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Three large home appliances producers announced EUR 160 million investments and 3,500 new jobs in Romania

Three large home appliances producers announced EUR 160 million investments and 3,500 new jobs in Romania

De’Longhi (Italy), Kärcher (Germany) and Arcelik (Turkey) are opening the market for the development in Romania of a new industrial sector: home appliances manufacture.

Owner of Romanian BCR lends EUR 91 mln to US group Blackstone

Owner of Romanian BCR lends EUR 91 mln to US group Blackstone

Austrian group Erste Group, which owns the local lender BCR, has granted a loan of EUR 91 million to the US group Blackstone to help it finance the acquisition of 12 logistics projects in Central and Eastern Europe from Austrian real estate group Immofinanz.

WDP bought a warehouse in Clinceni and took EUR 25 million loan for Romania

WDP bought a warehouse in Clinceni and took EUR 25 million loan for Romania

Warehouse & Distribution De Pauw (WDP), controlled by one of the richest families in Belgium, bought a warehouse and office facility of 10,000 sq. m situated in Clinceni in western Bucharest, for EUR 5 million. The space will be leased to Quehenberger Logistics.

Turkish ETI invested EUR 22 million in Craiova factory and still has 40 pct. of the project to be completed

Turkish ETI invested EUR 22 million in Craiova factory and still has 40 pct. of the project to be completed

Turkish group ETI, which has an ongoing investment of nearly EUR 40 million in Craiova, has completed by the end of last year 57 pct. of the project and invested EUR 22 million, according to data from the Ministry of Finance.

Romanian company builds electric scooter factory in Craiova

Romanian company builds electric scooter factory in Craiova

Local company Nextrom Industries will build an electric scooter factory in Craiova, Romania, this year, following a EUR 5 million investment.

Arctic to build factory in Romania if it gets state aid

Arctic to build factory in Romania if it gets state aid

Arctic Gaesti, the largest producer of home appliances in Romania, will build a washing machine factory in Gaesti, Dambovita county, with EUR 100 million, but only if it receives a EUR 37.5 million state aid, according to a company’s document.

US group Timken to invest EUR 54 million in its factory near Ploiesti, Romania

US group Timken to invest EUR 54 million in its factory near Ploiesti, Romania

US group Timken will invest EUR 54 million in its new auto parts factory in Ariceștii Rahtivani near Ploiesti, a project receiving EUR 15 million state aid.

Romania grants EUR 83 mln state aid to eight producers

Romania grants EUR 83 mln state aid to eight producers

Eight companies in the manufacturing industry have ongoing investments of about EUR 170 million in setting up new plants or expanding their operations in Romania.

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