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

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