Govnet

Arctic becomes Europe's largest manufacturer of refrigerators

Arctic inaugurated a new production line at the Gaesti plant in Dambovita County increasing its production capacity with 25%. Hence, the home appliance manufacturer extended its production up to 2.5 million units per year, becoming the largest producer in this field in Europe according to Mediafax.

Alro invested 100 million dollars in energy efficiency

Alro Slatina, one of the largest aluminum producers in Central-East Europe reports an important increase of energy efficiency following constant investments during the past nine years, investments amounting USD100 million. The investments designated to improve the operational efficiency were directed both to the primary aluminum sector and to the processed aluminum sector.

Honeywell inaugurates officially its plant in Ploiesti

Despite being operational since November 2012, Honeywell made yesterday the official inauguration of its friction materials plant in Ploiesti. According to the company's leadership team, the decision is based on the fact that they wanted to organize the ceremony in order to present a fully functional plant at a moment when there have already been produced over 2 million brake pads.

AFI Europe opens its second mall in Ploiesti

After the success registered by AFI Palace Controceni, AFI Europe opened its second Romanian mall in Ploiesti continuing its expansion in the field. Based on a EUR50 million investment, AFI Palace Ploiesti follows the standard already imposed by the Bucharest-based mall and is part of the third generation malls category. Thus, entertainment facilities and spare time spending activities are primary components of the concept implemented there, over 20% of its surface being allocated to entertainment areas.

Rombat launches a 17 million euro new production unit

Rombat, the Romanian battery producer, extended its plant in Bistrita upon completing a EUR17 million investment, this September. The production has already been launched in the new production facility which is designed to deliver up to 700.000 batteries annually. Based on this investment, which is 40% financed through a governmental grant, the production capacity will reach 3.3 million units each year.

Investments

50 million euros investment plans from EFT in a hydro or thermo power plant

Energy Financing Team EFT plans to invest about 50 million euros in Romania , in a hydro or thermal coal power plant after you set up a special fund for investments in energy, according to a company press release.

"We want to invest at least 50 million in a hydro or a coal power plant. Our plan is to create an investment fund to have the ability to invest in several energy projects in the region, including Romania "said Milos Hamovic , vice president and shareholder in the group.

EBRD plans investments worth 600 million euro in Romania next year