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Articles - industry investments

Dräxlmaier expands production in its Braşov, Hunedoara and Piteşti factories

German auto parts manufacturer Dräxlmaier, with global turnover of 3.7 billion Euros and more than 55,000 employees, including nearly 15,000 working in factories in Romania, is currently undergoing a production expansion process of the production in its factories from Braşov, Hunedoara and Piteşti.

Romania loses EUR 60 mln investment to Slovakia

Minebea, a Japanese automotive industry supplier, will invest EUR 60 million in a new factory in the city of Kosice, Eastern Slovakia. The investment may increase to EUR 100 million and may also include a research & development center, if all goes well.

Rheinmetall and Romanian factory to make military vehicle in joint venture

German technology group Rheinmetall, which is also active in the defense sector, will create a joint venture with Romanian Moreni Auto Mechanics Plant, part of state-owned ROMARM, for the construction of a 8×8 transport carrier.

Turkish company Nurol Makina plans to make military vehicles in collaboration with Romanian firms

The Turkish company Nurol Makina plans to produce 4×4 bullet-proof vehicles in Romania for the defence industry, the value of investment being at least EUR 15 million.

Cold cuts producer Meda Prod to invest 3 mil. € in new factory

Cold cuts producer Meda Prod 98 from Bucharest, one of the largest players in the market, expands with a new production unit, investment estimated at nearly EUR 3 million, planned before the economic crises.

Cold cuts producer Zimbria to build factory in Galaţi, EUR 1 million investment

Cold cuts and cheese producer Zimbira, a business of nearly EUR 1 million, present on the market in five stores in Brăila, Galaţi and Bucharest, plans to open a factory with European funds, with a production capacity of two tonnes per day, according to the company’s representative.

British company GTK opens cables factory in Craiova

British company GTK announced the opening of a cables production unit in Craiova, the only factory of the company in Romania and the first outside Great Britain.

Olympus milk factory in Romania works at 60 percent of total capacity

Dairy maker Olympus uses its milk factory from Halchiu, Brasov, at 60 percent of its total capacity, since opening it five years ago.

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