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Knauf Insulation acquires Gecsat S.A. factory to meet growing regional demand

Knauf Insulation, one of the largest players on the insulation materials market, part of the Knauf Group, announces the signing of the contract for the purchase of the Gecsat S.A. mineral wool factory in Târnăveni, Mureș County. The acquisition of the factory in Târnăveni aims to support deliveries to Knauf Insulation customers in the ever-growing markets of Romania, Eastern Europe and the Commonwealth of Independent States (CIS).

Real estate developer Iulius enters the industrial production market through the acquisition of the majority stake in Carbochim shares in Cluj-Napoca

The developer of real estate projects Iulius, through the company Carbo Europe, has finalized the process of acquiring the majority shares of the manufacturer of abrasive materials Carbochim SA Cluj-Napoca.

Liberty Steel plans investments of 200 million euros in its Romanian factory in Galaţi

Liberty Steel intends to invest 400 million euros in the seven steel factories bought from ArcelorMittal, out of which half would go to the Galati factory, Bloomberg writes.

ROCA becomes majority shareholder SC Electroplast SA, a Romanian brand with more than 25 years

ROCA, the first investment and management platform dedicated to Romanian companies, has become the largest shareholder of SC Electroplast SA, a Romanian brand with a tradition of more than 25 years, being among the top 10 cable manufacturers and leader in the power cable for railway infrastructure market.

RENAULT Romania announces an investment of 100 million euros for Dacia factory

Dacia, the largest company in Romania, is preparing new models, according to Christophe Dridi, general manager of Automobile Dacia and Groupe Renault Romania, who emphasized that from September 2020 will increase the production of the factory to 400,000 cars, by investing 100 million euros.

Delphi Technologies will relocate some of the UK production to Romania

London-based Delphi Technologies, a provider of advanced propulsion solutions for automotive manufacturers, is transferring part of the Sudbury (UK) plant to Iaşi.

Nestlé will close its factory in Timisoara in 2019

The Nestlé factory, which claimed one of the oldest large foreign investments in Timisoara, will be closed by the end of May, 2019.

The Europharm medicines factory in Braşov restarted production, run by two local investors

The brothers Attila Santa and Nandor Santa, who took over at the end of 2017 the Europharm medicines factory in Braşov, closed in December 2015 by the British at GlaxoSmithKline (GSK), started production and are selling to pharmaceutical companies in the EU, but also to extra-community customers.

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Articles - factories

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