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Articles - industry investments

Lemet invests EUR 5 mln in new furniture factory

Lem’s retail network ended 2014 with a 10 percent increase in turnover against the previous year. The network’s businesses amounted to RON 255 million (EUR 57.6 million).

Hidroconstructia to invest EUR 10 mln in two waste facilities in Craiova

Dolj County Council granted Hidrocontructia a contract worth RON 43.1 million (EUR 9.7 million) for the construction of a waste sorting facility and a biodegradable waste composting facility in Mofleni, Craiova county.

Schweighofer invested EUR 14 million in a factory in Radauti

Austrian group Schweighofer invested EUR 14 million in a factory of laminated beams in Radauti, with an annual capacity of 100,000 cubes metres, which will create 75 new working places.

Agricover to invest EUR 5 mln in pork processing unit

Agricover Group announces the expansion of its business by investing in a pork processing unit.

Oradea sees EUR 53 mln investment in new thermal energy group

Following an auction, STC and Elsaco won a construction contract of a cogeneration thermal energy group in Oradea, to supply inhabitants with heat.

Steel mill invests in new production unit in Romania

Steel manufacturing company ArcelorMittal Galati has decided to invest in a new production line for pre-dyed items, which will become functional in mid-2016.

CCIB, new cooperation agreement with Chinese Council for International Trade Promotion

Representatives of the Chamber of Commerce and Industry of Bucharest (CCIB) and the Chinese Council for the International Trade Promotion – Hebei Sub-council (CCPIT Hebei) have signed a new cooperation agreement after that signed in June 2007, for identifying some first concrete projects whose implementation will lead to a better knowledge of the two business communities.

US company buys weapons factory in Romania

A yet unnamed US company has acquired and plans to re-open the local weapons factory Uzina Mecanica Dragasani, located in the Valcea county, Alexandru Uta, Stefanesti mayor, told local Agerpres.

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