Investment
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A new El Dorado for investment funds
One of the most competitive construction materials sectors, the paints and varnishes, will see sales reach 260-270 million euros by 2010, approximately 70% more compared with the level of la...
Packaging, among top foreign investment destinations in Q1
Foreign investments amounted to almost 300 million euros in the first quarter of this year, in line with data released by the National Trade Registry Office. The value includes investments w...
Friesland to double investment pace
The general manager of Friesland Foods Romania, the biggest player on the local dairy market, says the company will double its investment this year, to 6 million euros. "The investment is ma...
Investment funds sell 33% of Rolast
A stake amounting to almost 33% in the rubber parts manufacturer Rolast Pitesti was transferred on Tuesday on the Bucharest Stock Exchange in a transaction worth 6.8 million RON (almost 2 mi...
Petrom doubles investment in 2006
Petrom has announced plans to invest an estimated 2.3 billion RON (647.8 million euros) this year, double the amount in 2005, when investment totalled 1.1 billion RON (303.8 million euros)....
Rosenstock: Every investment must yield a profit
Hans Ludwig Rosenstock, 45, has been Mittal Steel Galati steel plant''s chief operating officer (COO) for about a year. "I couldn''t say there is a concrete job description for my position....
20m-euro Dutch investment for Logan parts
Polynorm, a Dutch company specialising in automotive subassemblies manufacturing, intends to open a factory to supply parts for Dacia Logan in Romania, with initial investment set to range b...
5 million-euro investment in automotive cables
EKR Elektrokontakt Romania, a subsidiary of Germany''s Autoelectric GmbH, a producer of car parts and cable systems, will finalise an investment of around 5 million euros this month in order...
Foreign investment triples in January
The value of foreign direct investment rose by 199% in January to 699 million euros, according to provisional data centralised by the National Bank of Romania (NBR) that was published by the...