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ArcelorMittal Galati aims to increase the production

ArcelorMittal Galati aims to increase the production by 15% in 2015 after some major refurbishments furnace no. 5 and steelworks, and the successful completion of stage comeback parameters of upgraded equipment. “These important investments, totaling € 10 million, demonstrates ArcelorMittal’s Galati commitment to his unit,” said Bruno Ribo, Director General of the Division of Business […] Read more »

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Allview sold a million phones and tablets in 2014

Allview brand of Visual Fan, romanian company that produces and sells various electronic products, reached in 2014 a record number of items sold, it approaching 1 million products – tablets and phones – also exceeding four times more units sold than in 2013. Lucian Peticilă, the general manager of Visual Fan, said that according to preliminary estimates […] Read more »

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Globalworth Investment invests €5 million in new factory in Timişoara

Globalworth Investment Fund, founded and run by Greek businessman Ioannis Papalekas, will build, within the project Timişoara Airport Park, a new factory of about 7,000 square meters intended for the German current-meters manufacturer Elster, the delivery of the production unit being scheduled for the third quarter of 2015. The investment in this project is estimated […] Read more »

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Romania, Greece and Bulgaria signed an agreement on regional gas infrastructure

Romania, Greece and Bulgaria want to collaborate in order to develop a regional infrastructure for natural gas, the countries signing an agreement on December 9th 2014. The cooperation agreement was signed in Brussels by the energy ministers of the three states. Romania still lacks an interconnection with Bulgaria’s natural gas grid, despite the existence of […] Read more »

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Ductil Steel Buzău and Laminorul Brăila will merge

Factories Ductil Steel Buzău and Laminorul Brăila will merge, according to the reorganization plan voted by creditors. This plan involves absorption of Laminorul Brăila by Ductil Steel, said officials of Nikarom Invest, which, in 2012, bought all the companies held in Romania by the Russian group Mechel. In March 2013, the local company Silnef took […] Read more »

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CESIRO – 70% of home earthenware is used by foreigners

Who would have thought that Transylvania’s lands are where the oldest Romanian home earthenware factory is hidden and that is also where millions of plates and trays are annually produced. Although it doesn’t seem imposing from the outside, Cesiro spreads on approximately 4 ha and has around 1.600 employees. That is how it can achieve […] Read more »

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Enel Green Power Romania – The last one standing

Although Enel announced its withdrawal from all energy sales and distribution operations in Romania, it decided to keep its production operations, namely its renewable energy division, Enel Green Power Romania. A promising investment Most of the investments in the wind sector was absorbed by the Dobrogea region. Due to the relatively strong and predictable winds, […] Read more »

IRUM-machine

IRUM – The ambition to influence market developments

IRUM SA manufactures at Reghin performant skidders and agricultural machinery. Originally intended for domestic market only, IRUM machines are now being sold in several European countries such as Hungary, Ukraine, Serbia, Poland, Croatia, Austria and Germany. Mr. Mircea Oltean, CEO at IRUM talked to us about environmental care, performance, design and the attention to safety […] Read more »