Spanish company Sustainable Waste Treatment S.L. (SWT) has signed a partnership with Tecuci City Hall for the development of a sorting and treatment factory for the city’s waste, a project which reaches EUR 25 million investments and will create 35 new jobs.
Auto parts manufacturer Sews rented 3,000 sq. m on the platform of the former Heineken beer factory in Haţeg, Hunedoara county, producing cables for Renault and Mercedes groups, with 320 employees, according to Cornel Gărdean, the landlord of the platform where the beer factory was active until 2010.
Immofinanz has increased the capital of its companies in Romania, vehicles of the logistics assets or projects. The operation was part of the preparation of the companies for the sale to Logicor, a Blackstone subsidiary.
Alro posted an adjusted net profit of RON 41 million during the first three months of the year, almost double over the results registered in Q1 2015, according to its financial results. However, there was a slight decrease in turnover from RON 598 million to RON 564 million.
The Procter&Gamble manufacturing plant in Urlati, recently nominated “The best P&G plant in Europe in 2015,” supplies hair care products, such as Head&Shoulders and Pantene, to well over one billion consumers in over 40 countries in Europe, Turkey, Israel, Central Asia and the Caucasus.
The growth rate recorded in the six EU member states from Central and Eastern Europe slowed down in the first quarter, except for Romania, in conditions when household expenses could not compensate for dropping community funds and lower export demand, according to Bloomberg economists.
Natural spring water manufacturer Calipso has completed recently an investment of EUR two million in the expansion and modernization of the production and bottling capacities of the factory in Afumati, Ilfov county. Following the investment, the producer aims for 50 pct. sales increase.
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