12 oct 2011

German auto components supplier Continental Automotive Systems is investing EUR35 billion to boost the production capacity of its Sibiu plant. The project, to be finalized in 2012, will expand the more

1 oct 2011

EVW Holding, sole importer of DAF trucks to Romania, posted a net profit of 12 million lei (some EUR2.9 million) in 2010, eight times more than the profit achieved in 2009, according to the company more

22 sep 2011

Canadian-held electronic components supplier Celestica, the owner of a plant built from scratch in 2004 in Bihor county, which employed 2,400 people at the beginning of the year, reached a turnover of more

28 iul 2011

The Romanian subsidiary of German car parts manufacturer Hella hired over 300 people in the first half of the year, reaching around 1,100 employees in its three plants in Timisoara, Lugoj and Arad. more

14 iul 2011

German-held car part producer Preh Romania, a supplier for Volkswagen, Audi or BMW, has planned investments of EUR5.5 million for this year to expand production capacity and acquire new equipment. more

1 iul 2011

German-owned Schaeffler Romania hired over 250 people for its Brasov plant in the first half of this year, bringing staff numbers to a total 3,400. The company plans further recruitment this year. more

28 iun 2011

Ionut Patrahau, 41, former deputy general manager and member of Banca Transilvania’s board of directors, set up a restaurant business in Cluj-Napoca. The new business required investments of around more

22 iun 2011

Japanese producer of automotive wiring systems Yazaki Component Technology is investing over EUR10 million to increase production of its Arad plant. The company plans to boost the plant’s capacity more

14 iun 2011

South Korea’s Hanil Electronics--equipment and parts supplier for electronics giant Samsung--which built a plant in Biharia, northwestern Romania, wants to buy another 10 hectares of land to expand more

2 iun 2011

Reghin-based Prolemn producer, controlled by Kastamonu Entegre company, a major player in Turkey’s wood processing field, anticipates turnover of 170 million lei (over EUR40 million), up 7% more

31 mai 2011

Ioan Tecar, owner of a group of companies with a total turnover of almost EUR90 million, is one of the Romanian entrepreneurs who took advantage of the crisis and he has managed, through successive more