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ZF English

The past five years in food and beverage production: 25 plants closed, 3,000 people laid off

In the past five years, more than 25 production facilities largely held by food industry multinationals have been closed as owners decided to restructure their businesses. In the wake of closures, production lines have been relocated either to other domestic p...

Diana Tudor Stoica · 31.08.2010 · 23:49 · 1 min
ZF English

New wave of retail investors comes from production

Food producers invest millions of euros to develop their own store networks, after only one year ago the Romanian entrepreneurs who set up store networks in modern retail, such as Spar, Trid...

Diana Tudor Stoica · 14.04.2010 · 17:06 · 1 min
ZF English

Bankruptcy whirlwind sweeps from retail to production

Increasingly more producers in the food industry will become insolvent this year, after food retail chains were the most affected in 2009, believes George Frincu, president of bakery produce...

Ziarul Financiar · 11.02.2010 · 15:27 · 1 min
ZF English

OMV bets 500m euros on exploration and production

Austria's OMV, the majority shareholder in Petrom, the biggest Romanian company, say that on the long term the group's strategy is to bolster the weight of the exploration and production uni...

Roxana Petrescu · 30.11.2009 · 15:59 · 2 min
ZF English

Pepsi starts production in Dragomiresti in its biggest factory in Europe in September

Pepsi Americas in September will start production in the new plant of Dragomiresti, located at the exit way from Bucharest, as it finished the first construction phase.

Ziarul Financiar · 25.08.2009 · 16:40 · 1 min
ZF English

Mereuta: If Dacia production had not recovered, economic decline would have been even steeper

Moving from an anti-crisis programme based on "how to use" the Gross Domestic Product to a programme on "how to create" GDP by promoting the Romanian industrial manufacturing sectors is the...

Alexandru Anghel · 16.07.2009 · 20:38 · 1 min
ZF English

Lasselsberger has given up half of its production in the last five years

Austrian group Lasselsberger, the leader of the Romanian ceramic tiles market (wall and floor tiling), closed the Cesarom plant in Bucharest a month ago, after last year it had closed a prod...

Catalin Lupoaie · 15.07.2009 · 17:59 · 2 min
ZF English · Oil

Petrom to start production with Exxon in the Black Sea

Petrom, the biggest Romanian company, believes that in about six years it may start production in the largest block it owns in the Black Sea, Neptun, where it carries out exploration operati...

Roxana Petrescu · 02.07.2009 · 17:42 · 2 min
ZF English

After SEWS, Alcoa also transfers production from other countries to Romania

Alcoa Fujikura producer of cable systems announced it would close a plant in the Czech Republic in the second half of this year, with production to be transferred to Romania in one of the pl...

Ziarul Financiar · 29.06.2009 · 16:08 · 1 min