03.18.2015

ArcelorMittal group will invest EUR40 million at its Romanian steel plant in Galati in 2015, but the number of the plant's employees is likely to decrease by applying a new voluntary redundancy more

03.17.2015

Logistics companies will continue investments this year, even though they don't expect considerable economic growth in the upcoming period, but demand for logistics services is on the rise. more

03.13.2015

Cyprus-based property investment company Secure Property Development & Investment (SPDI) on Friday announced it raised EUR8 million through an Open Offer carried out between February 11 and March 11. more

03.09.2015

Gindi Group, one of the largest real estate developers in Israel, has returned to the Romanian market where it resumed the construction of a 324-housing unit project in Bucharest's Mihai Bravu area. more

03.03.2015

Cypriot Developer Plans To Invest EUR75M In RomaniaCyprus-based Mentor Group Holdings plans to invest EUR75 million in Romania this year through its real estate division, Mentor Group Investments, more

03.03.2015

Romanian cardboard packaging producer Ecopack Ghimbav, controlled by businessman Vladimir Cohn, banks on revenue worth 115 million lei (EUR25.9 million) this year, up 5% from 2014. more

02.26.2015

Spanish-held group Hercesa, which has invested around EUR150 million in Romania over the past decade to buy land, develop housing compound Vivenda and rebuild Cismigiu hotel, plans to resume more

02.25.2015

Romanian furniture producer Lemet will complete investments of around RON22 million (EUR5 million) in a new production unit in Brebu, Prahova county, in the second half of this year, a project more

02.24.2015

Romania's insolvent state-owned hydropower producer Hidroelectrica wants to invest EUR300 million this year in the upgrade of three hydropower plants and is looking to buy micro hydropower plants in more

02.23.2015

Romanian porcelain manufacturer Apulum, a major local supplier of Swedish group IKEA, has budgeted investments worth above EUR3 million in 2015 to increase production at its Alba Iulia plant. more

02.20.2015

US fast-food restaurant chain McDonald's invested over 13 million lei (EUR2.92 million) in Romania last year, focusing on the development of McCafé coffee-house chain and the launch of new products. more

02.19.2015

OMV Petrom (SNP.RO), part of Austria's OMV, will lower its investment plans by 20%-35% this year, citing lower crude oil prices. more

02.18.2015

Subway transport operator Metrorex, which has an investment budget of nearly RON2 billion, will assign RON38.5 million for a sixth mainline, connecting the main train station in Bucharest to the more

02.17.2015

Private medical service provider Regina Maria will invest over EUR5 million in expansion to new Romanian cities this year and estimates a turnover growth of over 20% to EUR67 million and an EBITDA more

02.06.2015

Italian-held farm machinery producer Maschio-Gaspardo Romania, which owns a plant in Chisineu-Cris locality of Arad county, has budgeted investments worth EUR2.5 million this year to expand the more

01.29.2015

Austrian oil and gas group OMV, owner of Romania's OMV Petrom (SNP.RO), announced Thursday it will cut back on its planned investments for the interval 2015-2017 due to declining oil prices and will more

01.28.2015

The completion of natural gas market deregulation is likely to leave Romgaz without one of the “engines” that brought it record high profit after the first nine months of 2014: gas price more

01.26.2015

Romania's roads authority CNADNR has budgeted investment costs of RON5.49 billion in 2015, up 2.3-fold compared to the amount budgeted for 2014, and expects to end 2015 with 6,491 employees, some 450 more

01.26.2015

The Maritime Ports Administration Constanta, which administers the Constanta seaport, will allot RON207.7 million in 2015 for investments, 40% below last year’s investment budget. more

01.22.2015

DIY retailer Dedeman, owned by brothers Adrian and Dragos Paval, has earmarked investments of more than EUR60 million for 2015 in network expansion, with the retailer set to open at least four new more

01.14.2015

Investments in Romania by the European Bank for Reconstruction and Development increased 16.5% in 2014, to EUR592 million, even though the number of financed projects dropped from 32 to 26. more

01.13.2015

The local construction market, one of the hardest hit during the crisis, further declined last year, by 10-15%, to 8.2-8.6 billion euros, according to data provided by the Romanian Association of more

12.22.2014

E.ON Distributie, a unit of German utility group E.ON, will invest in 2015 at least RON150 million in natural gas distribution networks, which is similar with the amount allocated in 2014. more

12.22.2014

Spanish company Hercesa is likely to start the construction of a nearly 5,000-square meter office building on a plot of land it owns in Bucharest’s Piata Unirii Square, within an investment more

12.12.2014

Real estate developer Maurer Imobiliare completed 90 apartments in a residential compound in Sibiu (central Romania) and plans to complete another 180 units by November 2015. more