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Articles - new factories

3 factory industrial investment projects at the beginning of 2021

The industrial investment market is on an upward trend, with many investments announced.

Artesana invests over 5 million euros in a new factory in Tecuci

Artesana, the largest producer of artisanal dairy products and the only producer of whole and non-homogenized dairy products in Romania, has started the construction of the new factory that will allow the tripling of production, starting with April next year.

Continental buys production space and offices within the Freidorf Industrial Park in Timișoara

The Continental technology company increases its production capacity by purchasing a new building located in the Freidorf Industrial Park in Timișoara and at the same time expanding its office space, mostly dedicated to research and development.

Austrotherm to expand factory in Roman with EUR 3 million state aid

Austrotherm Romania, one of the biggest producers of construction materials in Romania has successfully managed to get financing for a project worth 3 million euros in order to extend the production capacity of extruded polystyrene (XPS) at the Roman (Neamț county) plant.

Vetro Solutions is investing 4.5 million euros in a veterinary medicine factory in Iasi

The distributor of veterinary medicines and services Vetro Solutions is investing 4.5 million euros in a veterinary medicine factory, which will be built in Iasi until 2021, according to a company announcement.

Haier Tech, EUR 53 million for household appliances factory in Prahova county

Deloitte Romania and Reff & Associates, the law firm representing Deloitte Legal global network in Romania, provided assistance to Haier Tech, a Romanian company belonging to the Haier Group, in the project for building in Prahova county the first Haier’s refrigeration factory in the European Union. After assisting Haier Tech in obtaining the financing agreement for state aid in December 2019, Deloitte’s Management Consulting practice is now advising Haier Tech in the implementation of the large investment project that exceeds EUR 53 million, for which the state will provide aid of EUR 25 million.

Rosti rented 11,300 sqm industrial spaces for a new manufacturing premises near Ploiesti

Rosti Romania, owned by the Swedish company Rosti Group AB, has leased an area of 11,300 sqm industrial spaces in Paulesti, near Ploiesti, developed and rented out by the Belgian logistics real estate expert WDP.

Japanese JTEKT to invest 125 million euros in its factory in Alexandria, Romania

Japan's JTEKT, which owns the Koyo Romania bearing factory, will invest 125 million euros in expanding production.