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EUR10M Investments In Austrian Plant Producing Fries For McDonald’s Romania
Retail&Consumer

EUR10M Investments In Austrian Plant Producing Fries For McDonald’s Romania

Potato company Lamb Weston, French fry supplier to McDonald’s, will be carrying out an investment program of EUR10.4 million, between 2012 and 2016, for the modernization of the factory in H...

Ecaterina Craciun · 22.09.2015 · 13:07 · 1 min
Schaeffler Close To 4,000 Employees At Its Plant Near Brasov
Companies

Schaeffler Close To 4,000 Employees At Its Plant Near Brasov

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler, has increased the number of employees at its ball bearings plant in Cristian, Brasov County, to 3,900 and plans to hire more...

Loredana Frățilă-Cristescu · 09.09.2015 · 00:00 · 1 min
Altius Fotovoltaic Working Hard To Keep Up With Solar Panel Demand
Energy

Altius Fotovoltaic Working Hard To Keep Up With Solar Panel Demand

Photovoltaic panel manufacturer Altius Fotovoltaic is working hard to keep up with demand from abroad and the significant interest in the sector from industrial companies in Romania, says ch...

Loredana Frățilă-Cristescu · 08.09.2015 · 00:00 · 1 min
EKR Elektrokontat Romania To Build Wiring Plant In Targu-Jiu
Automotive

EKR Elektrokontat Romania To Build Wiring Plant In Targu-Jiu

EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will...

Loredana Frățilă-Cristescu · 03.09.2015 · 00:00 · 1 min
Kastamonu Romania Sees Revenue Flat In H1
Companies

Kastamonu Romania Sees Revenue Flat In H1

Kastamonu Romania (the former Prolemn) based in Reghin (center of the country) posted about EUR60 million revenue in the first half, flat on the year-ago period.

Loredana Frățilă-Cristescu · 12.08.2015 · 00:00 · 1 min
Draxlmaier’s Romanian Production Facilities Booked For The Next Two Years
Automotive

Draxlmaier’s Romanian Production Facilities Booked For The Next Two Years

German-held automotive component manufacturer Draxlmaier says the worldwide trend of the automotive sector had a positive influence on the business of its plants in Romania so they have the...

Loredana Frățilă-Cristescu · 11.08.2015 · 00:00 · 1 min
Federal Mogul To Hire 280 People For Its Facilities In Ploiesti
Automotive

Federal Mogul To Hire 280 People For Its Facilities In Ploiesti

US automotive component manufacturer Federal Mogul will hire 280 people for its brake pad and windshield wiper plants in Ploiesti.

Loredana Frățilă-Cristescu · 03.08.2015 · 00:00 · 1 min
Six Aerospace Companies Considering Romania For Investments
Companies

Six Aerospace Companies Considering Romania For Investments

Six aerospace companies want to open plants or relocate production facilities to Romania and the investments might create 15,000 new jobs, says Sorin Encutescu, state secretary with the Econ...

Loredana Frățilă-Cristescu · 16.07.2015 · 01:03 · 3 min
De’Longhi Romania Saw 130% Growth In 2014
Companies

De’Longhi Romania Saw 130% Growth In 2014

Italian home appliances manufacturer De’Longhi Romania, which owns an espresso machine plant in the Tetarom industrial park in Jucu, near Cluj, posted 321.7 million lei (EUR72 million) reven...

Loredana Frățilă-Cristescu · 19.06.2015 · 00:00 · 1 min