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Foreign investors looking for farming land
Large pieces of farming land are increasingly harder to come by in Romania these days, as a result of the higher demand from foreign investors, says Pasquale Calone, EuroMerger Italian consu...
Berlinwasser has big plans for Romania
Germany's Berlinwasser, an international water supplier and wastewater purifying service provider is planning to expand its operations in Romania by developing public-private partnerships al...
Infopress invests for 20% growth
Infopress, one of the leading players on the printery market in Romania has increased its printing capacity by 40%, following a $2 million investment in buying and installing a new rotary pr...
Cable TV ready for some rural action
The cable TV industry is getting ready to descend upon rural areas. This could be one of the main conclusions of the Annual Convention of the Cable Communications Association (ACC), which st...
Zapp is looking for another $100 million to expand its business
Telemobil, the operator of the mobile telephony network Zapp, is in advanced talks over getting a foreign funding worth approximately $100 million, which money will be used for network expan...
One more Boeing for Tarom
A new Boeing 737-700 (some $36 million in catalogue price) will be added to Tarom's fleet today and will be used for European flights among others, Tarom's general manager Ioan Lixandru said...
23.4% nine-month growth in dollars for Connex
MobiFon, the mobile telephony company that holds the Connex brand, posted Q3 EBITDA of $76.4 million, the largest EBITDA level ever achieved. EBITDA increased 18.7% in the above-mentioned pe...
Syndicate to raise cash for CET
The syndicate comprising Deutsche Bank, Banc Post and EFG-Telsis Fin was chosen to broker the $120 million loans aimed at 22 electrical heating stations (CET) in Romania, Mediafax reports. T...
US food giant Bunge has big plans for Romanian edible oil market
Although a relative newcomer to the Romanian market, Bunge Ltd., the American food industry giant, has already made two acquisitions in Romania and is now announcing plans for strong expansi...