05.06.2014

French group Michelin will close its truck tire production plant in Budapest next year, and the plant’s production will be mainly relocated to the Michelin facilities in Olsztyn (Poland), Zalau more

05.06.2014

The first phase of the low and intermediate-level radioactive waste storage facility of the Cernavoda nuclear power plant should be done by 2020, and the total investment in the project amounts to more

05.01.2014

US automotive component manufacturer TRW Automotive opened a new airbag production facility in Roman, Neamt County (NE Romania) on Wednesday, which will create 1,160 new jobs. more

04.09.2014

PGS Sofa & Co controlled by Jean-Charles Parisot, grandson to Jacques Parisot, the founder of one of the largest furniture makers in France, bought an over 26,000 square meter production facility in more

04.08.2014

Germany’s utility E.ON gave up plans to co-finance the construction of an 800-megawatt thermal power plant in eastern Romania because of adverse market conditions, the head of E.ON Romania said more

04.04.2014

Star Transmission, the Romanian subsidiary of German group Daimler, started Friday the construction works for a new transmission plant in Sebes (central Romania), that will be completed in 2016. more

03.20.2014

Romanian government approved Thursday the setup of a Romanian-Bulgarian project company to develop a hydropower plant on the Danube at Turnu Magurele – Nicopole, according to a memorandum obtained more

03.20.2014

American Superconductor will open a production unit in Timisoara, where it will relocate part of its wind turbine systems production from China, under a larger restructuring and cost-cutting strategy. more

03.07.2014

Airbag manufacturer Global Safety Textiles, which has a plant in Sighisoara (central Romania), will receive state aid of EUR18.5 million for a EUR46 million investment in a new production facility more

02.07.2014

Belgian-held group Allianso, which owns Ploiesti West Park logistic park in Aricestii Rahtivani, Prahova County in Romania, will build a plant and a 25,000-square meter warehouse there for Belgian more

02.06.2014

The thermal power plant that Romania’s second largest oil group Rompetrol pledged to build if Government approves the memorandum of understanding with the company, will be completed in 2017, said more

01.27.2014

Romania will likely select in February a partner for the construction of its planned 1,000-megawatt hydropower plant in Tarnita-Lapustesti, Minister-delegate for Energy Constantin Nita said Monday. more

01.23.2014

Romanian building materials producer AdePlast received state aids worth EUR7.27 million to build a EUR19 million basalt fiber wool plant in Ploiesti city by 2015, the company announced Thursday. more

01.22.2014

Over 300 micro-hydropower plants are already authorized and operational in Romania, while some 150 are pending authorization, according to the data sent to Mediafax by the water management department. more

01.21.2014

HiSun PV Technology, a subsidiary of China Evergreen Industry Group, has expressed interest in building a thermal power plant in Halanga (in Romania’s southern county of Mehedinti), in association more

01.15.2014

Romania's major state-owned power companies CE Oltenia, Nuclearelectrica, Hidroelectrica, CE Hunedoara, Electrica and natural gas producer Romgaz will finance the project study for Tarnita-Lapustesti more

01.10.2014

French Lactalis group, one of the world leading dairy industry groups, which bought the LaDorna business in Romania in 2008, closed three plants that made butter and yellow cheese in Suceava and Neamt more

12.28.2013

The year 2013 witnessed insolvencies, several deals and the opening of new construction materials plants and malls. more

12.28.2013

The year 2013 in the fast-moving consumer goods industry of Romania saw two entrepreneurs score a victory against the government for cancellation of fiscal incentives, an important investment more

12.25.2013

The announcement of British drugmaker GlaxoSmithKline (GSK) about giving up its Europharm plant in Brasov, central Romania, came as a shock to the pharmaceutical industry this summer. more

12.19.2013

Romania inaugurated Thursday Centrala Hidroelectrica Racovita (CHE Racovita), a EUR162.7 million hydropower plant in Sibiu county, central Romania, whose construction started before 1989. more

12.05.2013

Romania’s largest oil and gas producer OMV Petrom (SNP.RO) is looking to award a EUR64 million contract for the replacement of two natural gas processing plants. more

12.03.2013

Company Green Glass, part of Green Group, will open a glass recycling plant in southern Romania Thursday, following an investment worth EUR4 million. more

11.28.2013

The Autonomous Administration for Nuclear Activities (RAAN) plans to build a thermal power plant worth around $350 million, Rodin Traicu, member in the Chamber of Deputies’ committee for services more

11.27.2013

Several kilometers southeast of Bucharest, in Popesti-Leordeni, PepsiCo operates a three-hectare production facility staffed by 288 people. Its eight production lines make Lay’s chips, Star puffs more