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Articles - industry investments

Local frozen pastry producer invests EUR 1.4 mln in automated production line

Panovia has completed this year, by accessing EU funds worth EUR 1.4 million, an investment in an automated production line which increases the production capacity.

Bosch to invest EUR 55 M in Romania in 2015-2016

Bosch Group will invest approximately EUR 55 M in Romania in the next two years, mostly in the development of production units in the sector of mobility solutions (for the auto industry), Robert Bosch CEO Mihai Boldijar stated on Thursday at a press conference.

Alcatel-Lucent invests EUR 200,000 in LTE lab in Timisoara

Telecom equipment manufacturer Alcatel-Lucent Romania has opened an LTE lab within the Faculty of Electronics and Telecommunications of the Politehnica University in Timisoara, the company announced in a press release.

ArcelorMittal Galati invests EUR 4.75 mln in new plant

ArcelorMittal Galati has invested EUR 4.75 million in a plant for demineralised water used to produce steam for turbochargers and for various technological processes, the company representatives saying the investment will help strengthen the independence in providing the raw materials.

Two British companies open two plants in Romania

British companies Spirit Circuits and Portsmouth Aviation will open two factories in Craiova, within the city’s High-Tech Industry Park.

Deloitte: Romania will become attractive for investment funds in IT and manufacturing

Investors expect an increase of transaction activities next year, according to the latest Deloitte Central Europe Private Equity. The audit and consulting company estimates that Romania will be more attractive especially in the IT and manufacturing sectors.

Modpak System invest 1 million Euros in packaging factory in Ploiesti

A leading Romanian company specialising in industrial packaging solutions on Wednesday opened a factory located in the Ploiesti Industrial Park on an investment of 1 million euro. The start-up will meet the demand of the entire southern Romania.

Alum Tulcea allocates 30% of 2014 profit for retooling

Approximately 30% of the 2014 net profit recorded by alumina producer Alum Tulcea will be allocated for retooling and the rest will be distributed to cover losses from previous years, the operational manager of the company Nicolae Anghelovici told Agerpres after Alum’s debut on AeRO market.

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