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Articles - industry investments

Renault has invested EUR 2.4 bln in Romania, plans to continue

Car maker Renault has invested EUR 2.4 billion in Romania until now and there are already new investments planned for the following years for the modernization and renewal of the products range, said on Thursday the Dacia GM, Yves Caracatzanis, according to Agerpres.

Three Romanian investors put EUR 5 mln in mineral water factory

Three local investors have inaugurated a new mineral water factory in Ocna de Fier, Caras-Severin county. The project has required a EUR 5 million investment, reports local Profit.ro.

Tecar and investment fund Abris Capital to start EUR 20 million factory in Dej

Ioan Tecar signed last year with the investment fund Abris Capital one of the largest transactions signed in 2015 by a Romanian entrepreneur.

British group with businesses exceeding ERU 100 million to open a factory in Bihor, Romania

Flying Trade Group, a food industry group from Great Britain, also active in the hotel and restaurants segment, intends to get state aid of EUR 6.8 million for the opening of a factory in Bihor county, aiming to recruit 244 people.

Arab group builds oil recycling plant in Romania with EUR 56 mln

The group Chemie-Tech DMCC from the United Arab Emirates will invest EUR 56 million in a plant that recycles the oil used in the automotive industry. The plant will be located in Oltenita, Calarasi County.

A third of the employees of the top 100 companies in Romania work in automotive industry

One in three employees of the top 100 largest employers in the economy works for a company in the automotive industry.

German luxury appliance producer invests EUR 10 mln in Romanian plant

German luxury appliance manufacturer Miele plans to expand its electronic component factory in Brasov, Romania. The investment is estimated at EUR 10 million, and will be carried out in the next two years.

Alro invests USD 53 mln in increasing energy and equipment efficiency

Alro, the largest aluminium producer in Continental Europe (excluding Russia and Scandinavia) has an investment program of over USD 53 million, for 2016, focused on increasing energy and equipment efficiency and on expanding portfolio, increasing competitiveness and product quality.

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