invests
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Ursus invests $30m
Beer producer Ursus Breweries, part of the international group SabMiller, will invest this year over 30 million dollars (25 million euros) in expanding production capacities of its plant in...
Maurer & Kasper invests in Brasov
The Romanian branch of the German company Maurer & Kasper will invest about 13 million euros in building a residential complex with a total surface area of 37,000 square metres, stated Danie...
Aviva invests in stock and properties
Life insurance company Aviva launched two new investment programmes for unit-linked policies at the beginning of this month: Imobilis and Practic Max. Imobilis, which is denominated in euros...
Eximtur invests in business travel
Eximtur travel agency, one of the top five players in the sector, is targeting the growth of turnover by at least 30% for 2006, with two new representative offices opened in Timisoara and Or...
Siemens invests 20m euros in Iasi
Siemens VDO Automotive, part of the German group Siemens, is expanding its activity in Romania with a new research and development centre to be opened in Iasi. Local authorities say company...
Petrom invests 70m euros in offices
Petrom, the largest company on the market and a member of the Austrian OMV Group, is building its own headquarters in Straulesti, north of Bucharest. The complex, whose development will be p...
Piraeus Bank invests 40m euros to double assets
The Piraeus Bank has announced ambitious growth plans, scheduling investments worth 40 million euros to expand its network, its IT system, and to develop alternative distribution channels. "...
Mandy producer invests 8m euros
The Bucharest-based company Glina, which makes the Mandy canned foods, announced it will begin an investment of about 8 million euros this year in order to upgrade its factory in Glina, near...
Dufa founder invests in real estate and constructions
At 48, the general manager of Henkel Bautechnik Romania, Marius Ivan, an economist by profession, is an investor in constructions businesses worth around 50 million euros. One of the founder...