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Spanish car parts producer Antolin to build a factory in Sibiu

Grupo Antolin from Spain, producer of lighting parts for cars in Sibiu, Romania, will expand this year its operations in Romania through Greenfield investment, with a new factory on 13,000 sq. m near the existing unit.

Cargill put on sale the land and constructions in Podari

Cargill Oils, part of Cargill group, will put on sale the land and constructions of the former oil factory in Podari, Cluj district, following the selling last year of the equipments and trademarks.

Rus-Savitar invested EUR 5 million in their factory

The furniture manufacturer Rus-Savitar, owned by Rusu family, completed an investment exceeding EUR 5 million in the extension and rehabilitation of the furniture factory in Dudeştii Noi, Timiş county.

Romania, possible location for hydraulic cylinder plant

Parker Hannifin Manufacturing British company could build in Romania, in Cluj-Napoca Municipality (central-western Romania), a hydraulic cylinder plant. Company representatives are going to this area, where they will meet the County Council leadership and pay a visit to the technology park in the city, as well as the Tetrarom Industrial Park of Jucu Commune, Agerpres reports.

CE Oltenia borrows EUR 193 M to modernize production group

James Hyslop, Director in EBRD, says the energy group will be one of the most modern and efficient in Southeastern Europe.

Jaeggi Industries invests EUR 20 M at Sibiu

Swiss producer of electronic appliances components Jaeggi Industries is to invest about EUR 20 million in a production unit in Cristian town, Sibiu County, reports zf.ro.

Die Welt: The future of German automobiles is in Romania

Arnold Klingeis, mayor of Avrig, spoke in an article for financiarul.ro about the good cooperation between Romanian and German entrepreneurs, bringing the arguments of the common past of Romanians and Germans in Transylvania. “A mayor of German origin is important for German investors,” believes also the director of the Economic Forum of Germans in Transylvania (DWS), Jorg Prohaszka. Romania’s image is still often exclusively associated with poverty and corruption, believes Die Welt, which however believes that the future of German automobiles is in Romania.

Euroccoper turnover, up 40 pc in 2013

Euroccoper, a company with Italian capital and operations in international transportation and customs commissioning, registered last year a turnover of EUR 4.6 M, representing a 40 per cent advance against 2012, bursa.ro reports.
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