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Colin Bennett

Prysmian announces new investments and business agreements in Romania - 0 views

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    "The new facility will serve both the internal market sustaining the infrastructural energy development project in Romania, and the export market further qualifying Romania as an excellence hub to serve the most advanced international markets. Completion of the project and beginning of production is scheduled for July 2015."
James Wright

Romania - Delphi opens wiring harness assembly plant in Romania - 1 views

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    Delphi Automotive, the wiring harness and component maker, is opening a new manufacturing facility at Moldova Noua, in the southwest region of Romania. The site will enable the company to produce wiring harness modules to meet increasing demand from vehicle manufacturers across Europe and will work closely with other Delphi facilities in the country to ensure efficiency and flexibility for its customers. Plant operations are being deployed over two phases, the company initially opened the Moldova Noua facility for testing on the 4th April and intends to open the additional 2,400 square metres of the facility in September 2011.
Colin Bennett

Swiss Mineco buys Romanian Moldomin copper mines, plans EUR 150 mln investments - 0 views

  • Razvan Zavaleanu, Managing Partner al RTZ & Partners, believes that the buyer has the financial capability to save the mining in Moldova Noua. Moldomin started bankruptcy proceedings after the company which used to own it, Cuprom Baia Mare, went bankrupt.
Colin Bennett

Economists: Financial turmoil may mean opportunity for Romania - People's Daily Online - 0 views

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    Low labor costs could lead to relocations of large producers coupled with the depreciation of the national currency leu. It could boost exporters' business despite negative impact on consumption, the report said, citing Lucian Anghel, chief economist of the Romanian Commercial Bank.
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Czech Utility To Build Europe's Largest Wind Farm in Romania - 0 views

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    Czech utility, CEZ Group (CEZ.BE), is investing 1.1 billion euros in a Romanian wind farm with a projected capacity of 600 megawatts (MW), which--when completed--will be the largest onshore wind farm in Europe. CEZ bought the development rights for two projects from Continental Wind Partners LLC (CWP), which will manage the construction, set to begin next month. The project will combine adjacent Fantanele and Cogealac wind farms. Together, the two projects will be about twice the size of the next largest fully permitted onshore wind farm in Europe, and triple the size of the largest operational wind farm in Europe. The project, which is located about 17 kilometers from the Black Sea, will be completed in two stages. The first stage of 347.5 MW is expected to be completed by the end of 2009. It will comprise 139 GE wind turbines.
Hans De Keulenaer

Emirates International Investment Company reveals ambitious Dhs1.8bn plan to establish ... - 0 views

  • As part of its strategy to broaden its international presence and develop its business units, the Emirates International Investment Company (EIIC) has announced ambitious plans to build six hi-tech factories in the UAE, Kingdom of Saudi Arabia (KSA), Algeria, Romania and Vietnam, at a value of Dhs1.8bn.
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    Emirates International Investment Company reveals ambitious Dhs1.8bn plan to establish six hi-tech cable factories globally
Colin Bennett

Europe Ditches Landlines - Almost 1 in 5 Rely on Mobiles - 0 views

  • Almost one in five Europeans have cut off their landlines, relying entirely on cell phones and mobile device to make their calls. A recent Eurostat study included all 27 EU countries except Bulgaria and Romania.
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