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Articles - factories

Liberty Steel plans investments of 200 million euros in its Romanian factory in Galaţi

Liberty Steel intends to invest 400 million euros in the seven steel factories bought from ArcelorMittal, out of which half would go to the Galati factory, Bloomberg writes.

ROCA becomes majority shareholder SC Electroplast SA, a Romanian brand with more than 25 years

ROCA, the first investment and management platform dedicated to Romanian companies, has become the largest shareholder of SC Electroplast SA, a Romanian brand with a tradition of more than 25 years, being among the top 10 cable manufacturers and leader in the power cable for railway infrastructure market.

RENAULT Romania announces an investment of 100 million euros for Dacia factory

Dacia, the largest company in Romania, is preparing new models, according to Christophe Dridi, general manager of Automobile Dacia and Groupe Renault Romania, who emphasized that from September 2020 will increase the production of the factory to 400,000 cars, by investing 100 million euros.

Delphi Technologies will relocate some of the UK production to Romania

London-based Delphi Technologies, a provider of advanced propulsion solutions for automotive manufacturers, is transferring part of the Sudbury (UK) plant to Iaşi.

Nestlé will close its factory in Timisoara in 2019

The Nestlé factory, which claimed one of the oldest large foreign investments in Timisoara, will be closed by the end of May, 2019.

The Europharm medicines factory in Braşov restarted production, run by two local investors

The brothers Attila Santa and Nandor Santa, who took over at the end of 2017 the Europharm medicines factory in Braşov, closed in December 2015 by the British at GlaxoSmithKline (GSK), started production and are selling to pharmaceutical companies in the EU, but also to extra-community customers.

American company Transcendia buys a plastic packaging factory near Bucharest

The American company Transcendia, a supplier of plastic packaging, acquired the Romanian manufacturer Industrial Mecano Import Export (IME) of packaging systems and materials, a move that strengthens its position on the packaging segment for the food industry.

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.

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