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Global Safety Textiles Invests EUR46M In Airbag Plant Near Sighisoara
Airbag manufacturer Global Safety Textiles, which has a plant in Sighisoara (central Romania), will receive state aid of EUR18.5 million for a EUR46 million investment in a new production fa...
Belgian Carpet And Curtain Producer Set To Build Plant In Ploiesti
Belgian-held group Allianso, which owns Ploiesti West Park logistic park in Aricestii Rahtivani, Prahova County in Romania, will build a plant and a 25,000-square meter warehouse there for B...
Adeplast Gets EUR7 Million State Aid To Build Basalt Fiber Wool Plant
Romanian building materials producer AdePlast received state aids worth EUR7.27 million to build a EUR19 million basalt fiber wool plant in Ploiesti city by 2015, the company announced Thurs...
Over 300 Micro-hydropower Plants Operational in Romania, 150 Pending OK
Over 300 micro-hydropower plants are already authorized and operational in Romania, while some 150 are pending authorization, according to the data sent to Mediafax by the water management d...
2013 In Review: Ten Most Important Events In Construction Sector
The year 2013 witnessed insolvencies, several deals and the opening of new construction materials plants and malls.
2013 In Review: Ten Most Important Events In FMCG Industry
The year 2013 in the fast-moving consumer goods industry of Romania saw two entrepreneurs score a victory against the government for cancellation of fiscal incentives, an important investmen...
How GSK Decided To Give Up Its Plant In Brasov
The announcement of British drugmaker GlaxoSmithKline (GSK) about giving up its Europharm plant in Brasov, central Romania, came as a shock to the pharmaceutical industry this summer.
OMV Petrom Wants To Replace Natural Gas Processing Plants For Up To EUR260M
Romania’s largest oil and gas producer OMV Petrom (SNP.RO) is looking to award a EUR64 million contract for the replacement of two natural gas processing plants.
Green Glass Opens Glass Recycling Plant In Popesti-Leordeni
Company Green Glass, part of Green Group, will open a glass recycling plant in southern Romania Thursday, following an investment worth EUR4 million.