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Malaysian home improvement retailer Mr. DIY is set to enter the Polish market, marking its 13th international expansion. The company's website now lists Poland among its operating countries, ahead of Greece, Romania, and Bulgaria. In April, Mr. DIY established a 5,000 m² logistics center in Dąbrówka Wielka, central Poland, signaling its commitment...
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Tekon welcome mKlar as our new distribution partner in Romania!
This partnership is a key part of Tekon’s global cooperation strategy, which is focused on delivering cutting-edge wireless solutions to customers worldwide. With mKlar on board, we look forward to expanding our presence in Romania and continuing to meet the needs of our growing global customer...
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Schneider Electric is significantly expanding its manufacturing presence in Hungary with the launch of a new 18,000-square-metre facility at its Duna Smart Power Systems (DSPS) smart factory in Dunavecse. Backed by an additional €44 million investment, this expansion follows last year’s successful DSPS plant launch and reinforces Schneider Electric’s...
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Taiwanese cable industry leader CTi Cable is set to inject up to $5 million into Czechia, marking a significant milestone in expanding its global footprint. The planned investment, estimated between $4 million and $5 million, will create over 50 new jobs and introduce a highly automated production facility in Klecany at P3 Logistic Park Prague D8. This facility...
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Czechia and Taiwan are set to deepen their industrial collaboration with a newly signed memorandum of understanding (MoU) between the Czech Economic and Cultural Office in Taipei and the Taipei Economic and Cultural Office in Prague. This agreement is designed to unlock new opportunities for Taiwanese investments in Czechia, especially within emerging technologies...
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Austria's DIY sector ended 2024 on a high note, with sales growing by 0.9% year-over-year to hit EUR 3.09 billion. This upward trend sets Austria apart from its neighbors in Germany and Switzerland, where DIY store sales have not experienced similar growth.
Key Insights:
Steady Growth: Despite challenging market conditions in the region, Austria’s...
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A new government initiative, dubbed "First Greenhouse," promises Romanian farmers non-repayable grants of up to EUR 200,000 to foster modern agricultural practices. The draft law, which has already secured Senate approval, is set to be debated and voted on in the Chamber of Deputies.
Key Details of the Initiative
Modernizing Agriculture:...
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Romania is set to inaugurate its first fish farms in the Black Sea this year, marking a significant milestone for the country's aquaculture sector. Environment Minister Mircea Fechet announced that designated areas for these pioneering fish farms have already been earmarked, paving the way for local production of seafood that has long been imported from neighboring...
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German engineering leader Hengst Filtration has reached a significant milestone after taking over a southern Romanian factory in 2023. The company has successfully completed the transfer of state-of-the-art production equipment to its new filter manufacturing facility. This key achievement helped the plant generate an impressive EUR 11 million turnover in its...
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Bergophor GmbH, a German leader with a 75-year legacy of excellence, is now the exclusive distributor of BioZyme®’s AO-Biotics® products in Germany, Austria, and Poland. Headquartered in Kulmbach, Bergophor is renowned for blending best practices with forward-thinking innovation, making it the ideal partner to expand the reach of advanced animal...
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