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Articles - new factories

Turkish firm builds confectionery factory in Romania for EUR 13 mln

Turkish-owned construction group Synergy Construct will build Turkish group ETI’s confectionery factory in Romania for EUR 13 million.

Duraziv intends to build new factory in 2016

Daniel Guzu, the businessman controlling Duraziv, a company specialized in construction materials manufacturing, is taking into consideration to open a new adhesives and mortars, with a double capacity compared to the one currently owned.

Lemet invests EUR 5 mln in new furniture factory

Lem’s retail network ended 2014 with a 10 percent increase in turnover against the previous year. The network’s businesses amounted to RON 255 million (EUR 57.6 million).

Schweighofer invested EUR 14 million in a factory in Radauti

Austrian group Schweighofer invested EUR 14 million in a factory of laminated beams in Radauti, with an annual capacity of 100,000 cubes metres, which will create 75 new working places.

Turkey’s Kastamonu invests 70 million lei in an adhesive factory in Reghin

The company Kastamonu Romania (former Prolemn) from Reghin, controlled by the company Kastamonu Entegre, one of the most important players in wood industry from Turkey, will start this year an investment project of approx. 70 million lei (EUR 15 million) for the construction of industrial adhesives factory.

American electronics group to open new factory in Romania

American electronics producer Kimball Electronics plans to expand its capacity in Europe by opening a new plant in Romania.

Romanian-Hungarian joint venture to produce locomotives

Craiova-based locomotive producer Softronic and the Hungarian group LAC Holding have signed a joint-venture to build locomotives in Hungary.

Cris Tim to invest more than EUR 5 million in ready meal factory and winery

Cris Tim, one of the largest food producers in Romania, will invest this year more than EUR 5 million in a winery and a ready meal factory, a segment which registered 30 pct growth last year, according to the group’s president, Radu Timis.

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