09.09.2015

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler, has increased the number of employees at its ball bearings plant in Cristian, Brasov County, to 3,900 and plans to hire more for more

09.08.2015

Romanian insolvent hydropower producer Hidroelectrica sold micro hydropower plant Calugarita, located in Arges county, to Arges and Muscel Archiepiscopate for RON1.7 million. more

09.08.2015

Photovoltaic panel manufacturer Altius Fotovoltaic is working hard to keep up with demand from abroad and the significant interest in the sector from industrial companies in Romania, says chief more

09.03.2015

EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will create more

08.12.2015

Kastamonu Romania (the former Prolemn) based in Reghin (center of the country) posted about EUR60 million revenue in the first half, flat on the year-ago period. more

08.11.2015

Romanian state-run company Hidro Tarnita will remain with three bidders in the race for the construction of a 1,000-megawatt hydropower plant in Tarnita-Lapustesti, worth over EUR1 billion, of the more

08.11.2015

German-held automotive component manufacturer Draxlmaier says the worldwide trend of the automotive sector had a positive influence on the business of its plants in Romania so they have the next two more

08.03.2015

US automotive component manufacturer Federal Mogul will hire 280 people for its brake pad and windshield wiper plants in Ploiesti. more

07.16.2015

Six aerospace companies want to open plants or relocate production facilities to Romania and the investments might create 15,000 new jobs, says Sorin Encutescu, state secretary with the Economy more

06.19.2015

Italian home appliances manufacturer De’Longhi Romania, which owns an espresso machine plant in the Tetarom industrial park in Jucu, near Cluj, posted 321.7 million lei (EUR72 million) revenue last more

06.17.2015

Two of the largest shopping centers in Bucharest, AFI Palace Cotroceni and Mega Mall, the second Ikea store in Romania, as well as several hypermarkets were or are to open on the former sites of more

06.01.2015

Solar panel manufacturer Altius Fotovoltaic expects 16 million lei (EUR3.6 million) revenue this year, half of which generated by exports, and is in talks with African partners to open a production more

05.08.2015

The association of Romelectro and Litostroj Power (Slovenia) has won a EUR75 million contract to upgrade the Stejaru hydropower plant in Neamt county, eastern Romania. more

04.22.2015

Wiring manufacturer Leoni Wiring Systems Arad, a subsidiary of Germany’s Leoni group, will hire about 500 people for the automotive cable plant in Arad this year, to complement the 4,700 already more

04.16.2015

Romania’s cosmetics producer Cosmetic Plant, a family business set up in 1991 in Cluj, doubled its revenue during the crisis after reinvesting profits and betting on exports and presence in some of more

04.14.2015

Almost 10,000 women are working on Sweden’s fashion giant H&M’s ‘made in Romania” clothes. The retailer started manufacturing operations in Romania about two decades ago and now has 10 direct more

03.18.2015

ArcelorMittal group will invest EUR40 million at its Romanian steel plant in Galati in 2015, but the number of the plant's employees is likely to decrease by applying a new voluntary redundancy more

02.05.2015

Swedish fashion retailer H&M works with 25 textile factories in Romania, most of which in the eastern and southern parts of the country, in the poorest counties such as Braila, Vrancea, Teleorman and more

02.03.2015

ETI, the Turkish confectionery producer that is now investing EUR40 million in a sweets plant in Craiova, southern Romania, has started hiring for the facility that will be completed in the second more

02.03.2015

Kastamonu Romania (the former Prolemn), a Reghin-based wood processing company held by Turkey’s Kastamonu Entegre, will start this year an investment project worth about 70 million lei (EUR15 more

01.30.2015

Japan’s car part manufacturer Yazaki will extend its Arad-based plant by 4,000 square meters by July, following EUR2 million investments, Yazaki Component Technology said in a statement. more

01.29.2015

US company Kimball Electronics, provider of electronics for the medical, automotive, and industrial sectors, will open a unit in western Romanian city of Timisoara, its second in Europe besides the more

12.19.2014

Belgian group Bekaert has completed the acquisition of Pirelli’s steel cord production units in Romania, Italy and Brazil, the group said in a statement. more

12.12.2014

Romania’s largest electricity producer is in talks to buy some hydropower plants in the neighboring countries, Remus Borza, the court-appointed trustee of the insolvent company, announced on more

12.09.2014

German manufacturer Kromberg & Schubert will extend the production capacity at its Romanian automotive cable harnesses plant in Nadab (Arad county), starting January, with an industrial hall of 10,000 more