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Articles - investments

Buzoianu family to sell Retrasib to invest in Cluj Business Center

Businessmen Octavian and Călin Buzoianu, who control over 80 pct. of the Retrasib Sibiu (RTRA)shares, mostly through the companies Institut Proiect and Trafo Proiect, intend to sell their shares in the engine, generators and electric transformers manufacturer to the German company SGB-Smit International, in order to focus on other projects ongoing.

Romania has the chance to become an emerging market over the next 12-18 months

The representatives of the industry of funds administration, segment of the economy which last year recorded the fastest increase since the beginning of the economic crisis, considered that Romania has big chances to go from the statute of border market to that of emerging market in the next 12- 18 months.

Romania and Bulgaria, the only EU countries where FDI increased last year

Foreign direct investments (FDI) in 23 nations of Central, Eastern, and Southeastern Europe fell sharply in 2013 and even fell “alarmingly” in Slovakia and Poland, the Vienna Institute for International Economic Studies (WIIW) said in its latest FDI analysis, quoted by globalpost.com.

Two million dollars investment in Ploieşti West Park

An American investment of two million dollars belonging to the company PAS Techologies was inaugurated on Tuesday in the private industrial park Ploieşti West Park, situated on the territory of the village Ariceştii Rahtivani, involving a new production line for the oil industry.

Net investments in Romanian economy, down 7.4% in Q1

The net investments made in the Romanian economy stood at 11.23 billion lei (current prices) in Q1 2014, down by 7.4% compared to the same period of last year, according to the data released on Wednesday by the National Institute of Statistics (INS).

EY: Romania surpasses Hungary and becomes 3rd most attractive CEE market for foreign investors

Romania has surpassed Hungary as the third most attractive country to establish a business in central and Eastern Europe, according to a survey from Ernst & Young. Romania is still below Poland and the Czech Republic, but if it maintains its current rhythm of development, may reach 2nd spot in 2015, writes evz.ro.

Mega Image gets EUR 25 million from the Netherlands for expansion

Belgian retailer Mega Image, present on the local market with three store formats, the supermarkets with the same name, the proximity stores Shop&Go and the frozen goods store AB CoolFood, received a capital infusion of EUR 25.2 million from the Netherlands.

Strabag: Romania is again on the multinationals investments map

Austrian group Strabag, which has built two highway segments between Deva and Sibiu, estimates that the local construction market, evaluated at approx. EUR 9.6 billion, will register this year an advance of 5.8 pct.

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