invests
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Former Pfizer manager invests in boat showroom
Gabriel Hanganu, former manager of pharmaceutical company Pfizer's local division until 2000, has opened a pleasure boat showroom in Bucharest, close to the Otopeni bridge, after an investme...
George Paunescu invests 4m euros in new furniture plant
Businessman George Paunescu, who indirectly controls Arad-based furniture manufacturer Imar, will invest over 4 million euros in a new plant this year, an investment which will increase the...
AIG Lincoln invests 30m euros in second project
AIG Lincoln will invest over 30 million euros in a real estate project in Romania, the second such project by the American company on the local market, with works due to start next year, acc...
Astra-Uniqa invests over 2m euros in advertising
Astra-Uniqa, an insurer held by businessman Dan Adamescu and by Austrian group Uniqa, has budgeted expenditures worth over 2m euros for advertising, according to company representatives. Up...
MOL invests 20m euros in network expansion
MOL Romania, the local branch of the Hungarian petroleum group MOL, will allocate 20 million euros this year to expand its petrol station network, with the first station to opened in 2008 be...
Anchor invests 10m euros to extend Plaza Romania mall
Real estate developer Anchor Grup, which owns the Bucuresti Mall and Plaza Romania shopping centres, will start to expand and renovate the mall on Timisoara Boulevard (Plaza), with an invest...
Vel Pitar invests 200,000 euros in traditional cake promotion
Bakery producer Vel Pitar, with turnover worth over 130 million euros locally, will invest 200,000 euros (rate card sum) in April, in order to promote a new range of traditional cakes. Follo...
Lafarge invests 35m euros in aggregates and concrete
French group Lafarge has earmarked investments worth 125 million RON (35 million euros) to develop its aggregates and concrete unit in 2007 and 2008, both through acquisitions and the implem...
ING invests 400m euros in real estate projects
ING Real Estate Development, the real estate investment division of the Dutch financial group, famous for developing one of the largest malls in Europe - the Zlote Tarasy mall (photo) in War...