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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...
Franchise market reaches 900m euros
The franchising system is playing an increasingly important role on the Romanian market, with local companies generally on the lookout for big franchisers, such as Ikea, which is in advanced...
Asirom to boost capital by 2.5m euros
Asirom is to increase its share capital by around 90bn ROL (2.48 million euros) through an issue of new shares. The increase will be submitted to the General Meeting of Shareholders for appr...
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...
Friesland spends 4m euros on upgrades
Dutch group Friesland, the owner of three milk processing facilities in Romania, is to invest 4 million euros in modernising one of its factories, Industrializarea Laptelui Targu Mures. Frie...
Job creation costs 100,000 euros each
The creation of a long-term greenfield job in the industry costs more than 100,000 euros, an amount companies will not be able to afford without the support of banks, George Copos, the state...
Maschio Gaspardo invests 1m euros
Maschio Gaspardo Romania, a maker of farming equipment announced it would make one million euro investments in the manufacturing of new farming equipment models. "Investments last year amoun...
1.2m euros spent on poultry farm
Avicola San Roberto announced the running of an investment that will exceed 1.2 million euros in the building of a poultry farm in Nadab Arad County. The building will be done by 2006 and wi...
Oltchim seeks 25m euros from investment funds
Chemical complex Oltchim Ramnicu Valcea wants to raise more than 25 million euros from investment funds in order to lift its production capacity on the construction materials segment and fin...