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Articles - fabrici

Volkswagen chose Turkey for the new factory, to the detriment of Romania and Bulgaria

Volkswagen AG is preparing to make a major investment in Turkey as part of the expansion plan in Eastern Europe, chosing between the possible destinations for a new factory previously announced to be Romania, Bulgaria and Turkey.

Saint-Gobain reopens the glass fiber mineral wool factory in Ploiesti

The group resumed production in August at the glass fiber mineral wool line at the Isover plant in Ploiesti, following an investment of € 5 million in modernization, after it was closed in the end of 2015.

An American company will produce auto lighting components in Timisoara

An important American company active in the field of auto parts production, Varroc Lighting Systems, entered Timisoara after signing a collaboration agreement with a well-known Romanian company in the field of lighting solutions for motor vehicles, ELBA.

Bosch Group to invest EUR 7 million in office building within its Blaj factory in Romania

Bosch started construction work at a new administrative building at the Blaj plant in Alba County. The necessary investment amounts to over seven million euros.

Invetment fund Advent to buy Zentiva

Sanofi is in exclusive negotiations with the international investment fund Advent to sell its European generic drug division Zentiva, including operations in Romania (formerly Sicomed) for 1.9 billion euros, according to a company announcement.

ArcelorMittal Galati invests EUR 15 million in new production line

Steel producer ArcelorMittal Galati, the largest steel mill in Romania, will invest EUR 15 million in a new production line.

Chinese group to buy meat producers from Romania

Chinese group WH will acquire two Romanian companies producing and selling cold meats- Elit SRL and Vericom SRL - the value of the transaction is not published, Reuters reports.

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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