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Continental invests EUR 12 million in Timişoara factory expansion

Electronic auto parts factory Continental in Timişoara will invest EUR 12 million in the expansion of its facility with more than 7,000 sq. m. of warehouses, offices and social areas.

Electromontaj Sibiu puts on sale eight properties in Romania, due to losses

Electromontaj Carpaţi Sibiu (ELJA), a company in the field of energy constructions, sapproved the sale of eight properties in Romania, the decision being taken considering the company’s economic-financial situation.

Fiat Chrysler Automobiles is interested in a partnership with Uzina Mecanica Bucuresti

The Fiat Chrysler Automobiles, owner of the Jeep brand, is interested in a partnership with Uzina Mecanica Bucuresti (Bucharest Mechanical Plant, UMB), a subsidiary of the state-owned military technique company ROMARM. A preliminary meeting in this respect took place on Tuesday in Bucharest.

Ford should think about electric cars investment in Romania, suggests PM Ciolos

Romanian PM Dacian Ciolos has invited US car maker Ford to expand its investments in Craiova, suggesting that innovative production facilities could be hosted in the country.

Lidl puts on sale plots of 6.5 ha in large and medium cities in Romania

German retailer Lidl, present on the local market with nearly 200 discount stores, put on sale 14 plots of land in large and medium cities in Romania, with a total area exceeding 65,000 sq. m. For an average price of EUR 100/sq.m, the company could cash EUR 6.5 million.

Whiteland Logistics ended last year with more than EUR 11 million turnover in Romania

Whiteland Logistics registered last year businesses of EUR 11.3 million (50.2 million lei), up from 43.6 million lei, according to data from the Ministry of Finance.

Romanian door producer closes down factory

Local timber door producer MTI Impex will close down its factory in Ghimbav, Brasov county. The factory has about 120 employees.

Appliance producer Arctic ups turnover by 18% in Romania

Arctic, the largest home appliance producer in Romania, recorded a turnover of EUR 396 million last year, up by 17.7% over 2014.

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