Building on the tradition of previous events in the Country Focus series, Business Review is organizing the first edition of Polish Investors Forum, on October 3rd at the Hilton Athenee Palace Hotel.
The company Ningbo HuaXiang Electronic Co Ltd from China, which is active in the cars components field, will invest USD 30 million in Brasov, in a new production hall, which will manufacture spare parts and accessories for German Mercedes cars.
Salbac company, part of the Agricola Bacau group, will expand its production capacity for crude-dry salami with almost 1,000 tonnes until 2020, after launching a new production unit on Thursday, following an investments of EUR 5 million.
CTP’s portfolio of A-class industrial properties exceeds 500,000 square meters in Romania and the company is planning to extend the portfolio to 1 million sqm by 2018. CTP has made local investments worth over EUR 250 million.
Romania’s car market saw an annual growth of 68.6% in August, the highest increase in Europe. Over 12,400 passenger cars were registered in Romania in August, compared to only 7,300 units in the same month last year.
Scandia Sibiu, one of the largest meat and vegetables cans manufacturers, bought the company Rotina Product, owner of a cannery in Hunedoara, according to official data.
Prodplast (PPL), a company manufacturing plastic products, controlled by Pogonaru family, will buy plots of land with a total area of more than 34,000 sq. m and production facilities with a total area of more than 17,000 sq. m, shows a stock exchange report.
Swedish group Zewa, one of the well-known paper manufacturers worldwide, a giant with EUR 12 billion business and 50,000 employees, plans the development of a factory in Romania, in Păuleşti, Prahova county, a project with a value of nearly EUR 21 million.
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