General Membrane, a leading Romanian manufacturer specializing in bituminous membranes for the construction sector, liquid waterproofing products, and expanded polystyrene, has secured a loan of EUR 2.6 million from ING. This funding is geared towards the development of a new manufacturing facility devoted to expanded polystyrene and the establishment of a photovoltaic...

Ford Otosan's facility in Craiova is set to commence the production of the latest Transit and Tourneo Courier models, adding to the Puma lineup, as reported by Ziarul Financiar. Earlier this year, the Craiova branch of Ford Otosan had already initiated the assembly of the inaugural units of the refreshed Tourneo Courier. By the latter half of July, dealerships...

AB Grigeo, a leading paper and wood industry conglomerate in the Baltic States, has inked a provisional agreement to acquire shares of a factory owned by Głuchołaskie Zakłady Papiernicze sp. z o.o (GZP), a noted tissue paper and cardboard producer in Poland. The company's roadmap involves obtaining a full 100% stake in the GZP subsidiary that oversees the...

The MSV International Engineering Fair stands out as Central Europe's foremost industrial exhibition. It predominantly draws industry professionals, with nearly 80% of attendees playing a pivotal role in business investment decisions. Furthermore, about a third of these professionals hold senior positions within their organizations. The fair comprehensively...

CFR Infrastructura, Romania's state-operated Infrastructure Manager, has announced the receipt of five bids in a competitive tender focused on the railway upgrade of the Port of Constanta. This bid is pivotal in the business partner search process, as the selected entity will spearhead the initial phase of modernization at the Valu lui Traian station –...