Romanian company Electric Plus, headquartered in Bacau, recently finalized a EUR 5 million investment into a new factory that produces PVC window profile systems under the brand Barrier. The new production line can make 700 windows each day and has 200 employees that operate it.
Switzerland will provide CHF 10 million financing (EUR 8.5 million) for an energy project in Arad, with a total value of CHF 12.2 million (EUR 10.1 million). The project includes upgrades for the central heating station and public lighting network, writes Mediafax.
Construction materials producer Holcim has completed the expansion of the waste co-processing platform in Campulung, in Arges county, following an investment of over EUR 6 million, co-founded by the EU, reports local Wall-street.ro
Romanian pavers and vibropressed borders manufacturer Symmetrica will invest EUR 1.5 million for expanding its plant in Sintereag, Bistrita-Nasaud county, for a new production line.
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 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.
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 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.
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