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INVESTMENTS

ADM Capital sells Brikston Construction Solutions to Wienerberger AG

2017-10-17 12:00:07
ADM Capital, an international private equity fund, acquired a 98 per cent stake in Brikston Construction Solutions (Brikston) in July 2014 and has agreed to sell its full shareholding to Wienerb...

INVESTMENTS

Mol announces plans to build new headquarters in Budapest

2017-10-03 09:50:15
Mol Group announced its plans to relocate its corporate headquarters by 2021 to Mol Campus, the company's new 83,000 sqm office.

INVESTMENTS

Bog'Art to build IKEA's second store in Bucharest

2017-09-08 14:58:26
IKEA has announced that Bog'Art will build its new store from Theodor Pallady area in Bucharest. The second store in Bucharest will be opened next year, following an investment of around 80 mill...

INVESTMENTS

Continental and Orange to develop Timisoara Smart City project

2017-07-19 16:16:29
Continental Romania, in partnership with Timisoara City Hall and Orange Romania, will develop a smart city project for the people of Timisoara. Citizens will be able to enjoy secure Wi-Fi in Vic...

INVESTMENTS

British American Tobacco invests 60 million Euro to increase factory production in Ploiesti

2017-07-03 12:58:30
British American Tobacco (BAT), one of the largest cigarette manufacturers in Romania, announced on Monday that this year, the company will invest 60 million Euro in the construction of a new pr...

INVESTMENTS

FAN Courier foundation launched the Light for Romania project

2017-06-19 11:54:41
Several needy families, including 16 children from Ursita village in Iasi County benefit today of electricity brought to their homes with the help of FAN Courier foundation and Free Miorita Asso...

INVESTMENTS

Autoliv to open engineering centre in Palas Iasi project

2017-06-14 13:45:30
The Iulius Company signed a partnership with Autoliv, a global leader in the manufacture of automotive safety systems, as per which the Romanian subsidiary of the Swedish manufacturer will open ...

INVESTMENTS

Prysmian opened a 25 million Euro cable plant in Slatina

2017-06-14 12:42:15
Prysmian Group, world leader in the energy and telecom cable systems industry, inaugurated its largest optical cable plant in Europe located in Slatina, after a 25 million Euro investment.

INVESTMENTS

Alpin 57 Lux owners receive over 200 million Euro from Asian investors

2017-02-08 10:45:21
Food Union Group, an international group of dairy and ice cream producing companies, and the owner of Romania's ice cream manufacturer Alpin 57 Lux, has received a combined 214 million Euro inve...

INVESTMENTS

New Kopel Group to invest 20 million Euro this year in all divisions

2017-01-31 11:11:05
Operational leasing company New Kopel Group plans to make 20 million Euro investments this year in all divisions and to buy 1,500 new cars in 2017, the company announced.

INVESTMENTS

Profi opens seven new stores

2017-01-27 10:56:30
Profi opens seven more stores in Romania, reaching a total of 511 units at the end of January, a press release shows.

INVESTMENTS

Profi opens its first stores this year

2017-01-20 10:43:21
Profi opens its first three stores in 2017, reaching a total of 504 units in Romania, a press release shows.

INVESTMENTS

SAP to invest two billion Euro for companies and public institutions to adopt IoT technologies

2017-01-19 12:41:11
SAP, business software solutions provider, recently announced total investments of two billion Euro, in the next five years, to provide support for companies and public institutions who want to ...

INVESTMENTS

New cancer diagnostic technologies available for Romanian patients

2017-01-10 14:10:50
Affidea Center in Fundeni Clinical Institute becomes a Center of Excellence in Oncology and a Reference Center for GE Healthcare in Europe following Affidea's investment of 5 million Euro during...

INVESTMENTS

Airbus Helicopters to create suppliers cluster in Romania

2016-10-24 16:47:51
Airbus Helicopters Industries is willing to create in Romania a cluster of suppliers capable of delivering solutions and equipment for Airbus Helicopters, the company announced during a meeting ...

INVESTMENTS

Telekom Romania offers funding to finance winning projects within its CSR programme

2016-10-24 11:33:05
More than 100 educational, health, environment, social development, social protection and innovation projects were submitted in Teimplici.ro programme. At its third edition, the program invited ...

INVESTMENTS

Qatar Airways orders 40 Boeing aircraft

2016-10-17 10:55:00
Boeing and Qatar Airways have announced an order for 30 787-9 Dreamliners and 10 777-300ERs, valued at 11.7 billion USD at list prices.

INVESTMENTS

Innovation Norway - Over 26 million Euro for Romanian companies and organisations

2016-10-17 10:17:47
The Green Industry Innovation Programme Romania, part of the Norway Grants 2009-2014, has offered over 26 million Euro between March 2013 – April 2016 for projects aiming to reduce economic, s...

INVESTMENTS

Blum Romania opens new furniture showroom in Otopeni

2016-10-10 11:41:35
The Austrian ironware manufacturer Blum announced the launch of its new Otopeni showroom, after an investment of nearly one million Euro. Blum Romania is also celebrating 21 years on the local m...

INVESTMENTS

Eberspaecher opens exhaust technology plant in Romania

2016-10-06 13:59:00
The Eberspaecher Group opened a new exhaust technology factory in Oradea, Romania. The plant will produce catalytic converters and exhaust silencers for European automobile manufacturers.

INVESTMENTS

Continental invests six million Euro in a new R&D center in Brasov

2016-09-28 17:14:50
Continental AG, the leading German automotive manufacturing, inaugurated on Tuesday a new center for research and development (R&D) in Romania at Brasov, following a 6 million Ero worth investme...

INVESTMENTS

Lantmannen Unibake to acquire hamburger bun business in Romania

2016-09-27 12:29:25
International bakery group Lantmannen Unibake announces the acquisition of Romanian company Frozen Bakery Products SA, a hamburger bun bakery in Bucharest, Romania, today owned by GoodMills Grou...

INVESTMENTS

Farmec continues the expansion of Gerovital network with new store at Constanta

2016-09-23 11:56:06
Cosmetics producer Farmec announced it would continue the expansion and modernisation of its store network in Romania, with a new opening, a Gerovital store at Constanta, after the company recen...

INVESTMENTS

Zitec acquires team and portfolio of Inotec

2016-09-19 16:26:35
Online application producer Zitec announced it has recently acquired the team and portfolio of web-design full service company Inotec for undisclosed amount.

INVESTMENTS

Luxoft acquires open source software company Pelagicore

2016-09-19 14:45:28
Luxoft Holding, a leading provider of software development services and innovative IT solutions to a global client base, announced recently that it has acquired Pelagicore AB, a leader in open s...

INVESTMENTS

Airbus Helicopters opens 52 million Euro worth new factory

2016-09-14 12:03:20
Airbus Helicopters has opened a new factory in Romania on an investment worth 52 million Euro for the manufacturing of the twin-engine H215 helicopter the first of which is expected out of the a...

INVESTMENTS

EBRD gives Romania-based aerospace industry a new boost

2016-09-07 13:57:34
In a new boost to Romania-based aerospace industry, the European Bank for Reconstruction and Development (EBRD) is providing a 25 million Euro loan to Universal Alloy Corporation Europe (UACE), ...

INVESTMENTS

TPA Romania opens a new office in Cluj-Napoca

2016-09-05 14:17:35
Starting September 2016, TPA Group is expanding its operations in Romania with the opening of a new office in Cluj. With the integration of the Cluj-based firm IAS Expert, now rebranded to TPA T...

INVESTMENTS

Direct One to acquire Netcity Telecom

2016-09-01 15:56:06
Direct One S.A. is due to acquire control of Netcity Telecom, the operator of an underground fiber optic network in Bucharest, following the signing of a sale and purchase agreement with UTI Net...

INVESTMENTS

Xerox opens new global contact center in Bulgaria

2016-08-30 16:10:10
Xerox announced it opened a new global contact center (GCC) at Sofia, in Bulgaria, reaching three such centers opened in Europe by the US company, in Lisbon and Dublin.

INVESTMENTS

Hospital in Baia Mare funded with World Bank money

2016-08-29 13:08:45
Manager of the Baia Mare County Emergency Hospital (SJU) Sorina Pintea said this month that the World Bank provides the medical facility 300,000 lei in funding for the purchase of top-performing...

INVESTMENTS

Private medical services group Regina Maria invests 1.7 million Euro at Targu-Mures

2016-08-26 11:51:02
Present also in 31 locations opened at Bucharest, Brasov and Cluj, the private medical services provider Regina Maria expanded at Targu-Mures with an investment of 1.7 million for the first Medi...

INVESTMENTS

MOL Group completes acquisition of Eni Downstream Oil Business in Hungary

2016-08-03 16:25:51
MOL Group completed the acquisition of the entire share capital of ENI Hungaria, a company managing 173 Agip branded service stations in Hungary, including dealer owned sites, as well as whole...

INVESTMENTS

Agricover takes 15 million Euro worth loan from BEI for financing of SMEs in agriculture

2016-08-03 16:24:52
The European Bank for Investments (BEI) offered at the end of last week, a loan of 15 million Euro to the Agricover Credit IFN to finance projects of reduced dimensions implemented by SMEs in th...

INVESTMENTS

Oracle acquires cloud computing company NetSuite

2016-07-29 10:37:17
Oracle announced that it has entered into a definitive agreement to acquire NetSuite, the very first cloud company. The transaction is valued at 109.00 dollars per share in cash, or approximatel...

INVESTMENTS

Online library elefant.ro attracts new shareholder

2016-07-26 12:38:17
The online retailer Elefant announced it completed an investment of 5.5 million euro, following the transaction with Emerging Europe Accession Fund (EEAF), a private equity fund advised by Axxe...

INVESTMENTS

Antibiotice Iasi wants 30 million lei credit from UniCredit Bank

2016-07-14 12:25:38
The medicine manufacturer Antibiotice Iasi (ATB) summoned shareholders on August 11 to approve a foreign exchange credit of 30 million lei, (6.7 million Euro) from UniCredit Bank.

INVESTMENTS

Medicover opens the second clinic in Cluj-Napoca, in Liberty Technology Park

2016-07-07 18:22:06
Medicover, one of the most important private healthcare operators in Romania, opens the second multidisciplinary clinic in Cluj-Napoca, following an investment of 300,000 Euro.

INVESTMENTS

EximBank is financing Romelectro for a project in Egypt

2016-07-06 13:59:13
EximBank has granted to Romelectro SA, one of the biggest general contractors in energy projects, a multi level financing facility amounting at 63 million Lei, for a project that is to be implem...

INVESTMENTS

MOL Group completes the acquisition of Slovenian Downstream business of ENI

2016-07-01 17:07:52
MOL Group completed the acquisition of ENI´s Slovenian Downstream business, the company announced.

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Read in the Print Edition
Oil & Gas Industry: Challenges and opportunities for Romania

As it appears from the four scenarios of the Romanian Energy Strategy, natural gas will play an important role with expected significant increases in the energy mix starting in 2020. Even though currently about...