Articles - industry investments

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.