10.22.2013

Telecom operators invest EUR400-EUR500 million annually in Romania and half of the amount goes to active telecom equipment, Florin Petolea, head of Alcatel-Lucent Romania, said Tuesday at ZF Digital more

10.22.2013

Telecom operators will continue to invest tens of millions of euros in 2014 to extend network coverage and increase data transfer speed, representatives of Orange, Vodafone, UPC Romania, Romtelecom more

10.21.2013

Germany, the third largest foreign investor in Romania’ economy, with more than EUR6 billion pumped locally over the past twenty years, neither brought any of its major banks to Romania nor built a more

10.16.2013

Metallic tile producer Coilprofil, part of Belgium’s Coilprofil group, estimates a 12% to 15% increase in sales in 2013, up to nearly EUR10 million. more

10.16.2013

Kaufland, the largest food retailer on the Romanian market, plans to open seven to nine stores and targets investments of EUR50 million up to EUR90 million in 2014. more

10.08.2013

Italian company Immobiliare Grande Distribuzione (IGD) has earmarked nearly EUR5 million for investments in modernizing and extending the rentable area of shopping center chain Winmarkt Romania this more

09.30.2013

Romanian businessman George Copos plans to invest EUR5.4 million in his tourism business in 2014. more

09.27.2013

Greek businessman Ioannis Papalekas, one of the most active real estate investors and developers in Romania, has reached an agreement with a European financial institution to get financing for the more

09.27.2013

Romania’s Government will approve a list of priority projects in the next three or four weeks, including several multiannual infrastructure projects, minister-delegate for the state budget Liviu more

09.26.2013

Biso Romania, the local division of Austrian agricultural machinery manufacturer Biso Schrattenecker, wants to invest EUR2 million in 2014 for the construction of grain storage facilities. more

09.24.2013

Swiss group Energy Financing Team (EFT) plans to invest at least EUR50 million in building a hydropower plant or a coal-fired power plant in Romania. more

09.24.2013

Romania’s minister-delegate for small and medium-sized businesses Maria Grapini said Tuesday she supports exemptions from taxes on profit for SMEs reinvesting it in research, development, and more

09.23.2013

Romania’s healthcare system needs more investments and increased efficiency, Pascal Prigent, general manager of GlaxoSmithKline (GSK) Romania, said Monday. more

09.20.2013

Foreign developers of renewable energy products came up with almost EUR60 million for the companies they own in Romania this summer, ZF has found by looking at Trade Registry data. more

09.19.2013

Romania’s state-owned natural gas producer Romgaz Medias hasn’t discovered any new deposits, but it is investing in storage units and dehydration facilities, an Economy Ministry official said more

09.17.2013

Slowness and fear of taking decisions are among the main reasons why Romania lacks foreign investments, believes Mihai Bogza, president of the Foreign Investors Council (CIS) and chairman of more

09.05.2013

Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat. more

09.03.2013

Romanian first-half net investments fell 2.3% to 27.93 billion lei (EUR6.31 billion) from the year-earlier period, on declining activity in constructions, the country’s statistics institute INS said more

08.26.2013

Romanian state-owned natural gas transporter Transgaz Medias (TGN.RO) plans to invest at least 2.4 billion lei (EUR541 million) in network upgrade and new pipelines by 2017, the company said in a more

08.26.2013

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) is considering launching a series of bond issues or taking out loans to finance its investments scheduled for the 2013-2017 period, more

08.21.2013

Virgil Mailat, the businessman who introduced PET bottled beer in Romania at the time he was a shareholder of Bere Mures brewery, has completed renewable energy projects worth around EUR43 million more

08.20.2013

Romanian electronics and appliances retailer Flanco invested around EUR450,000 since the beginning of the year to refurbish ten stores and will open two more stores by the end of the year, the company more

08.05.2013

Building materials manufacturer Macon, part of a group of companies held by Polish private equity firm Enterprise Investors, has invested EUR370,000 in a new kiln meant to double its current more

07.31.2013

Telecom operators Cosmote and Romtelecom, controlled by Greece’s OTE Group, will invest more money this year than in 2012, Nikolai Beckers, Chief Executive Officer of the two companies, told ZF in more

07.23.2013

Market research company GfK, which monitors 3,000 households in Romania, says consumer confidence is at a low. “The Government needs to attract investments,” says Andi Dumitrescu, general manager more