The Sonaca Aerospace company, an 80 year old group operating in the areas of development, manufacturing, assembly and testing of aerospace metallic and composite structures and their associated systems, managed to get state aid funds, mid September 2015, in order to open a new facility in Romania....more »

The total worth of Romania's direct foreign investment in 2014 amounted to 2,4 billion EUR while the total balance of investment added up to approximately 60,2 billion, according to Romania's Central Bank....more »

Globalworth Real Estate Investments, the company owned by Ioannis Papalekas managed to sum up 53,8 million EUR from the London Stock Exchange. This is well above their initial expectations of 35 million EUR......more »

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Franco del Fabbro, CEO of Heidi Chocolat recently stated that the company plans to expand its business by 50 percent, after already having made an investment of seven million RON in order to build a new production section within the Pantelimon factory....more »

Alpha Group Investments and Ali Ergun Ergen plan to finish their retail and office real estate project by 2017.Ergen, former manager of Plaza and Baneasa malls has embarked on this new project, initially expected to span 60,000 square meters, in Timisoara, Ziarul Financiar reports....more »

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 »

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 »

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 »

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 »