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Articles - industry investments

UAE group to build oil recycling plant in Romania

Engineering and project management company, Chemie-Tech, will invest $62 million (AED226m) in a plant that recycles the oil used in the automotive industry in Oltenita, Romania, constructionweekonline.com informs.

Prysmian Group to add new plant to Slatina factory

The Prysmian Group will open two new plants in Romania and Slovakia, where it will produce telecommunications and data cables. The plants will be built as extensions on ots existing factories in Slatina, Romania and Presov, Slovakia.

Minister of Economy in talks with two major car makers interested in investing in Romania

The government is in talks with two major international carmakers interested in investing in Romania, Minister of Economy Costin Borc told broadcaster Digi24.

EUR 6 million investments in logistics and production centre near Bucharest

Spanish manufacturer Cortizo is nearing the completion of its production and logistics centre for aluminium profiles painting, storage and distribution in the proximity of A1 highway near Bucharest, after one year since the beginning of works.

Greek group wants to invest EUR 15-20 mln in Romanian dairy plant

Greek group Olympus, which owns a local dairy plant in Halchiu, Brasov county, plans to invest EUR 15-20 million in the next two years in the factory, reports local Ziarul Financiar.

Renault has invested EUR 2.4 bln in Romania, plans to continue

Car maker Renault has invested EUR 2.4 billion in Romania until now and there are already new investments planned for the following years for the modernization and renewal of the products range, said on Thursday the Dacia GM, Yves Caracatzanis, according to Agerpres.

Three Romanian investors put EUR 5 mln in mineral water factory

Three local investors have inaugurated a new mineral water factory in Ocna de Fier, Caras-Severin county. The project has required a EUR 5 million investment, reports local Profit.ro.

Tecar and investment fund Abris Capital to start EUR 20 million factory in Dej

Ioan Tecar signed last year with the investment fund Abris Capital one of the largest transactions signed in 2015 by a Romanian entrepreneur.