Minebea, a Japanese automotive industry supplier, will invest EUR 60 million in a new factory in the city of Kosice, Eastern Slovakia. The investment may increase to EUR 100 million and may also include a research & development center, if all goes well.
Ford Trucks entered the Romanian market through an exclusive partnership with Cefin Trucks, which was named exclusive importer and distributor. In 2017 Cefin Trucks plans to sell 185 new Ford Trucks units, and estimates a sales figure of 300 units in 2018.
Logistics service provider The Wim Bosman Group officially announced that the organisation is going to change its name to Mainfreight as of December 2016. For the first 9 months of 2016 Mainfreight Romania posted a turnover of 52 million RON, up by 13 percent year-on-year and doubling the profit achieved in the same period.
Seven major infrastructure projects, which Romania should have completed during the 2007-2013 financing period, have received the greenlight from Brussels to continue receiving funds from the new EU budget so they can be completed.
Saint-Gobain, the France-based producer, processor and distributor of construction and high-performance materials and packaging, has taken over Romanian company Pietta Glass for an undisclosed sum.
The construction works for the 3 km of highway A3 Bucharest-Ploiesti, in Petricani area, are developing according to the execution program and will be finished at the end of the year, if the weather won’t be very bad in the next period, said on Tuesday the head of the National Administration Company of Road Infrastructure (CNAIR), Catalin Homor, according to Agerpres.
German group Braas Monier, which owns the Sibiu-based roof tile producer Bramac Sibiu, has completed the acquisition of a tile factory owned by Craiova-based Elpreco.
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