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Articles - industry investments

The most modern testing center of the Continental company was opened in Brasov

Continental, one of the most important international suppliers of automotive components and the main tire manufacturer in the world, has opened on Tuesday, in Brasov, a new research and development center in Romania, with an investment of EUR 6 million.

Swiss group opens sensors factory in Romania’s Sibiu

Swiss group Polycontact opened a new sensors factory in Ocna Sibiului, Sibiu county.

German group Leoni plans to invest in new factory in Romania

German group Leoni plans to invest in a new factory in Suceava, northern Romania, said the deputy mayor of Suceava, Marian Andronache. The plant will create 1,000 jobs, 70% of which will be for women, according to local website Suceava News.

Chinese firm plans USD 30 mln plant investment in Brasov for car parts maker

The company Ningbo HuaXiang Electronic Co Ltd from China, which is active in the cars components field, will invest USD 30 million in Brasov, in a new production hall, which will manufacture spare parts and accessories for German Mercedes cars.

Agricola Bacau has invested EUR 5 mln for production expansion at its plant

Salbac company, part of the Agricola Bacau group, will expand its production capacity for crude-dry salami with almost 1,000 tonnes until 2020, after launching a new production unit on Thursday, following an investments of EUR 5 million.

Zewa to build a factory with EUR 21 million in Prahova

Swedish group Zewa, one of the well-known paper manufacturers worldwide, a giant with EUR 12 billion business and 50,000 employees, plans the development of a factory in Romania, in Păuleşti, Prahova county, a project with a value of nearly EUR 21 million.

Faurecia opens in Ramnicu Valcea seat covers factory after EUR 12 mln investment

Faurecia opened in Ramnicu Valcea a plant for automotive seat covers that is expected to equip with upholsteries 280,000 cars in 2016 only. The factory, representing an EUR 12 million investment, became the company’s fourth in Romania, alongside those in Talmaciu (Automotive Seating, covers), Craiova (Emissions Control Technologies) and Pitesti (Interior Systems).

GreenFiber International to invest EUR 35 million in third production unit of synthetic fiber

GreenFiber International, part of the recycling group Green Group, will invest EUR 35 million in its third production unit of synthetic fiber made 100 percent from recycled material.

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