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Ice Cream Producer Ice Dyp Balas Buys Craft Ice Cream Plant
Companies

Ice Cream Producer Ice Dyp Balas Buys Craft Ice Cream Plant

Romanian ice cream producer Ice Dyp in Timis County is entering the craft ice cream market after having bought Ati Cream plant in Harghita County from Romanian entrepreneurs. The officials o...

Loredana Frățilă-Cristescu · 09.12.2020 · 09:45 · 1 min
Over 50 Romanian Plants Risk Losing Orders due to Problems of UK Fashion Brands
Analysis

Over 50 Romanian Plants Risk Losing Orders due to Problems of UK Fashion Brands

Romania is one of the main European suppliers of the major British fashion brands Debenhams, Topshop, Dorothy Perkins and Wallis, which have announced store closures or filed for insolvency...

Loredana Frățilă-Cristescu · 04.12.2020 · 09:34 · 2 min
Schaeffler Expects 10% Drop in Revenue for Its Plant Near Brasov in H1
Companies

Schaeffler Expects 10% Drop in Revenue for Its Plant Near Brasov in H1

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, expects 10% decline in revenue in the second half compared with the year-ago period, due to the decline in orders from...

Loredana Frățilă-Cristescu · 13.11.2020 · 10:33 · 1 min
Promateris Invests EUR7M in New Packaging Plant
Capital Market

Promateris Invests EUR7M in New Packaging Plant

Packaging manufacturer Promateris, formerly known as Prodplast, plans to make a EUR7 million investment in a new biodegradable packaging plant in Crevedia, Dambovita County.

Loredana Frățilă-Cristescu · 10.11.2020 · 10:58 · 1 min
Unilever Expands Ploiesti Plant
Companies

Unilever Expands Ploiesti Plant

Unilever group, one of the largest actors on the fast-moving consumer goods market, is developing manufacturing operations in Romania by investing in the plant in Ploiesti to meet rising dem...

Loredana Frățilă-Cristescu · 10.11.2020 · 10:10 · 1 min
Arcelik Group Invests in Arctic Gaesti to Meet Higher Demand
Companies

Arcelik Group Invests in Arctic Gaesti to Meet Higher Demand

Turkey’s Arcelik Group, which has two plants in Romania, a refrigerator facility in Gaesti and a washing machine facility in Ulmi, Dambovita County, is investing in the local operations to m...

Loredana Frățilă-Cristescu · 23.10.2020 · 10:17 · 1 min
Kastamonu Romania Revenue Almost Flat in H1
Companies

Kastamonu Romania Revenue Almost Flat in H1

Kastamonu Romania (formerly Prolemn), held by one of the leading wood processing businesses in Turkey Kastamonu Entegre, posted 290 million lei (some EUR60 million) revenue in the first half...

Loredana Frățilă-Cristescu · 06.10.2020 · 10:24 · 1 min
Renaissance Public Service Assembles RON430M Worth of TV Sets
Companies

Renaissance Public Service Assembles RON430M Worth of TV Sets

TV set manufacturer Renaissance Public Service in Chiajna, Ilfov County, assembled 430 million lei worth of TVs in 2019, an increase of more than 50% on 2018, but this year the pandemic hurt...

Loredana Frățilă-Cristescu · 28.09.2020 · 09:31 · 1 min
Sporting Goods Group Amer Sports Buys Chimsport Orastie Plant
Companies

Sporting Goods Group Amer Sports Buys Chimsport Orastie Plant

Amer Sports, one of the leading sporting goods manufacturers in the world, has bought Chimsport’s plant in Orastie, Hunedoara.

Loredana Frățilă-Cristescu · 23.09.2020 · 09:10 · 1 min