01.30.2015

Japan’s car part manufacturer Yazaki will extend its Arad-based plant by 4,000 square meters by July, following EUR2 million investments, Yazaki Component Technology said in a statement. more

01.29.2015

US company Kimball Electronics, provider of electronics for the medical, automotive, and industrial sectors, will open a unit in western Romanian city of Timisoara, its second in Europe besides the more

12.19.2014

Belgian group Bekaert has completed the acquisition of Pirelli’s steel cord production units in Romania, Italy and Brazil, the group said in a statement. more

12.12.2014

Romania’s largest electricity producer is in talks to buy some hydropower plants in the neighboring countries, Remus Borza, the court-appointed trustee of the insolvent company, announced on more

12.09.2014

German manufacturer Kromberg & Schubert will extend the production capacity at its Romanian automotive cable harnesses plant in Nadab (Arad county), starting January, with an industrial hall of 10,000 more

11.19.2014

U.S. carmaker Ford will lay off 680 of some 3,200 employees at its plant in Craiova (southern Romania), meaning over 20% of its staff. more

11.17.2014

Romanian cosmetics producer Cosmetic Plant, based in Cluj-Napoca, estimates a slight growth in turnover next year, after an expected 10% growth this year, to EUR1.7 million. more

11.05.2014

The Romanian government proposed Rompetrol owner KazMunayGas to build a chemical plant in the southeastern Romanian region with the $1 billion it pledged to invest in the country, Energy minister more

10.21.2014

Romania will carry on the project for the construction of two new reactors at its nuclear power plant in Cernavoda because it has invested large amounts of money so far, exceeding $1 billion, the more

10.16.2014

Automotive seating systems manufacturer Martur, held by Turkish Ustunbek group and UniCredit, will hire 200 people for a plant in Cateasca, Arges County. more

10.06.2014

Germany’s premium home appliances manufacturer Miele will invest EUR1 million in expanding the production capacity at its plant in Brasov that makes electronic components for its products. This is more

09.30.2014

Fast-moving consumers goods manufacturer Nestle has appointed Romanian executive Adrian Muntean as manager of its plant in Varna, sources close to the company say, as verified by Muntean’s LinkedIn more

09.01.2014

China National Electric Engineering Construction Corporation will upgrade Romania's thermal power plant in Deva under a $271 million contract. more

08.25.2014

The former shopping center Armonia in Braila, closed in 2009 after a EUR45 million investment and nine months in business due to poor sales, will most likely be turned into a production facility by an more

08.21.2014

The company that will operate the future hydropower plant in Tarnita-Lapustesti, worth over EUR1 billion, will be exempted from the payment of several taxes and tariffs, according to an ordinance more

07.29.2014

Romania’s largest thermal power producer ELCEN and Japanese Marubeni Corporation on Tuesday signed an agreement setting up a joint venture for the development of a 250MW gas-powered plant in more

07.23.2014

Mondelez Romania, the owner of the Poiana chocolate brand, got the approval of the National Environment Protection Authority via Dorin Dinca, regional expansion manager of Lidl Discount, to “take more

07.10.2014

Cement producer Lafarge Ciment, the largest company in Romania of France’s Lafarge, which is to sell its local assets in order to merge with Swiss-held Holcim, posted EUR2.4 billion revenue and more

07.08.2014

The apparel plants of the Sudanese-born businessman Joseph Seroussi saw their revenue increase by 30% during the crisis to 130.8 million lei (EUR29.8 million) last year, while the number of employees more

07.03.2014

German company Anvis opened its second production plant in Satu Mare, northern Romania, doubling its production capacity, after it delivered so far nearly 20 million car parts annually to companies more

06.18.2014

No Romanian entrepreneur has the financial strength to buy a EUR100 million plant, while the lack of funding and a business environment that is unfriendly to Romanian investors prevent them from more

06.18.2014

The US group Eaton, one of the world’s largest electrical equipment manufacturers, will invest $9.5 million to triple capacity of its metal fabricated part plant in Maramures, which is currently more

06.12.2014

British pharmaceutical group GlaxoSmithKline (GSK) has decided to close down its medicine production line in Brasov, central Romania, after it failed to find a buyer, the company said in a statement more

06.10.2014

Romanian cosmetics producer Cosmetic Plant, based in Cluj-Napoca, estimates a 5%- 10% turnover growth for 2014, from EUR1.6 million a year earlier, and plans to extend production capacity by more

05.09.2014

Germany’s Bosch opened its second automotive technology manufacturing plant in Romania Friday, in Jucu, Cluj county, following an investment of over EUR70 million. more