manufacturing
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BCR Romania Manufacturing PMI Over 50 Points For First Time
The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, reached more than 50 points in April, which cou...
Stada Romania Set to Produce First Drug Box in October
Germany’s Stada, which is building a drug plant in Turda, Cluj county, will manufacture the first drug box this October in the new unit.
Bicycle Manufacturer Eurosport DHS Posts EUR108.8M Revenue In 2022
Bicycle manufacturer Eurosport DHS, held by Chinese and German investors, posted RON536.8 million (EUR108.8 million) in 2022, up more than 38% from the previous year’s RON388.6 million (EUR7...
Diehl Controls to Invest EUR40M in Production Facility and R&D Center in Brasov
Diehl Controls, a German manufacturer of components for household appliances, will invest around EUR40 million over the next ten years in an R&D center and production facility to be develope...
H&M Now Works with Only Five Suppliers in Romania
Sweden’s fashion group H&M has only five direct suppliers in Romania left - Artifex, CB Pelletterie, Formens, Pandora Prod and Simiz Fashion, the retailer said.
With the Arrival of Germany’s Corratec, Timisoara Is Shaping Up to Become Bicycle Making Hub
Germany’s Corratec group will start manufacturing bicycles in Timisoara in 2022, where it wants to employ 300 people within two years. The group will assemble 300,000 vehicles a year here.
Textile Maker Time International Switches to Masks
Time International, which had production facilities in Alexandria, Teleorman County in southern Romania, has switched to masks from textile production, the industry it started in 27 years ag...
Automotive Component Manufacturer VCST Alba Revenue Down 18% in 2020
Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgium’s BMT group, posted RON122.4 million (EUR25.4 million) revenue in 2020, a decline of 18% fr...
Six Home Appliances Investment Projects Got EUR100M State Aid in Last Five Years
Romania’s government has granted some EUR100 million worth of state aid for six home appliances industry investment projects in the last five years. The investments stand at more than EUR210...