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Articles - industry investments

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.

French producer invests EUR 300 mln in Romania in 15 years

French building materials producer Saint-Gobain has invested over EUR 300 million in the last 15 years, said Pierre-André de Chalendar, Saint-Gobain’s CEO.

Electroputere Craiova develops a green engine

A completely environmentally-friendly locomotive engine that runs exclusively on bio-diesel or vegetal oil and that has the same power and performances as that of a regular diesel engine.

Romaero expects 23 percent business increase and plans Boeing contract expansion

Aircraft components manufacturer Romaero estimates a 23 percent increase in turnover to RON 98.82 million (EUR 22.34 million) for this year, and zero profit after three consecutive years of losses, while aiming to extend the contract with the American builder Boeing, according to Mediafax.

French car parts producer invests EUR 8 mln in new factory in Romania

French car parts producer Faurecia will invest EUR 8 million in its largest production unit in Romania, located in Ramnicu Valcea, where it will hire 1,600 employees.

Romanian car parts producer invests EUR 10 mln in equipment line

Local car parts producer Compa Sibiu will invest EUR 10 million to buy an equipment line, which would help it maintain its position as one of the large European auto parts manufacturers.

Renault group invests over EUR 20 mln in Romanian data infrastructure

Renault Group’s Romanian IT infrastructure, managed by the Directorate of Information Systems Renault Romania (DSIRO), contains over 8,500 computers, industrial PCs and graphic stations, more than 2,000 km of network and 10,000 mobile and fixed telephones, according to a company release.

Romanian metal tile producer opens new production line with EUR 1.5 mln

Metal tile producer Depaco will open a new production line in its factory in Baicoi, in Prahova county, as part of a EUR 1.5 million investment program.

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