Nestle, one of the world’s largest food producers, invested in Romania more than EUR 10 million in the development of the factory in Timisoara, since the takeover of Joe in 2001, amount which does not include the acquisition value of the facility in Western Romania.
An industrial park could develop on the place of the former military unit in Râmnicu Sărat, following a common project of the city Hall and the Local Council.
Transportation Minister Dan Sova said yesterday during a press conference held at the Iasi City Hall that the construction of the Ungheni-Iasi-Targu Neamt that will connect Moldavia (North-east Romania) and Transylvania (North-west Romania) will begin in the fall of 2015 and might be completed late in 2017.
Recently, German technology group Bosch opened in Cluj its second production unit in Romania, dedicated to manufacturing car parts. More precisely, the company will produce in Cluj electronic parts and control devices for the car industry.
The Tetarom I industrial park in Cluj-Napoca will be expanded with an additional 12 hectares, following an investment of RON 42 million, plus VAT, writes Agerpres newswire.
The company Meridian Auto, distributor on the local market for Dacia and Renault, has invested EUR 4.5 – 5 million in a new auto complex for the two brands, situated in Pipera, in Norhthern Bucharest, according to the executive manager of the auto centre Meridian Vest, Cătălin Boteanu.
A Greenfield investment of over EUR 1.5 million, made by the German company Stanzwerk Wetter AG, for the manufacturing of furniture components was inaugurated on Tuesday in Arad’s city Ineu.
"Last week the feasibility study for the express road has started. We began to identify the route and the necessary data for the express road. Due to expropriations, the works will start in two years ", has declared Horia Teodorescu, al Council during the inaugural flight Bucharest-Tulcea of the airline Fly Romania.
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