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Federal Mogul To Open Windshield Wipers Plant In Ploiesti On Thursday
U.S. company Federal-Mogul will open its windshield wipers plant in Ploiesti city on Thursday, the company said in a statement.
International Fashion Giants’ Romanian Plants Generate RON1.5B Revenue
Italian-held luxury fashion group Moncler is the latest industry big name to have entered Romania via a direct manufacturing investment.
Daimler’s Transmission Plant In Sebes Headed Towards EUR1B Revenue
German-held Daimler AG was the tenth largest exporter in Romania’s economy last year after having climbed from 85th place the year before.
Dedeman To Pay EUR6m For Industria Iutei Plant Site
Romanian-held do-it-yourself retailer Dedeman is negotiating to buy an almost 3-hectare plot of land in Bucharest’s sector 5 from flax, hemp and jute products manufacturer Industria Iutei. D...
Gorenje: Romania, A Plausible Choice For A Production Facility
Slovenian home appliances manufacturer Gorenje posted EUR17 million revenue in Romania last year, following a 30% increase in sales on a market that grew by 12%, says Damir Drazetic, general...
Daimler: Romania Can Be A Solution For A New Car Plant
The Daimler group, one of the world’s largest carmakers plans to become number one on the premium segment by 2020, which is why it must beat the sales of BMW, the segment leader last year.
Arctic To Build New Plant On 70-Hectare Plot
Romania’s largest home appliances manufacturer, Arctic, will build its planned washing machine and dishwasher plant on an about 70-hectare plot in Ulmi, Dambovita County (southern Romania),...
Vel Pitar Buys Bankrupt Rival Spicul’s Plant
Vel Pitar, one of the largest bakery industry businesses in Romania, bought the plant of rival Spicul, a company with a 160-year history.
Distressed Asset Specialist Buys Two Construction Material Plants In Romania
Two door and window manufacturing plants located in Ilfov and Prahova Counties (southern Romania) have been acquired by private equity firm CEE Special Situations Fund, whose main backers ar...