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Japanese manufacturer Takata, with 3 factories in Romania, goes bankrupt

Japanese company Takata Corp, which has three factories in Romania, will file for bankruptcy next week, as it seeks to reach a financial deal with Key Safety System manufacturer, according to sources quoted by Reuters.

The industrial and logistics stock in Bucharest has increased 10 times in the last 13 years

The total stock of modern industrial and logistic spaces in Bucharest has increased approximately 10 times between 2004 and 2017 to almost 1.2 million square meters, being supported primarily by the positive evolution of consumption and purchasing power, shows a C&W Echinox study.

Kronospan Invested 10 Million Euros in Romanian Factory from Sebeş

The Kronospan wood chip maker inaugurated an investment of EUR 10 million in a modernized wood lamination line at its Sebeş factory.

American Company Timken Invested $ 60 Million In The New Bearing Factory In Ploiesti

American company Timken invested 60 million dollars in its second factory in Ploiesti, Romania, where 120 people will work, said Andreas Roellgen, vice president of Timken Europe, Asia and Africa.

Works Starting on The Comarnic-Brasov Highway in Central Romania

The construction agreements being signed for the fifth section of the Comarnic-Braşov highway, the Brasov-Cristian section, and the Comarnic Belt, works on the two investment objectives should begin soon, unless contestations occur, has recently declared the Minister of Transport, Răzvan Cuc.