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Tag Archives: investment

Saint-Gobain to reopen the glass wool factory in Ploiesti, closed due to weak sales


French building materials manufacturer Saint-Gobain will reopen Isover glass wool factory in Ploiesti in July 2018, after the completion of the refurbishment process, a press release informs. The production unit was closed at the beginning of last year after falling ...

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IKEA starts building today the second store in Romania; the opening is scheduled for late summer 2018

ikea pallady

IKEA started officially on Tuesday the construction of the second store in Romania, in Bucharest’s Pallady area, the representatives of the Swedish retailer marking this event along with Capital’s General Mayor Gabriela Firea and 3rd District mayor Robert Negoita through ...

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Hercesa invested over EUR 15 M in Cismigiu Hotel in the last 5 years

Cismigiu Hotel

Cismigiu Hotel, one of the most spectacular heritage buildings in Bucharest, celebrates 5 years since inauguration and 105 years since the edifice was built. According to a press release, Spanish real estate developer Hercesa, the 4-star hotel’s owner, invested over ...

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MedLife invests EUR 700,000 in the first hyperclinic in Braila

Medlife Braila

MedLife, Romania’s largest private medical services provider, continues the expansion plans and opens the first hyperclinic in Braila, following an investment of EUR 700,000, a press release informs. Hyperclinica MedLife Braila covers an area of 540 square meters and offers ...

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Decathlon opens in Romania the first logistics center in South East Europe


French sports retailer Decathlon opened Thursday in Romania, near Bucharest, its first logistics center in Southeast Europe, following an investment of almost EUR 4 million, Jean-Francois Mace, CEO Decathlon Romania said. The Romanian logistics center will supply at least 30 ...

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Impact invests EUR 68 M in Luxuria Domenii Residence project


Romanian real estate developer Impact is investing EUR 68 million in a project with 630 apartments – Luxuria Domenii Residence, on the 2.5 ha plot bought this summer in the Expozitiei Boulevard in Bucharest. According to a press release, the ...

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