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Articles - industry investments

British American Tobacco to Invest EUR 60 Million in Romanian Factory

British American Tobacco, Romania's largest cigarette maker, announces that in 2017 the value of the investments made at the Ploiesti factory will be triple compared to the estimates announced at the end of last year. Investments will reach 60 million Euros.

Blachotrapez to Open a New Production Facility in Baia Mare

Blachotrapez, the leader of the Polish metal roofing market, with the largest retail network in this country, plans to expand this year with a new production facility, to be built next to the Baia Mare factory, with an investment of 800,000 Euros.

German Reiffs inaugurated a sealing system factory in Săcele

Germany's Reiff Elastomertechnik (RET), a Reiff group company, has recently opned a factory within the Electroprecizia Industrial Park. The Germans rented a 3,250 square metres facility, employing 100 people.

Kronospan Invested 10 Million Euros in Romanian Factory from Sebeş

The Kronospan wood chip maker inaugurated an investment of EUR 10 million in a modernized wood lamination line at its Sebeş factory.

American Company Timken Invested $ 60 Million In The New Bearing Factory In Ploiesti

American company Timken invested 60 million dollars in its second factory in Ploiesti, Romania, where 120 people will work, said Andreas Roellgen, vice president of Timken Europe, Asia and Africa.

Italian Prysmian Invested EUR 22 Million in Slatina Factory

Italian company Prysmian, active in the cable and power and telecommunication systems industry, will inaugurate next week in Slatina the second optic fibre cable factory in Romania.

Michelin announces investments of 33 million Euros in Zalau tires factory

The French group Michelin, which has invested over 400 million Euros in Romania, announces a new investment project for its Zalau factory. These are investments of 33 million Euros that will allow the production of new tire models for the intermediate market segment and will lead to the employment of 100 people by 2021.

Japanese Manufacturer Calsonic Kansei Builds New Factory In Romania To Relocate Production from Asia

Calsonic Kansei, one of the leading automotive components suppliers, will build a new factory in Romania in 2018 where it will create 370 new jobs and transfer its production from Asia, according to the Ministry of Business, Commerce and Entrepreneurship.

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