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Articles - factories

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.

Austrian group Voestalpine has bought the majority stake of a local company of a German group with factories in Romania

The Austrian group Voestalpine bought the majority stake in Travertec Buzau, a subsidiary of German Rail.One, with a turnover of almost 10 million lei last year.

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.

Auto parts producer TRW Automotive to close factory in Baia Mare, Romania

The auto parts factory in Baia Mare of the American manufacturer TRW Automotive is about to shut down its production and the staff will be sent to unemployment.

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.

Continental Expands its Factory in Timisoara

Electronic parts factory if Continental group in Timisoara was recently expanded with a new area for the warehouse (5,000 sqm) and a new office building of more than 2,200 sqm.

Brasov factory to deliver 100 trucks in Taiwan

Brasov-based truck producer Roman SA has concluded a EUR 12 million contract to deliver 100 trucks in Taiwan.

Romanian bricks manufacturer Cemacon records best year in its existence

Bricks manufacturer Cemacon Cluj-Napoca (CEON) recorded a turnover of EUR 19.2 million in 2016, up 28% over the previous year, and its net profit grew from EUR 150,500 to EUR 1.1 million.

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