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US giant buys Spanish company active in Romania

US group Ferro Corporation, with annual sales of over EUR 1 billion, will buy the Barcelona-based company Nubiola Pigmentos, which is also active on the Romanian market.

Electroprecizia Electrical Motors invests EUR 1.47 M in green technology

Electroprecizia Electrical Motors, a member of the Electroprecizia Sacele Group, will invest EUR 1.477 M in buying equipment.

Romanian aluminum producer Alro forecasts profit after loss

Romanian aluminum producer Alro Slatina posted last year a EUR 24.6 million loss, for a turnover of EUR 452 million.

Romanian metal tile producer ups investment plan to EUR 7 million

Local metal tile producer Bilka has increased its investment plan by EUR 2 million, which now amounts to EUR 7 million.

Winners celebrate at the 10th annual SEE Real Estate Awards

EuropaProperty has successfully completed its 10th annual SEE Real Estate Awards at the Radisson BLU Hotel in Bucharest, Romania. The awards gala was heralded as a great success and was well received by all winners and their guests.

Romania and Bulgaria plan building two new bridges over Danube

Romania and Bulgaria will cooperate to draw up and implement feasibility studies for two new bridges the two countries intend to build together across the Danube, linking Turnu Magurele (Romania) to Nicopole (Bulgaria), and Calarasi (Romania) to Silistra (Bulgaria) respectively, the Ministry of Regional Development and Public Administration (MDRAP) informed in a release on Monday.

Fuchs expands at local level, buys Romanian spice producer

German producer of herbs, spices and delicacies Fuchs took over In March the spices division from Romanian producer Alex & Comp.

Bosch Rexroth has 16.6 ml Euros worth of state aid approved

The Public Finance Ministry approved 16.6 million Euros worth of state aid for auto parts manufacturer Bosch Rexroth to expand its electronic sub-assemblies manufacturing capacities at its location in Blaj (Alba County), the Finance Ministry announced in release.

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