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Articles - industry investments

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.

Britain’s Faist considers investment in a new factory in Romania, Slovakia, Poland or Hungary

British group Faist, one of the suppliers of Nokia Siemens Network and Ericsson Network, which entered Romanian market in 2015 with factories in Bihor and Arges, considers Romania for the development of a new production facility.

ArcelorMittal will continue to invest in steel production in Galati

ArcelorMittal will continue to invest in the production of steel in the Galati plant, after investing EUR 400 million from date to present, Indian billionaire Lakshmi Mittal said in a letter addressed to the plant’s employees.

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