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Wind Speed invests EUR 1.8 mln in Brasov county warehouse

Wind Speed invests EUR 1.8 mln in Brasov county warehouse

Romanian transport and logistics company Wind Speed invested EUR 1.8 million into the opening of a controlled temperature warehouse in Victoria, Brasov county, its representatives announce. With this investment the company hopes for an increase of EUR 1.5 million per year in turnover.

Romanian Ministry of Finance considers increasing by 41 pct. the state aids budget for large investments

Romanian Ministry of Finance considers increasing by 41 pct. the state aids budget for large investments

Ministry of Finance in Romania intends to increase the state aids budget for investments with large impact on economy, from 2.7 billion lei to 3.828 billion lei. Nine companies have received by far grants from the State, with a total value of 436.4 million lei.

Sink and furniture manufacturer Kuma Romania to invest EUR 800,000 in production and to expand its exports

Sink and furniture manufacturer Kuma Romania to invest EUR 800,000 in production and to expand its exports

Kuma Romania, one of the main local manufacturers of sinks, worktops and furniture for bathrooms and kitchens has ended 2015 with EUR 3.3 million turnover, nearly 10 pct. higher than the precedent year and has in plan a similar growth for this year, investments of EUR 800,000 and the increase of exports.

Ford invests EUR 200 mln to start producing small SUV model in Romanian plant

Ford invests EUR 200 mln to start producing small SUV model in Romanian plant

American carmaker Ford will invest up to EUR 200 million to start producing a new model in its Romanian factory in Craiova.

Dutch company Prolyte opens new aluminium structures factory in Romania

Dutch company Prolyte opens new aluminium structures factory in Romania

Dutch group Prolyte has opened a new factory in Romania, in Olt county. The factory will produce light aluminium structures for public events.

Daimler opens the EUR 300 mln factory in Romania

Daimler opens the EUR 300 mln factory in Romania

German group Daimler will officially inaugurate its new gearbox factory in Sebes, central Romania, on April 4.

Ecopaper Zărnești gets EUR 5 million loan from UniCredit Bank to complete investment

Ecopaper Zărnești gets EUR 5 million loan from UniCredit Bank to complete investment

The manufacturer of paper for corrugated board Ecopaper Zarnesti, controlled by the businessman Vladimir Cohn, will access a loan of 5 million Euros from UniCredit Bank, to complete the investment in manufacturing equipment.

Romanian steel producer invests EUR 10 mln in new production lines

Romanian steel producer invests EUR 10 mln in new production lines

Steel producer Proinvest Group Pascani has started a greenfield project in 2015 for producing several types of sandwich panels. The investment totals EUR 10 million.

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