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Electronic Component Maker Plexus Returns to Profit in 2021
Electronic component manufacturer Plexus Services Ro, the local subsidiary of the US Plexus Group, posted RON844.8 million (EUR171.7 million) revenue in 2021, 9% lower than the RON28.6 milli...
Bicycle Maker Eurosport DHS Posts EUR79M Revenue in 2021
Bicycle manufacturer Eurosport DHS, controlled by Chinese and German investors, posted RON388.6 million (EUR79 million) revenue in 2021, up 16% from the previous year’s more than RON334.8 mi...
Soceram Invests in Upgrades, Builds New Plant in 2022
The building materials manufacturer Soceram in Campina, owned by Mihai Anastasescu, is investing in upgrading of its factories in Dambovita County, in parallel with the plan to build a new p...
Netherlands’ Envipco Invests More Than EUR2M in Reverse Vending Machine Plant in Sebes
Dutch company Envipco has completed an investment of more than EUR2 million in an equipment factory for the selective collection of beverage packaging, built in the city of Sebes, Alba Count...
Medical Device Manufacturer Hamilton Invests EUR4.5M In Romanian Operation
Medical device manufacturer Hamilton Central Europe has invested more than EUR4.5 million in its Romanian operation, starting with the Mechanics department and is continuing with the develop...
Carbochim Cluj-Napoca Invests over EUR5M in Plant Relocation and Upgrade
Carbochim Cluj-Napoca (CBC.RO), the largest manufacturer of professional abrasives in Romania, indirectly controlled by Iulius Group owner Iulian Dascalu, announces investments of more than...
Xella Romania Set to Invest in Boosting Production Capacity at Its Ploiesti Plant
German masonry block manufacturer Xella, present on the local market, plans to expand its production in Romania and will make investments to this end.
Philips Set to Hire 100 People for Its Orastie Plant
Philips Orastie, part of Dutch giant Philips, is currently recruiting 100 people for unskilled worker jobs in assembling/installing parts at its home appliance factory in Hunedoara County, w...
NuScale Could Make Small Nuclear Reactors in Romania
The plan of NuScale, which will make the small modular nuclear reactors (SMR) for Romania, is to assemble them in a plant, and one such plant could be in Romania, CEO John Hopkins said at th...