Lio-Metal opens €5 million plant in Galați
Romanian metal company Lio-Metal has opened a €5 million manufacturing facility in Galați. The greenfield investment was backed by financing from ING Bank.
Romanian metal company Lio-Metal has opened a €5 million manufacturing facility in Galați. The greenfield investment was backed by financing from ING Bank.
Flip.ro, the Romanian platform dedicated to refurbished electronic devices, has concluded its fiscal year with a 45% year-over-year increase.
Holcim Romania has announced an investment of over €5 million in its Turda factory to launch a new production line.
Romanian retailer Flanco expanded its Smart Discounter network in April by opening two new stores and revamping a third, bringing the total number of projects under this brand to 22.
Elfi, the Romanian producer of tissue and sanitary paper products, has announced a significant €10 million investment aimed at expanding its production capacity.
In the December 2024 business cycle survey, managers in the manufacturing industry forecast a moderate decrease in the volume of production for the next three months.
Investment in production machinery and military equipment in Romania increased by 80% last year compared to the pre-pandemic period.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.