Results 226 - 250 from 2162 for "investment"
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Optical Retailer Lensa Plans to Open Four More Stores in 2022
09.27.2022
2022 is the year of accelerated expansion for optical retailer Lensa as the company already opened 16 new stores in the first nine months and plans to launch another four this year, explained Nicoleta more
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German-held Builder Geiger Doubles Profit in 2021
09.26.2022
German-held building company Geiger Transilvania in 2021 generated net profit of RON18 million (EUR3.7 million), double the 2020 level. more
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Cluj-Napoca-Based Builder Wincon Set to Invest EUR5M to Expand Production Capacity at Plant
09.23.2022
Builder Wincon of Cluj-Napoca, owned by brothers Bogdan and Werner Irsik, is carrying out an investment to boost the production capacity at one of its plants, amid the upward trend of the logistics more
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Benvenuti 1H/2022 Turnover Up 37% To RON67M
09.23.2022
Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, in the first half of this year reached turnover worth around RON67 million (EUR13.5 million), up 37% from the year-earlier more
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Number of Four-Star Hotels Doubles in Ten Years in Romania
09.23.2022
In 2021, the number of four-star units stood at 394, in line with National Statistics Board data. The considerable increase is mainly due to investors’ rising appetite for this field. more
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Romania Plans To Borrow EUR4B From European Investment Bank
09.22.2022
Romania is considering getting a loan of approximately EUR4 billion from the European Investment Bank (EIB) and the funds will be used as co-financing for projects carried out under the National more
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CrisTim Expects Turnover to Rise by 18-20% in 2022
09.22.2022
Radu Timis Jr., CEO of CrisTim, one of Romania’s largest meat producers by turnover, controlled by Radu and Cristina Timis, expects the company’s turnover to go up by around 18-20% this year, also more
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IKEA Supplier Sortilemn Gherla 1H/2022 Turnover Up 19% from 1H/2021, To EUR21.3M
09.21.2022
Sortilemn Gherla, a major local supplier to Sweden’s IKEA, in the first half of this year generated EUR21.3 million turnover, up 19% from the year-earlier period, in line with ZF calculations based more
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Largest Wind Farm in Romania Approved in Galati
09.15.2022
Project company Hoopeks international got the technical connection permit for a 629 MW wind farm in Galati at the end of last month, public data from the national grid operator Transelectrica show. more
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Nokian Tyres Considers Investment in Plant in Romania
09.14.2022
Finnish-held Nokian Tyres, one of the largest tire makers in the world, whose products only go to the aftermarket and not to carmakers’ plants, is considering a new plant in Romania. more
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TeraPlast Plans to Invest RON24M in Photovoltaic Panels
09.14.2022
Alexandru Stanean, CEO of TeraPlast group, the biggest Romanian producer of building materials, says the company plans to invest RON24 million in photovoltaic panels in 2022. more
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Symmetrica Aims to Boost Turnover by 25% in 2022 YOY
09.12.2022
Suceava-based paving stone manufacturer Symmetrica, owned by Stanciu family, wants to hit the RON230 million threshold in terms of turnover in 2022, meaning an over 25% increase against last year. more
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Fondul Proprietatea Selects Investment Banks For Hidroelectrica IPO
09.09.2022
Franklin Templeton International Services S.À R.L., in its capacity as Alternative Investment Fund Manager and sole director of the Fund Fondul Proprietatea, announced that the Fund and state-owned more
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Furniture Maker Aramis Wants to Invest RON57M in New Plant
09.09.2022
Aramis Components, a company owned by the founders of Aramis Invest, Romania’s biggest furniture producer and exporter, asked for RON27.8 million stated aid for an investment of around RON57.2 more
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Hirsch Porozell Earmarks RON5.5M For Investments in 2022
09.09.2022
Hirsch Porozell, the local subsidiary of the Austrian company of the same name, a producer of expanded polystyrene, has budgeted investments of around RON5.5 million for the entire 2022. more
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European Commission And European Investment Bank Sign Agreement On Public Sector Loan Facility
09.07.2022
The European Commission and the European Investment Bank (EIB) have signed the agreement on the Public Sector Loan Facility, the third pillar of the Just Transition Mechanism. The facility will more
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Poland’s Inovo VC Wants to Invest 10-20% of EUR100M Fund in Romanian tech startups
09.06.2022
Poland’s Inovo VC, now raising capital for its third fund totally worth EUR100 million, plans to invest around 10-20% of this sum in tech startups of Romania. more
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Wrought Iron Producer Trutzi Wants to Build RON150M Plant in Suceava
09.06.2022
Trutzi, a manufacturer of wrought iron products of Suceava, with RON350 million turnover, wants to build a new plant. more
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Trident Expects RON20M Turnover in 2022, Up 33% YOY
09.02.2022
Bucharest’s Trident clinic, controlled by doctor Florin Lazarescu, will reach the RON20 million mark in 2022 at group level, in line with expectations of the stomatology brand’s founder. This more
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Sweden’s OX2 Starts EUR120M Wind Project in Galati
08.31.2022
Sweden’s OX2, Europe’s largest independent operator of wind projects, is starting works for one of its first investments in Romania, a wind park in Galati valued at EUR120 million. more
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Enel Green Power, First Heavyweight to Enter Romania’s Second Green Wave
08.29.2022
Enel Green Power Romania, the local green power unit of Italy’s Enel, one of Europe’s most powerful utilities group, in early August got the technical approval to connect two large solar power more
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Carbochim Turnover Rises 3.5% to RON18.6M, Net Profit Drops 27% to RON753,742 in 1H/2022
08.26.2022
Industrial abrasives manufacturer Carbochim Cluj-Napoca, indirectly controlled by businessman Iulian Dascalu, in the first half of this year registered RON18.6 million turnover, up 3.5%, and net more
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Evopack 1H/2022 Turnover Up 28% Vs 1H/2021
08.25.2022
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, as well as abroad, boosted its more
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Swiss-held Artemis Invests over EUR5M in 6,500-Sqm Industrial Building in Sanandrei Industrial Park
08.25.2022
Artemis Real Estate, part of Swiss group Artemis, has completed an over EUR5 million investment in an industrial building developed in Artemis industrial park of Sanandrei, Timis county. more
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ATP Group Asks for State Aid for Truck Output Expansion; Plans to Invest Elsewhere if Aid not Granted
08.25.2022
Mircea Cirt, founder of ATP group made up of several companies, says he asked for state aid for an investment project entailing boosting truck production and assembly capacity 20-30 times. Should the more