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Qualicaps Invests EUR10.4M In Expanding Bucharest-Based Plant
Qualicaps, the second largest pharmaceutical capsule producer in Europe, invested EUR10.4 million in expanding its Bucharest-based plant, which will boost its annual production by 45%, the c...
AdePlast Invests EUR15M In Building Materials Plant In Oradea
Romanian building materials producer AdePlast, owned by businessman Marcel Barbut, will invest EUR15 million in a plant in Oradea city, northwestern Romania, the company said in a statement...
Artic Owner Plans To Build Third Plant In Romania
Turkish Arcelik group, the owner of home appliances manufacturer Arctic, wants to turn Romania into a European manufacturing and export hub so it plans to build a third plant in Romania, mar...
Olympus Dairy Producer To Invest EUR15M To EUR20M In Brasov
Fabrica de Lapte Brasov, which makes the Olympus dairy products, plans to invest EUR15 million to EUR20 million in its plant in Halchiu, Brasov County over the next two years, says general m...
Leoni: We’ve Doubled Workforce To 17,000 People In Romania In Five Years
Automotive component manufacturer Leoni has grown to more than 2 billion lei (EUR440.5 million) revenue and 17,000 employees in its three plants in Romania and continues hiring. The employee...
ArcelorMittal Galati Still In The Red In 2015
ArcelorMittal Galati, the largest steel plant in Romania, ended 2015 with 297 million lei (EUR66 million) losses, 40% lower than in 2014 and 4.5 times lower than in 2009. The last profitable...
Romania Loses Daimler’s EUR500M Engine Plant Investment To Poland
Daimler chose Poland over Romania for a new engine plant, a EUR500 million investment set to create 1,500 jobs. The announcement comes one week after the German group said it would make a EU...
Delphi Set To Hire Several Hundred People In 2016
US-held Delphi group, which has automotive component plants in the west of Romania as well as in the north-eastern region (Iasi) will hire several hundred people this year, possibly returnin...
Fornetti Group Completes EUR1M Investment In Timisoara-Based Plant
Hungarian group Fornetti has completed an investment of nearly EUR1 million in the upgrade of its production line at its plant in Timisoara and in the development of packing solutions, plus...