Investments
September 29, 2015 15:49
The Astra Vagoane Calatori factory is planning on coming out with its own tramway model. It is trying in this manner to break the dependency it has on Siemens, its partner in building the Imperio tramway line.Mediafax reports that the company is currently working on its own model. “ We are currently working on a tramway designed by Astra, through our design [...and] research team. We are developing this project in order to not depend on our external partner anymore. Because for every auction you win internationally there are conditions that the international partner imposes......more »
September 29, 2015 14:08
Romanian president Klaus Iohannis told Americans who participated at the BestInvest Economic Forum in New York that the US can become a principal investor in Romania.According to Agerpres, the head of state claimed that American investments are welcomed in Romania and that he believes the US can become one of the most important investors in the country....more »
August 25, 2015 16:31
Polish juice manufacturing group Maspex Wadowice has acquired Romanian mineral water producer Rio Bucovina, the transaction being subject to approval by the Competition Council.   Rio Bucovina is the second largest manufacturer of water...more »
August 06, 2015 05:30
In a transaction estimated to around 100 million Euro, the private healthcare services operator Regina Maria was acquired by the investment fund Mid Europa Partners, the deal being signed at the beginning of August 2015. The main shareholders ...more »
June 30, 2015 11:53
Investment fund Abris Capital grows it's investment portfolio in Romania with the acquisition of tissue paper manufacturer MG-Tec. The transaction is subject to sell a stake in the paper division of MG TEC Group, which includes companies Pehart Tec, Metalicplas Distribution, Metalicplas Impex and Samus Constructii. ...more »
June 29, 2015 16:30
Dentons assisted AmRest in acquiring the two Starbucks franchises in Romania and Bulgaria. For AmRest this acquisition is the entryway into the Romanian market – the second in size in Central Europe - and will strengthen its leadership position in the region. AmRest will now operate 18 Starbucks coffee shops in Romania, and 5 in Bulgaria. ...more »
June 02, 2015 11:36
The construction of the facilities for the assembling of Super Puma MK 1 model helicopters have started in Ghimbav, Brasov county, following a 40 million euro investment by Airbus Helicopters. IAR Brasov, a company controlled by the state, will provide to Airbus Helicopters a land of 15,000 square meters with host an industrial hall of 8,550 square meters for the production site in Romania. ...more »
April 20, 2015 12:59
Tenaris, a leading supplier of tubes, reconfirmed its interest for Romania through a new investment of 14 million dollars into a training centre for its 1,700 employees at Silcotub.  Tenaris area manager Michele Della Briotta mentioned the training centre's role as a 'bridge' to the local community. 'We will organized here festivities we wish to share with the local community, educational, entertainment and cultural events,' he said in a report by Agerpress....more »
April 10, 2015 10:18
Policolor will have a new production line in Bucharest, the company announcing that it will build a paint factory on the former industrial platform of Chimester which was acquired earlier this year. ...more »
April 09, 2015 14:43
Gindi Group has resumed the GViTown residential project announced in 2009, an investment of EUR20 million located in Mihai Bravu area in Bucharest. ...more »
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