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Articles - industry investments

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.

Agricover to invest EUR 5 mln in pork processing unit

Agricover Group announces the expansion of its business by investing in a pork processing unit.

Oradea sees EUR 53 mln investment in new thermal energy group

Following an auction, STC and Elsaco won a construction contract of a cogeneration thermal energy group in Oradea, to supply inhabitants with heat.

Steel mill invests in new production unit in Romania

Steel manufacturing company ArcelorMittal Galati has decided to invest in a new production line for pre-dyed items, which will become functional in mid-2016.

CCIB, new cooperation agreement with Chinese Council for International Trade Promotion

Representatives of the Chamber of Commerce and Industry of Bucharest (CCIB) and the Chinese Council for the International Trade Promotion – Hebei Sub-council (CCPIT Hebei) have signed a new cooperation agreement after that signed in June 2007, for identifying some first concrete projects whose implementation will lead to a better knowledge of the two business communities.

US company buys weapons factory in Romania

A yet unnamed US company has acquired and plans to re-open the local weapons factory Uzina Mecanica Dragasani, located in the Valcea county, Alexandru Uta, Stefanesti mayor, told local Agerpres.

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.
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