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Italian Group De Longhi Might Replace Nokia At Jucu
Retail&Consumer

Italian Group De Longhi Might Replace Nokia At Jucu

Italian home appliances manufacturer De Longhi, with global revenues of over EUR1.6 billion and 7,083 employees in 2010, is in advanced talks with representatives of the Cluj County Council...

Laurențiu Cotu · 23.01.2012 · 00:00 · 2 min
Renault Pits Dacia’s Mioveni Plant Against Morocco Factory
Automotive

Renault Pits Dacia’s Mioveni Plant Against Morocco Factory

Once the third Dacia plant, complementing the facilities in Mioveni, near Pitesti (southern Romania) and Somaca, Morocco, starts working, Renault plans to launch an “internal competition” am...

Bogdan Alecu · 21.12.2011 · 00:00 · 3 min
Baumit Considers Building New Plant Over Next Few Years
Companies

Baumit Considers Building New Plant Over Next Few Years

Construction materials producer Baumit Romania, part of Austrian group Schmid Industrie Holding, is considering building a new dry mortars plant with a capacity of 300,000 tons, after last y...

Andreea Neferu · 08.12.2011 · 00:00 · 2 min
Automotive

U.S. Car System Supplier TRW Automotive To Open New Plant In Romania

U.S. car equipment producer TRW Automotive will open a plant in Bihor county, northwestern Romania, to produce leather steering wheel covers, company representatives told MEDIAFAX Wednesday.

Ioana Tudor · 16.11.2011 · 16:22 · 1 min
Philips’ Exports Of Espresso Machines Produced In Romania Stood At EUR47M Last Year
Companies

Philips’ Exports Of Espresso Machines Produced In Romania Stood At EUR47M Last Year

Dutch giant Philips owns a fully automatic espresso machine plant in Orastie, western Romania, which reached nearly 200 million lei (around EUR46.3 million) in turnover last year, double as...

Cristina Roșca · 01.11.2011 · 00:00 · 3 min
Automotive

Italian Farm Machinery Producer Maschio Gaspardo Opens New Production Unit In W Romania

Italian group Maschio Gaspardo on Friday opened a new farm equipment production unit in Chisineu-Cris, Arad county, western Romania, following a EUR5 million investment.

Ioana Tudor · 21.10.2011 · 13:53 · 1 min
Fresh Start For Timpuri Noi In New Location Near Bucharest After EUR10M Investment
Companies

Fresh Start For Timpuri Noi In New Location Near Bucharest After EUR10M Investment

Timpuri Noi, one of the symbols of the Bucharest industry, has recently inaugurated its new plant in Jilava, near the capital city, in which it invested almost EUR10 million.

Adrian Cojocar · 14.10.2011 · 00:00 · 2 min
Nokia Paid Less Than The Expected EUR100M In Taxes
Technology &Telecoms

Nokia Paid Less Than The Expected EUR100M In Taxes

Nokia paid EUR24 million in taxes to Romania's budget in 2009, and over EUR25 million in 2010, according to Viorel Gavrea, general manager of Tetarom, the industrial park where the Nokia pla...

Andrei Cîrchelan · 03.10.2011 · 00:33 · 1 min
Social/Politics

Romanian Nokia Employees Concerned About Future After Plant Shutdown

The employees of Nokia’s plant in Jucu, Romania, who have been informed they will be made redundant by the end of the year, said they are concerned about the future and hope the severance pa...

Ioana Tudor · 29.09.2011 · 15:05 · 1 min