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Articles - industry investments

Alevia doubles its worth to EUR 2 mln through factory expansion

A EUR 1 million investment in the expansion of its factory in Falticeni, Suceava county, has doubled the total value of supplement and tea producer Alevia’s complex, the company announced. The expansion included the office building and production lines.

Romanian cosmetics producer ups turnover, completes new investment

Romanian cosmetics producer Cosmetic Plant ended the first nine months of the year with a turnover of some EUR 1.6 million, 20% higher than in the same period of last year.

German car parts producer expands plant in Cluj-Napoca, Romania

German group Eckerle, a supplier of parts and components for the automotive industry, will expand the production capacity of its plant in Cluj-Napoca, north-western Romania, following a EUR 400,000 investment. This will create 100 new jobs.

Dutch company opens EUR 5 mln hemp factory in Romania

HempFlax, a Dutch company active in the processing of hemp, invested EUR 5 million in the hemp business in Romania, opening its first factory in Alba county, company representatives announced.

EBRD gives Belgian company EUR 8 mln to build factory in Romania

The European Bank for Reconstruction and Development (EBRD) will grant a EUR 8 million loan to the Belgian company Sonaca, which plans to build a new factory in Cluj, north-western Romania.

Siniat opened largest drywall factory in Romania, following EUR 50 million investments

Siniat Romania, drywall and plasters systems producer and supplier, opened the largest drywall factory in Romania, in Turceni, Gorj county.

Siemens to open a new wagon parts factory in Sibiu

Siemens started the construction of a new factory in Western Industrial Area of Sibiu.

Italian furniture producer borrows EUR 10 mln from Romania’s Eximbank

Furniture producer Italsofa Romania took a EUR 10 million credit line from local lender Eximbank. It will use the money to carry out its current activity, according to the bank.

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