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Former Head of Ford Romania Ian Pearson Joins BritishVolt as Operations Director
Automotive

Former Head of Ford Romania Ian Pearson Joins BritishVolt as Operations Director

Ian Pearson, the former Ford Romania president between March 2018 and April 2021 who also ran the Craiova plant of the carmaker, has become operations director of BritishVolt, the UK company...

Loredana Frățilă-Cristescu · 05.07.2021 · 09:31 · 1 min
750 Textile Plants Disappeared from Statistics in 2020
Analysis

750 Textile Plants Disappeared from Statistics in 2020

Romania made RON18.3 billion worth of clothing, fibers and footwear last year, RON3.7 billion less than in 2019, as the pandemic took a toll on the figures, ZF has found from Trade Register...

Loredana Frățilă-Cristescu · 24.06.2021 · 09:56 · 1 min
Italy’s Benetton’s Plant in Romania Almost Completely Shut Down
Companies

Italy’s Benetton’s Plant in Romania Almost Completely Shut Down

Olimpias Mfg. Romania (formerly Benrom) of Italy’s fashion group Benetton has only six employees left and RON1.5 million revenue.

Loredana Frățilă-Cristescu · 11.06.2021 · 09:00 · 1 min
Calzedonia Shuts Down Romanian Plant for Labor Shortage Reasons
Companies

Calzedonia Shuts Down Romanian Plant for Labor Shortage Reasons

Italy’s fashion group Calzedonia has closed its Romanian plant which employed 400 people.

Loredana Frățilă-Cristescu · 09.06.2021 · 09:48 · 1 min
Construction Material Manufacturer Daw Benta Starts Work on Face Brick Plant
Companies

Construction Material Manufacturer Daw Benta Starts Work on Face Brick Plant

Paint, coatings and other construction material manufacturer Daw Benta has begun construction of its face brick plant in Mures County. The investment stands at RON17.5 million and the manufa...

Loredana Frățilă-Cristescu · 31.05.2021 · 09:00 · 1 min
Sport Mechanical Workshop to Inaugurate Second Bicycle Plant in Timisoara This Fall
Companies

Sport Mechanical Workshop to Inaugurate Second Bicycle Plant in Timisoara This Fall

Timisoara-based Sport Mechanical Workshop, which assembles bicycles for sporting goods retailer Decathlon, will inaugurate ai second plant in the city in the fall, the manufacturer said on i...

Loredana Frățilă-Cristescu · 14.05.2021 · 09:33 · 1 min
Sennheiser Keeps Brasov Headphone Plant After Sale of Consumer Electronics Unit to Sonova
Companies

Sennheiser Keeps Brasov Headphone Plant After Sale of Consumer Electronics Unit to Sonova

Germany’s Sennheiser group will keep the headphone plant in Brasov, Romania, following the international sale of the consumer electronics unit to Switzerland’s Sonova group.

Loredana Frățilă-Cristescu · 10.05.2021 · 10:54 · 1 min
Pharmaceutical Manufacturer Biofarm Earmarks EUR10M for Investments in 2021
Health

Pharmaceutical Manufacturer Biofarm Earmarks EUR10M for Investments in 2021

Pharmaceutical manufacturer Biofarm (BIO.RO) has budgeted RON47.4 million (almost EUR10 million) for investments in 2021, most of which or about 70% will go towards equipping the new product...

Loredana Frățilă-Cristescu · 29.04.2021 · 10:13 · 1 min
Continental Buys Kromberg & Schubert Automotive Wiring Plant in Timisoara
Automotive

Continental Buys Kromberg & Schubert Automotive Wiring Plant in Timisoara

Germany’s automotive wiring and electronic systems manufacturer Kromberg & Schubert has sold its plant in Timisoara to the Continental Group, local automotive industry sources say.

Loredana Frățilă-Cristescu · 14.04.2021 · 09:53 · 1 min