Investment
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Turkish investment in fruit and vegetables
Turkish construction company SU Group will finalise a 30,000 square-metre logistic project, SU Market, by November. The centre is located in the north-eastern area of the capital city, on Bu...
HP and Ericsson boost investment
USa?? Hewlett-Packard (HP), one of the worlda??s major producers of IT and electronic equipment, and Swedena??s Ericsson, the largest supplier of equipment for 3G telephony, will boost their...
Elcobrandt reconsiders 11m-euro investment
ElcoBrandt, the leading supplier of home appliances on the French market, is now likely to redirect its planned 11m euro investment in the top-loading washing machine factory near Bucharest...
Milk quota attracts large investment
The milk quota Romania has negotiated with the EU of 3 billion litres a year, combined with the prospects for growth on the market, is attracting massive investment to the milk products mark...
Kandia-Excelent investment sweetens profits by 57%
Chocolate producer Kandia-Excelent expects its gross profits to rise by 57% this year to 3.3 million euros, thanks to an investment budget of around 1.2 million euros. According to a company...
European Drinks applies to EBRD for loan to support long-term investment
Food and beverages group European Drinks, which is owned by Ioan and Viorel Micula, has turned to the European Bank for Reconstruction and Development (EBRD) for a 195 million-euro loan. Det...
Ina Schaeffler investment at 90m euros
Ina Schaeffler, a German company specialised in producing ball bearings, has reached the halfway stage in the second phase of its investment in Brasov. The total investment is expected to re...
Mobexpert resumes investment in hypermarkets
Mobexpert, the biggest furniture retailer in Romania, plans to invest 32-33 million euros in five new furniture hypermarkets this year, in a return to large investments after not having open...
Investment fund Advent acquires Düfa for 18 million euros
The end of last week saw investment fund Advent sign an agreement whereby it will acquire 100% in the lacquer and paints maker Düfa Romania in a deal worth 17-18 million euros, sources close...