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Simtel Team Signs RON66.5M Contract For Photovoltaic Power Plant
Capital Market

Simtel Team Signs RON66.5M Contract For Photovoltaic Power Plant

Engineering and technology company Simtel Team (SMTL.RO, the national leader in the field of renewable energy, signed a RON66.5 million contract (excluding VAT) with a metallurgical industry...

Loredana Frățilă-Cristescu · 23.07.2024 · 21:23 · 1 min
Tosmur Group’s Starch Plant In Medgidia Expects 5% Higher Revenue In 2024
Companies

Tosmur Group’s Starch Plant In Medgidia Expects 5% Higher Revenue In 2024

The starch factory in Medgidia, inaugurated by the Türkiye’s Tosmur Group in 2022, expects its revenue to grow by 5% this year, after having overshot the EUR100 million mark last year, with...

Loredana Frățilă-Cristescu · 22.07.2024 · 10:00 · 1 min
Rompetrol Rafinare Retools Hydrogen Power Plant At Petromidia Refinery
Capital Market

Rompetrol Rafinare Retools Hydrogen Power Plant At Petromidia Refinery

Rompetrol Rafinare (RRC.RO), a member of the KMG International Group (Rompetrol), has retooled the hydrogen power plant (HPP) in the Petromidia refinery, following an about $10 million inves...

Loredana Frățilă-Cristescu · 25.06.2024 · 19:54 · 1 min
Lactalis Closes Dairy Plant In Miercurea Ciuc
Companies

Lactalis Closes Dairy Plant In Miercurea Ciuc

Lactalis Romania group has started the procedures to close the plant in Miercurea Ciuc it got together with Covalact in 2016, but announced investments in the remaining facilities – Oiejdea,...

Loredana Frățilă-Cristescu · 14.06.2024 · 17:30 · 1 min
Italy’s Artsana Closes Apparel Factory In Romania
Companies

Italy’s Artsana Closes Apparel Factory In Romania

Italian group Artsana, which manufactures children's textiles in Botosani under brands such as Chicco and Prenatal, is planning to close its factory in Romania, market sources told ZF.

Loredana Frățilă-Cristescu · 23.05.2024 · 00:00 · 1 min
Leoni Closes Ludus Plant In Romania
Automotive

Leoni Closes Ludus Plant In Romania

Leoni Group, which produces wiring harnesses for the automotive industry and employs 12,000 people in several factories in Romania, has announced that it will close its factory in Ludus, Mur...

Loredana Frățilă-Cristescu · 02.05.2024 · 22:48 · 1 min
C&A Only Works With Five Apparel Plants In Romania Now
Companies

C&A Only Works With Five Apparel Plants In Romania Now

Fashion group C&A, which has over 1,300 stores in 17 countries around the world, is still working with only five partner factories in Romania that make clothes for the Dutch brand. The numbe...

Loredana Frățilă-Cristescu · 23.02.2024 · 11:41 · 1 min
PET Flakes Plant Professional Recycle Invests EUR20M To Triple Production Capacity
Companies

PET Flakes Plant Professional Recycle Invests EUR20M To Triple Production Capacity

PET flakes plant Professional Recycle in Targu-Mures will triple its production capacity this year, following an investment of EUR20 million euros, its officials say.

Loredana Frățilă-Cristescu · 31.01.2024 · 23:27 · 1 min
Belgium’s Piping Logistics To Begin Production Near Timisoara In February
Companies

Belgium’s Piping Logistics To Begin Production Near Timisoara In February

Piping Logistics, a Belgian manufacturer of components for ventilation systems, will start production in a factory it operates near Timisoara in the first part of February. The opening was o...

Loredana Frățilă-Cristescu · 31.01.2024 · 22:28 · 1 min