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Articles - industry investments

Investors in automobile industry consider centre and north-eastern Romania

Companies from the automobile industry who are interested in investing in Romania have in view mainly the centre of the country, while some of them are seeking information about the Moldova area, increasing the number of greenfield investments and the expansion of production capacities compared to five years ago.

Holzindustrie Schweighofer starts activity at timber factory

Holzindustrie Schweighofer announced it has opened a new timber factory in Reci, Covasna county, after two years and a EUR 150 million investment.

Alevia doubles its worth to EUR 2 mln through factory expansion

A EUR 1 million investment in the expansion of its factory in Falticeni, Suceava county, has doubled the total value of supplement and tea producer Alevia’s complex, the company announced. The expansion included the office building and production lines.

Romanian cosmetics producer ups turnover, completes new investment

Romanian cosmetics producer Cosmetic Plant ended the first nine months of the year with a turnover of some EUR 1.6 million, 20% higher than in the same period of last year.

German car parts producer expands plant in Cluj-Napoca, Romania

German group Eckerle, a supplier of parts and components for the automotive industry, will expand the production capacity of its plant in Cluj-Napoca, north-western Romania, following a EUR 400,000 investment. This will create 100 new jobs.

Dutch company opens EUR 5 mln hemp factory in Romania

HempFlax, a Dutch company active in the processing of hemp, invested EUR 5 million in the hemp business in Romania, opening its first factory in Alba county, company representatives announced.

EBRD gives Belgian company EUR 8 mln to build factory in Romania

The European Bank for Reconstruction and Development (EBRD) will grant a EUR 8 million loan to the Belgian company Sonaca, which plans to build a new factory in Cluj, north-western Romania.

Siniat opened largest drywall factory in Romania, following EUR 50 million investments

Siniat Romania, drywall and plasters systems producer and supplier, opened the largest drywall factory in Romania, in Turceni, Gorj county.