance Ministry raised RON3.03 billion from banks on Thursday (June 27), selling government paper in two auctions at annual average yields of 6.10% and 6.68%.
Paper Bag Maker Barleta Expects Decline In Revenue In 2023
Barleta, a company based in Bacau that manufacturers all sorts of paper bags for major supermarket chains, fast-food restaurant chains and bakery businesses, will end the year with lower rev...
OMV Petrom Invests RON800M In Government Paper
OMV Petrom (SNP.RO), the largest fuel producer in Romania and the company to which eight million Romanian employees have an exposure of RON4.2 billion through the Pillar II private pension s...
Biodegradable Paper Shopping Bag Maker Exonia Seeks EUR10M for Expansion
Biodegradable paper shopping bag manufacturer Exonia seeks to get EUR10 million worth of equity investments, governmental funds and bank loans in the next two years, to fuel its investments...
Finance Ministry Raises RON567M from Banks on June 20
Romania’s Finance Ministry raised RON567 million from banks via a government paper auction, at an annual yield of 9.23% on Monday, June 20.
Paper Producer Pehart Mulls Green Hydrogen Production; Conducts Feasibility Study for Photovoltaic Park
Paper manufacturer Pehart, controlled by private equity fund Abris Capital, is considering producing green energy, as an alternative energy source, with the company carrying out a pre-feasib...
Paper Manufacturer Pehart Tec Saw Profit Triple in 2020, to RON79M YOY
Paper producer Pehart Tec Grup, controlled by private equity fund Abris Capital, posted net profit worth RON79.3 million (EUR16.5 million), triple the 2019 figure.