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Articles - fabrici

Cold cuts producer Meda Prod to invest 3 mil. € in new factory

Cold cuts producer Meda Prod 98 from Bucharest, one of the largest players in the market, expands with a new production unit, investment estimated at nearly EUR 3 million, planned before the economic crises.

Romanian cable manufacturer Romcab doubles profit

Romanian cable manufacturer Romcab Targu Mures recorded a net profit of EUR 8.7 million in the first nine months of the year, double the profit recorded in the same period last year.

Albalact Group’s consolidated revenue up by 17pct. to RON 366.9 mln in the first nine months

Albalact Group, part of the Lactalis, the international dairy group, closes the third quarter of the year with a growth of 17.29 percent in the net revenue, to RON 366.98 million, compared to the one registered in the same period of 2015.

Olympus milk factory in Romania works at 60 percent of total capacity

Dairy maker Olympus uses its milk factory from Halchiu, Brasov, at 60 percent of its total capacity, since opening it five years ago.

US group buys Romanian paint producer with EUR 40-50 million

US group PPG, a global leader in the sector of varnish and paint, with EUR 15 billion in sales last year, has bought the local firm Deutek Bucuresti, one of the biggest paint producers in the Romanian market, in a deal estimated at EUR 40-50 million, according to market sources.

Renault group stays in Romania, despite highways delays

The Renault group will not leave Romania, even if the country still lacks a highway which connects the Constanta port to the western part of Romania, said Nicolas Maure, CEO of Dacia, part of the Renault Group.

DeLonghi to hire 170 people for its Jucu factory in Cluj county

Electrical appliance producer DeLonghi is planning on hiring 170 people for its factory in Jucu, Cluj county. For this purpose, the Italian company will hold a recruitment session on Wednesday.

ArcelorMittal, Romania’s largest steel plant targets higher output next year following investments

ArcelorMittal Galati, Romania’s largest steel plant, which is part of ArcelorMittal group, is targeting a 15% output increase for 2015, following major technical upgrades of its production flow, the company announced.

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