factory

Greenfield investment agreement: Canadian company RockTech Lithium will invest 400 million Euros for a factory of electric car battery components

By Andra Beltz The government led by Nicolae Ciucă signed, on Monday, the memorandum of understanding with RockTech Lithium to build a factory in Romania. The Canadian company wants to invest 400 million euros in our country. "In the presence of...

The largest bicycle factory in Europe will be ready this year; the investment reaches 30 million euros

By Emea Riga Sport Mechanical Workshop (SMW), one of Decathlon's suppliers, will open the largest bicycle factory in Europe this year. The investment in the new unit is 30 million euros, and the construction works are in the final phase...

Romania, hub of household appliances. The Chinese Haier Group is building the first fridge factory for the European market

By Jerom Bolt The Chinese group Haier is building its first refrigerator factory in the European Union in Prahova County, Romania. The total investment amounts to 53 million euros, of which 25 million are state aid, according to a statement...

Iveco is building a factory in Romania where it will produce military trucks

By Emea Riga Iveco Defense Vehicles has started the construction of a factory on about 9,000 square meters in Petrești, Dâmbovița County, where it will partially build some of the over 2,900 military trucks for the Romanian forces for which...

Tönnies’ pigs are now crying out to Merkel: help, help for workers in the East

By Constantin Radut Yesterday, the German weekly Der Spiegel paid a sincere homage to the meat industry of the last century, which then entered the era of Ford-type industrialization. An American company from the beginning of the 20th century brought...

Procter & Gamble opens a new factory in Romania in 2021

By Jerom Bolt The Procter & Gamble Group has announced that it will accomplish, in 2021, a new factory in Urlati, of detergent capsules (PODS). The company, which celebrated 25 years of presence in Romania, received state aid for this...

Rockwool opens the largest basaltic mineral wool factory in Romania

By Edwig Ban The Rockwool Group, a world leader in the production of basaltic mineral wool, has opened the first factory in Romania, an investment worth 50 million euros. It has a capacity of approximately 45,000 tons per year, being...

Arctic opens a factory of 2.2 million washing machines per year according to the Industry 4.0 concept

By Emea Riga Arctic SA announces that the first Romanian factory operating according to Industry 4.0 principles is 100% operational. The company thus marks an important stage in its technological development as well as the Arçelik group, a press release...
- Advertisement -

Latest News

SeedBlink acquires Symbid, one of the world’s first investment crowdfunding platforms, in a European consolidation move

By rbj Speedlink, the European co-investment platform in tech startups, has announced it has completed the acquisition of Symbid, one...
- Advertisement -

Biofarm: innovation ambassador, during the first six months of the year, the Romanian company focused on launching new products in the CHC segment dedicated...

By rbj Biofarm (stock symbol BIO), one of the most important drug manufacturers in Romania, reports significant increases in the first half of the year...

The Romanian firefighters are present in France to support the French forces who are fighting the climacteric flames

By rbj Two C-17 Globemaster III aircraft from the Multinational Strategic Transport Unit and a C-27J Spartan aircraft of the Romanian Air Force performed, on...

ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces that its subsidiary Bico Industries...

Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...