Tag Archives: investment

Wielpütz Automotive from Germany has dropped plans to build the EUR 10 million factory in Craiova, Romania, as it had announced early this year. The German group was supposed to hire 500 people and part of them had already been ...

Belgium-based WDP has signed an agreement for the development and lease of 77,000 m²of logistics warehouse space at its existing site in Bucharest for retailer Auchan. The investment budget amounts to about EUR 45 million. This new development emphasizes WDP’s ...

Investment gaps are prevalent despite the strong – but mainly consumption driven – growth in recent years, reads the latest study on Investment and Investment Finance in Romania conducted by the EIB and presented in a press conference held by the ...

Bittnet (BNET), the first IT company listed on the AeRO market of Bucharest Stock Exchange (BVB), launched its third corporate bonds issue BNET23 worth a total of RON 4.7 million, which began trading on the Alternative Trading System of BVB from ...

Suter Palace, dubbed as the most luxury hotel in Romania and the only five-star plus hotel in the country, will re-open its gates at the end of this month (November 27-28), following a revamping process, whose costs are still “ongoing”, ...

NEPI Rockcastle has denied the information released in the mass media that it would currently eye to invest EUR 1.5 billion in revamping several railway stations in Romania. “The project mentioned in the press, regarding the supposed 1.5 billion euros ...

Veranda Mall is marking two years of existence by announcing big expansion plans. Opened in November 2016, Veranda Mall in Obor area, Bucharest will accommodate new tenants in the upcoming weeks and a huge cinema and an entertainment area as ...

ING Bank Romania continues to show strong commercial performance in 3Q18, attracting more customers and volumes due to a diversified lending and savings proposition. The number of active clients increased by 155,000 in the last 12 months, reaching 1.25 million. ...

Enel X Romania, a subsidiary of the Enel Group’s advanced energy services business line, Enel X, has officially unveiled today and launched the largest public e-Mobility infrastructure plan in the country. The plan will include the installation of around 2,500 ...

British industrialist Sanjeev Gupta on Friday promised that his global GFG Alliance would investigate wide-ranging investments in Romania to complement his planned development of the huge integrated steelworks at Galati. His comments follow a meeting with Prime Minister Viorica Dăncilă ...