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Austrians invest $64 million in Transilvanian wood
Austrian company Holzindustrie Schweighofer plans to invest $64 million in a timber processing plant in Sebes, Alba County, which will create some 350 jobs. The town in Transilvania this way...
Michelin's Romanian employees invest abroad
The Romanian employees of tyre maker Michelin bought 250,000 euros' worth in the group's shares, traded on the international market.Nearly 70% of the 3,500 Romanian employees, that is 2,320...
Metro to invest 15m euros in Suceava
Metro Cash & Carry started building its 16th cash & carry store that will open this year in Romania. "The store will open in Suceava in October and will trigger investments worth 15 million...
Inbod to invest $1 million
Peruvian-held coffee producer Inbod Impex will invest about $1 million in expanding its existing productive lines. The company began producing coffee at the end of 2002, after having dealt o...
Continental to invest another $10m
Contifluid, part of German group Continental, will invest more than $10m in building a plant in the Timisoara-based Friedorf industrial park. Radu Radoslav, head of the Timisoara City Hall U...
WinMarkt to invest $4.5m
WinMarkt is planning to invest more than $4.5 million this year in taking over new commercial centres and modernising the company's chain of stores, said chief financial officer Anca Barbule...
BRD-SocGen to invest about 40m euro in 2003
The investments Banca Romana pentru Dezvoltare - Groupe Societe Generale is planning to make this year will amount to 1,353bn ROL (about 38 million euros) and will be primarily aimed at buyi...
LukOil set to invest $150 million
Russian group LukOil will invest approximately $150 million on the Romanian market this year, with the bulk of investments allocated to the expansion of its gas station network from 90 to 20...
Metal Invest Grup buys into Uton
Darmanesti-based Metal Invest Grup has managed to buy 352,139 shares in technological equipment provider Uton Onesti for 81,375 ROL/share in a takeover bid on the Bucharest Stock Exchange. T...