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Telecom And Automotive Component Plant Faist Oradea Revenue Down 9.5% To RON310M In 2019
Telekom infrastructure and automotive industry component supplier Faist Mekatronic, part of UK’s Faist group, posted about RON310.2 million (EUR65.5 million) revenue in 2019, about 9.5% less...
Romania Has 388 Plants That Make Protective Gear For Various Sectors, Medical Sector Included
Romania has 388 plants that make protective gear for various sectors from heavy industry to mining, with RON471 million revenue and 4,500 employees in 2018, according to confidas.ro, a platf...
Daniel Guzu Invests EUR1.5M in New Production Facility for Duraziv
Construction materials manufacturer Duraziv of businessman Daniel Guzu will open a new metallic profile production facility this spring, following a EUR1.5 million investment.
Kaercher Invests EUR25M in Second Vacuum Cleaner Plant in Romania
Germany’s Kaercher group bought a building in Curtea de Arges in 2017, the same city where it already has a plant, in order to develop a new manufacturing facility there.
La Lorraine Romania Invests EUR12.5M In Production Expansion At Its Plant In Campia Turzii
La Lorraine Romania, bakery products manufacturer held by Belgian La Lorraine Bakery Group and distribution company Macromex, has invested EUR12.5 million in its plant in Campia Turzii, whic...
Romania Loses Over EUR100M Investment from Bosch
Germany’s Bosch group has dropped plans to build a washing machine plant in Simeria, Hunedoara County, which would have required a EUR110 million investment.
Clariant Starts Construction Of EUR140M Bioethanol Plant In Craiova
Swiss-held chemical group Clariant has received the approval of Romanian authorities and started the construction the bioethanol factory it had announced for Podari, a rural town in the vici...
Levente Bara and Alexandru Chiric Open EUR4.2M Ciugud Plant
Walnut kernel processor Transilvania Nuts held by Levente Bara and Alexandru Chiric has opened a new plant in Ciugud, Alba County, where it will make organic nuts, fruit and walnut kernel or...
Romania Back in the Cards for New Volkswagen Plant Investment
Romania is back on the list of countries where Volkswagen might open a new plant for its future Passat and Skoda Superb generations, with talks over this started by the government in Buchare...