production
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Heineken, 50m euros for Romanian facilities in 2009
Heineken Romania, the brewer that reached turnover worth above 200m euros last year, plans to invest around 50m euros in 2009 to modernise its Romanian production facilities.
Closure of cellulose production line cuts paper production
Three leading paper producers on the Romanian market- Ambro Suceava, Celhart Donaris Braila and Letea Bacau, closed down cellulose production machines last year, which led to a 24% decline i...
Emerson: It's impossible not to find people in Cluj
US group Emerson, with 22bn-euro turnover, which is operating a 125m-euro investment in Tetarom II industrial park in Cluj-Napoca, says it will step up expansion domestically and will build...
Ghosn, Renault: Romania is no longer an emerging market
Carlos Ghosn, chairman and CEO of the Renault group, which owns Romanian-based Automobile Dacia, says Romania has stepped out of the emerging markets category and that the Dacia car plant in...
Antibiotice invests 8m euros in production
Drug producer Antibiotice Iasi, one of the leading players in the industry, has budgeted investments worth 7.5-8 million euros to expand the tablet manufacturing capacity in the 2008 - 2009...
First private investment in electricity production
A 1bn-euro greenfield investment with a 800-MW installed capacity (bigger than a reactor at Cernavoda nuclear power station), a construction period of six to eight years and 25 years until p...
What made IKEA give up production in Romania?
The business model that brought IKEA annual sales of over 20bn euros, which targets the lowest possible costs, was the reason why the Romanian plant, held by its production unit, Swedwood, w...
Petrom buys twice the volume of oil to offset stagnating production
Petrom Bucharest (SNP), the largest Romanian company, bought oil and oil products worth 2 billion RON (545 million euros) from other companies in the Austrian OMV group (its majority shareho...
Carpatcement Holding's sales stagnate due to production limitations
Carpatcement Holding, the local division of the German group HeidelbergCement, posted a mere 1% increase in turnover in the first half of the year, against the same time in 2007, as a result...