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Articles - industry investments

Azomures announces EUR 220 mln investments by the end of 2015

Fertilizer producer Azomures will run EUR 220 million investments by the end of 2015 in order to become compliant with upcoming environment regulation which will be enforced starting with 2016.

Pfizer Romania invests USD 4.5 mln in its packaging unit in Cluj-Napoca

Pfizer Romania is expanding its operations in Romania by investing in its packaging site in Cluj Napoca, Ferrosan. The facility was acquired by Pfizer in December 2011 and since then, Ferrosan’s activity focused on packaging of food supplements.

Cargill doubles capacity of Constanta grains terminal following EUR 15 mln investment

The Romanian subsidiary of agribusiness giant Cargill has completed a EUR 15 million investment in partnership with local logistics operator Transport Trade Services (TTS) in increasing the capacity of its Canopus Star JV grain terminal in the Black Sea Constanta port, the company announced yesterday. Works on the site started in July last year.

Philip Morris to invest in Otopeni factory expansion

Philip Morris is in the middle of an expansion process for its cigarette factory in Otopeni, Ilfov county, and while it will not advance an official number for the value of the investment, the company does say that at the end of the project its total local investments will be RON 450 million.

Sinterom invests EUR 3.2 million in its production line in Cluj-Napoca

Auto-equipment producer Sitnerom SA Cluj-Napoa announced on Monday it finished investments of EUR 3.2 million in modernizing its production line and creating 45 new jobs.

Australian ADX Energy considers EUR 100 mln investments in Romania

Australian oil company ADX Energy might invest up to EUR 100 million in exploration/exploitation works in an oil perimeter in Timis, Romania, and is trying to convince its investors that Romania supports activities related to oil and gas, given that the fund raising “is not the easy part”.

Ipec Alba Iulia invests EUR 8 million in a new factory

Porcelain house goods manufacturer Ipec, controlled by Covaciu family invests over EUR 8 million to build its sixth production unit in Alba Iulia.

Investment of over EUR 50 million in Cluj: Emerson inaugurated a new production and services platform

American company Emerson has inaugurated in Cluj-Napoca a new production and engineering services platform, following an investment of EUR 55 million, where 700 people will be hired, Mediafax writes.

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