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INVESTMENTS

New Brasov airport terminal to cost 22 million Euro

2018-09-27 13:56:08
Local authorities have announced plans to hold a tender for designing and building the terminal of the upcoming Brasov airport by end-September. The terminal of the airport, which already has a ...

INVESTMENTS

Romanian companies can get 50,000 USD to do business in the US through the Smart Start USA programme

2018-09-13 14:28:40
Smart Start USA, a programme that will officially start in September 2018, aims to ease access for 10,000 small and medium Romanian companies and entrepreneurs annually on the North American mar...

INVESTMENTS

Brasov County Council to invest 22 million Euro in new airport terminal

2018-09-07 12:01:33
The Brasov County Council will invest 22 million Euro in building the passenger terminal of the future Brasov-Ghimbav international airport.

INVESTMENTS

Nokia lands 500 million Euro for 5G research

2018-08-27 15:04:38
Nokia signed a 500 million Euro loan transaction with the European Investment Bank (EIB), supported by the European Fund for Strategic Investments (EFSI). Nokia will use the loan to further acce...

INVESTMENTS

U.S. Air Force to invest 40 million USD in Romanian air base

2018-08-27 12:24:12
The U.S. Air Force plans to spend about 40 million USD on new construction and base improvements at the 71st Air Base in Campia Turzii, in Romania's Cluj county, Defensenews.com reported.

INVESTMENTS

Romanian bike producer Pegas starts selling on international markets

2018-08-23 13:25:50
Romanian bicycle producer Pegas has made its first step on European markets by listing its products on five Amazon marketplaces in Spain, France, Germany, Italy and UK, from where it can deliver...

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INVESTMENTS

Bucharest City Hall to implement informatics system for public transport passengers

2018-08-22 11:31:52
Bucharest City Hall will implement an informatics system that will allow passengers using public transport to choose the optimum route between two places in the city.

INVESTMENTS

Porsche Engineering Romania relocates its headquarters to Cluj-Napoca

2018-07-16 13:26:34
Two years after its official opening event, Porsche Engineering Romania inaugurated its new headquarters in Vivido Business Center in Cluj.

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INVESTMENTS

Industry 4.0: EIB supports construction of new Arctic factory in Romania

2018-07-13 14:39:56
The European Investment Bank (EIB) is lending 68 million Euro to white goods producer Arctic to finance the construction of a large-scale washing machine production plant featuring advanced manu...

INVESTMENTS

Bucharest's Henri Coanda Airport to upgrade sound system

2018-07-12 12:16:18
The National Bucharest Airports Company has awarded a 1.05 million Euro contract for the upgrade of the sound system of the terminals of the Henri Coanda Airport, Bucharest's main one. The contr...

INVESTMENTS

Lidl to open supermarket with electric car charging station in Resita

2018-07-12 12:11:37
Lidl will inaugurate a store in Resita on July 19, 2018, provided with electric car charging station. The Lidl Drive from Resita has a retail space of approximately 1,300 sqm and around 150 park...

INVESTMENTS

Garanti Bank finances the construction of HEKA Hospital in Constanta

2018-07-09 16:31:41
Garanti Bank granted a 11 million RON (2.3 million Euro) loan to HEKA Hospital in Constanta. The funding has been granted for a period of 10 years, so that a former office building in the center...

INVESTMENTS

TransferGo attracts 8.6 million Euro financing for international expansion

2018-06-21 11:35:20
TransferGo, the international fast online transfer company, has attracted a round of investment of 8.6 million Euro, which is the biggest amount received in a single financing round by the compa...

INVESTMENTS

World Bank signs new Country Partnership Framework with Romania

2018-06-20 10:18:04
The World Bank Group's Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF) for Romania that will prioritize investments in people, support for vibrant priva...

INVESTMENTS

Romania is the sixth most popular country for data centre investment, report shows

2018-06-19 11:53:27
Romania ranks 6th in the top destinations in the datacentres market in Europe, while the Nordics and the Netherlands occupy the first positions, according to Savills new Data Centre Investment I...

INVESTMENTS

Renault to invest one billion Euro in electric vehicles production

2018-06-15 14:25:24
Renault will invest more than 1 billion Euro to increase electric vehicle production capacity in France and add new models.

INVESTMENTS

Ford to open social entrepreneurship hub in Romania

2018-06-15 10:18:00
Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, announced that the first Ford Resource and Engagement Center (FREC) in Europe is to be established in Romania, with a focus ...

INVESTMENTS

Alexandrion Grup acquires six new companies from Halewood's portfolio

2018-06-14 14:41:02
Alexandrion Group has announced that it has completed the transaction with the English group Halewood International Holding PLC for the acquisition of six new companies in Romania's wine product...

INVESTMENTS

Bucharest, Brasov and Constanta sign cooperation memorandum

2018-06-08 10:12:15
The mayors of Bucharest, Brasov and Constanta signed a cooperation memorandum for promoting tourism in the three cities and announced the creation of a tourism development association.

INVESTMENTS

Investments in Romania's economy rose 14.3 per cent in Q1 2018

2018-06-07 10:29:27
Net investments in Romania's economy rose by 14.3 per cent in the first quarter of this year compared with Q1 2017, to 3.4 billion Euro, due to higher investment in equipment and other assets, a...

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INVESTMENTS

Ford confirms second vehicle for Craiova assembly plant in Romania, 200 million Euro new investment and 1,500 new jobs

2018-05-22 14:19:56
Ford confirmed today it is investing up to 200 million Euro and adding an additional 1,500 jobs to manufacture a second vehicle at its Craiova Assembly Plant, in Romania.

INVESTMENTS

E-Distributie Muntenia supports class for electricians at the Energy Technical College Bucharest

2018-05-16 13:59:15
E-Distributie Muntenia has signed a partnership agreement with the Energy Technical College Bucharest, and will support starting this year a class in dual system for students who will receive up...

INVESTMENTS

Glencore picks Romania to expand product development in oil trading ETRM

2018-05-11 14:07:44
Inatech, the energy trading risk management (ETRM) systems provider owned by Glencore, announces that it has picked Romania as a new hub for IT development.

INVESTMENTS

Regus launches its 8th location in Bucharest

2018-05-10 14:06:54
Regus, global provider of flexible workplace solutions, has opened its eight location in Bucharest, located at Anchor Plaza and is expanding in the western part of Bucharest.

INVESTMENTS

B. Braun starts the execution of greenfield investment in Timis County

2018-05-10 13:36:11
B. Braun, one of the world's leading providers of medical products, starts the construction works at Group's largest greenfield investment in Romania, at Sanandrei, Timis County.

INVESTMENTS

Ikea starts recruiting for second store in Bucharest

2018-05-02 11:51:21
Ikea started the recruiting campaign for its second store in the Romanian capital, which is currently being built in the Theodor Pallady area in Eastern Bucharest.

INVESTMENTS

Amazon to open second center in Romania

2018-04-30 10:14:57
The world's largest retailer Amazon will open a center in Romanian capital Bucharest at the beginning of May, the company announced.

INVESTMENTS

Porsche Engineering Romania aims to reach 120 employees in 2018

2018-04-26 15:43:05
Two years since its opening in Cluj-Napoca, Porsche Engineering Romania, the local subsidiary of the global engineering services provider, has expanded its scope of work in the field of automoti...

INVESTMENTS

Turkish Opsan leases 5,000 sqm in CTPark Pitesti

2018-04-25 12:15:38
Turkish car parts maker Opsan has leased 5,000 square meters of industrial space in CTPark Pitesti, the project developed by CTP.

INVESTMENTS

Garanti Bank grants 2 million Euro for the development of the Anima clinics network

2018-04-24 16:27:24
Garanti Bank recently granted a 9.3 million RON (2 million Euro) investment loan and working capital facility to Anima, part of Medlife Group, for the development of its network of clinics.

INVESTMENTS

CBRE intermediates a land transaction for a washing machines plant in Hunedoara

2018-04-18 15:51:23
CBRE intermediated the acquisition of a 42-ha plot by BSH Electrocasnice Manufacturing, the Romanian subsidiary of the German concern BSH Hausgerate GmbH, part of Bosch group.

INVESTMENTS

BRD to pay highest dividends in bank's history

2018-03-12 13:21:45
BRD Groupe Societe General, the third-biggest lender in Romania, proposes a gross dividend per share of 1.64 RON from last year's net profit, the highest in the bank's history.

INVESTMENTS

DS Smith is looking for growth on the Romanian packaging market

2018-03-08 11:17:20
DS Smith announced the completion of its 208 million Euro acquisition of EcoPack and EcoPaper, Romania. The acquisition significantly increases DS Smith's capacity to serve customers in a high-g...

INVESTMENTS

EIB offers Romania 13 billion Euro financing in 25 years

2018-02-21 11:37:50
The European Investment Bank (EIB) has granted Romania 13 billion Euro worth of loans since starting its operations in the country, in 1992, according to a report of the institution.

INVESTMENTS

Porsche Romania posts a turnover of 638 million Euro in 2017, 16 per cent growth compared to 2016

2018-02-20 13:59:40
Porsche Romania celebrates 20 years of activity, during which it delivered 455,055 cars under Volkswagen, Audi, Seat and Skoda brands.

INVESTMENTS

Kaufland plans 200 million Euro investments in Romania in the next year

2018-02-19 16:52:46
Kaufland, the leader of the Romanian retail market, plans 200 million Euro investments in the 2018-2019 financial year.

INVESTMENTS

Purcari Wineries lists on the Bucharest Stock Exchange after a successful IPO

2018-02-15 13:58:39
Purcari Wineries, a leading CEE wine producer, lists today on the Bucharest Stock Exchange, under the WINE symbol, following a successful IPO of 49 per cent of its shares.

INVESTMENTS

Zentiva NV is initiating a public offering for the acquisition of Zentiva SA shares

2018-02-15 13:49:49
Zentiva N.V. is initiating, between 20.02.2018 - 05.04.2018, a public offering for the acquisition of all the shares outstanding of the company Zentiva S.A. (former S.C. Sicomed S.A. - Medicine ...

INVESTMENTS

UPS to purchase 14 additional 747-8f freighters and orders 4 new 767s

2018-02-13 13:58:04
UPS announced it has ordered 14 Boeing 747-8 cargo jets and four new Boeing 767 aircraft to provide additional capacity in response to accelerating demand for the company's air services. All the...

INVESTMENTS

Romania buys 13.9 million Euro radar from Lockheed Martin

2018-02-05 13:17:31
Romanian state-owned defense contractor Romtehnica has purchased a tridimensional radar worth 13.9 million Euro (without VAT) from American group Lockheed Martin, according to an announcement in...

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Read in the Print Edition
Romania struggles to save face ahead of Euro 2020

With less than two years until the start of the 2020 UEFA European Football Championship, Romania struggles to finish its stadiums by kick-off time. And with roughly 200,000 fans flooding the capital city to ch...

New real estate bubble? It depends on who you ask

Romania's GDP has been outperforming those of neighbouring CEE countries as of last year, but its Central Bank warns that the mortgage bonanza might lead to a second real estate bubble. With market analysts poi...