EQUIPMENT
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Delgaz Grid Invests RON7M In Equipment For Detecting Gas Leaks From Distribution Grids
Delgaz Grid, the natural gas and electricity distribution company of Germany’s E.ON Group in Romania, budgeted investments of over RON7 million for the acquisition of devices that detect has...
Retailer Kitchen Shop Grows to 18 Stores and EUR10M Sales
Kitchen equipment retailer Kitchen Shop, a Romanian concept launched by entrepreneur Laurentiu Ilie ten years ago, has grown to 18 stores and about EUR10 million sales.
Romstal Revenue Up 8% To RON660M In Romania In 2017
Plumbing and heating equipment and construction materials wholesaler Romstal, part of the Italian group held by businessman Enrico Perini, saw its revenue increase by 8% to almost 660 millio...
Electrogrup: We’ll Make Renewable Energy Equipment When Investment Returns To Romania
The lack of investment in the local renewable energy sector is making some companies in the energy infrastructure construction business turn to markets abroad. One such company is Electrogru...
Kaercher To Start Manufacturing In Romania In September
German-held Kaercher group will begin production at its Curtea de Arges plant in southern Romania in September. The plant will make vacuum cleaners for industrial and household use.
Cameron Romania Sees 25% Profit Margin On A Dwindling Oil Market
Cameron Romania, the largest manufacturer of oil industry equipment in the country, posted growth of 6% in 2015, with revenue reaching almost 1.3 billion lei (EUR288 million) and net profit...
Oil Industry Equipment And Service Providers’ Market Value Down 30% In 2015
Oil industry equipment and service providers have lost 30% of their market value this year, the worst decline since the 2008-2009 crisis, due to dwindling revenue caused by lower investment...
Upet Targoviste May Supply Drilling Equipment In Iraq
Romanian oilfield equipment maker Upet Targoviste (UPET.RO) aims to supply drilling equipment to Romanian companies involved in Iraq projects, with a lucrative oil production due to small co...
US Companies Made $850M Revenue From Oil Industry Equipment And Services In Romania in 2014
Major US suppliers of oil and natural gas industry equipment and services made more than $850 million revenue in Romania last year. More than 2,000 people, most of them in Ploiesti, work on...