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Articles

The Former Mondelez Chocolate Factory In Brasov Is Again Up For Sale

The American group Mondelez, which no longer has production in Romania, is preparing the sale of the former Poiana Brasov chocolate factory again, trying to get at least 2 million Euros.

Coca-Cola to Invest EUR 7 Million in its Timisoara Factory

Coca-Cola HBC Romania, the largest beverage company in the country, recently inaugurated the latest investment worth 7 million Euros: a high-speed production line for bottling in the Timisoara plant.

British American Tobacco to Invest EUR 60 Million in Romanian Factory

British American Tobacco, Romania's largest cigarette maker, announces that in 2017 the value of the investments made at the Ploiesti factory will be triple compared to the estimates announced at the end of last year. Investments will reach 60 million Euros.

Local Businesses - Interview with Bogdan Bădiță, Chircu Prod-Impex SRL, Ploiești

Industrial market in Bucharest has increased ten times in the last 13 years, according to real estate pundits, being also followed by the impressive growth of the industrial regional hubs in the country, mainly Timisoara, Ploiesti and Cluj-Napoca. In the end of the first half of 2016, the modern stock of industrial and logistics spaces outside Bucharest exceeded Bucharest stock with nearly 30 pct., showed a study published by DTZ. Ploiesti registered the third industrial area in Romania, more than 250,000 square metres of industrial space, being only exceeded by Bucharest and Timisoara.

Blachotrapez to Open a New Production Facility in Baia Mare

Blachotrapez, the leader of the Polish metal roofing market, with the largest retail network in this country, plans to expand this year with a new production facility, to be built next to the Baia Mare factory, with an investment of 800,000 Euros.

German Reiffs inaugurated a sealing system factory in Săcele

Germany's Reiff Elastomertechnik (RET), a Reiff group company, has recently opned a factory within the Electroprecizia Industrial Park. The Germans rented a 3,250 square metres facility, employing 100 people.

Alpla Plastic Srl To Acquire Assets Of Amraz Romania

The Competition Council analyzes the transaction by which the PET production and sale division of Amraz Romania SRL is taken over by ALPLA Plastic SRL.

Japanese manufacturer Takata, with 3 factories in Romania, goes bankrupt

Japanese company Takata Corp, which has three factories in Romania, will file for bankruptcy next week, as it seeks to reach a financial deal with Key Safety System manufacturer, according to sources quoted by Reuters.

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