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Articles - industry investments

Saint-Gobain to invest EUR 4 million in glass factory from Călărași, Romania

Saint-Gobain, French group with activities in manufacturing and distribution of construction materials announced EUR 4 million investment planned for the company’s glass factory in Călărași, half of the budget being dedicated to increasing production capacities.

Spices producer Supremia plans to build 8,000 sq. m warehouse in Alba-Iulia, Romania

Supremia Grup, one of the largest players in the ingredients for food industry and spices market, plans to complete its research and innovation centre in 2017, followed by the development of a warehouse near the factory owned in Alba-Iulia.

Romanian drug producer plans over EUR 12 mln investments

Local drug producer Antibiotice Iasi wants to invest over EUR 12 million in new production units, laboratories as well as licenses for new products this year.

Three large home appliances producers announced EUR 160 million investments and 3,500 new jobs in Romania

De’Longhi (Italy), Kärcher (Germany) and Arcelik (Turkey) are opening the market for the development in Romania of a new industrial sector: home appliances manufacture.

Arctic Group to open largest European fridge factory in Targoviste

Electronics manufacturing company Arctic SA will open its largest refrigerator factory in Europe near Targoviste, in Ulmi, 80 km from Bucharest.

Turkish ETI invested EUR 22 million in Craiova factory and still has 40 pct. of the project to be completed

Turkish group ETI, which has an ongoing investment of nearly EUR 40 million in Craiova, has completed by the end of last year 57 pct. of the project and invested EUR 22 million, according to data from the Ministry of Finance.

Romania’s Alro secures USD 60 mln loan for 2016 investments

Alro SA, Romanian aluminium producer, has concluded a USD 60 million loan agreement with the Black Sea Trade and Development Bank (BSTDB), which will allow the company to proceed with its 2016 investment program, “focused on increasing the efficiency of its operations, reducing energy dependency and improving overall competitiveness,” according to a press release from BSTDB and Alro.

Romanian company builds electric scooter factory in Craiova

Local company Nextrom Industries will build an electric scooter factory in Craiova, Romania, this year, following a EUR 5 million investment.

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