Volkswagen has postponed the final decision on its new factory in Eastern Europe, to be located in Turkey, an investment of 1.4 billion euros, after Turkey launched a highly criticized offensive in northern Syria against the Kurds.
Arctic, the leader of the Romanian appliance market, announces that the first Romanian factory operating according to Industry 4.0 principles is 100% operational and thus marks an important stage in the development of the company and the Arcelik group. The company also owns and operates in Romania the largest home appliances factory in Continental Europe.
Several cities received requests on available land from the Ministry for the Environment for Business, Trade and Entrepreneurship, through Invest Romania, alba24.ro informs.
Liberty Steel intends to invest 400 million euros in the seven steel factories bought from ArcelorMittal, out of which half would go to the Galati factory, Bloomberg writes.
According to Dunwell data, in the first half of the year, about 280,000 square meters were traded in the industrial market, of which over 125,000 square meters were closed by the real estate consultancy agencies, the difference being direct transactions of the developers. About 50% of the total transactions of the first semester were signed in Bucharest, 70% of them being concluded by the consulting agencies. Other trading areas are Timișoara and Ploiești.
The Chinese investment fund CEE Equity Partners made the payment to Brise Group, one of the largest agribusiness groups in Romania, in the transaction announced in April, for the modernization and development of cereal silos of the Romanian group.
B. Braun, a subsidiary of the German company on the local market, specialized in providing medical products and services, estimates that in 2021 the construction of the 120 million euro plant will be completed in the village of Sânandrei near Timişoara, which will employ a total of 250 people.
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