PLANT
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Private Equity Firm, Big Winner Of Bucharest’s Deindustrialization
Two of the largest shopping centers in Bucharest, AFI Palace Cotroceni and Mega Mall, the second Ikea store in Romania, as well as several hypermarkets were or are to open on the former site...
Altius Fotovoltaic Seeks Partners For Solar Panel Plant In Africa Or Middle East
Solar panel manufacturer Altius Fotovoltaic expects 16 million lei (EUR3.6 million) revenue this year, half of which generated by exports, and is in talks with African partners to open a pro...
Leoni To Hire 500 For Its Automotive Cable Plant In Arad
Wiring manufacturer Leoni Wiring Systems Arad, a subsidiary of Germany’s Leoni group, will hire about 500 people for the automotive cable plant in Arad this year, to complement the 4,700 alr...
H&M Works With 30 Plants In Romania
Almost 10,000 women are working on Sweden’s fashion giant H&M’s ‘made in Romania” clothes. The retailer started manufacturing operations in Romania about two decades ago and now has 10 direc...
H&M Works With 25 Local Textile Factories
Swedish fashion retailer H&M works with 25 textile factories in Romania, most of which in the eastern and southern parts of the country, in the poorest counties such as Braila, Vrancea, Tele...
Kastamonu Romania Invests RON70M In Adhesives Plant
Kastamonu Romania (the former Prolemn), a Reghin-based wood processing company held by Turkey’s Kastamonu Entegre, will start this year an investment project worth about 70 million lei (EUR1...
Turkey’s ETI Starts Hiring For Sweets Plant In Craiova
ETI, the Turkish confectionery producer that is now investing EUR40 million in a sweets plant in Craiova, southern Romania, has started hiring for the facility that will be completed in the...
Yazaki To Invest EUR2M In Extending Arad-Based Plant
Japan’s car part manufacturer Yazaki will extend its Arad-based plant by 4,000 square meters by July, following EUR2 million investments, Yazaki Component Technology said in a statement.
Kimball Electronics To Open Unit In Timisoara
US company Kimball Electronics, provider of electronics for the medical, automotive, and industrial sectors, will open a unit in western Romanian city of Timisoara, its second in Europe besi...