NEWS
Mercedes developing €135 million e-vehicle engine factory in Romania
Construction works have kicked off at Sebes in central Romania for the e-vehicle factory where Star Assembly and Star Transmission, the local divisions of Mercedes-Benz AG, will produce electric motors for the new line of cars with EQ batteries starting in 2024.
Finnish group Nokian Tyres will invest EUR 650 mln in greenfield factory in Romania after Russia exit
Finland-based group Nokian Tyres announced on Tuesday (November 1) that it will invest some EUR 650 million in a new passenger car tire factory in Romania that will become operational at the end of 2024. This is one of the biggest investments announced in Romania’s automotive sector in recent years and will consolidate the country’s position as a tire manufacturing hub.
Canadian battery components supplier to build EUR 400 mln factory in Romania
The Canadian company RockTech Lithium wants to build a factory in Romania that will make components for electric car batteries. The investment will amount to EUR 400 million, the Romanian Government announced, quoted by Economedia.ro. On Monday (March 7), prime minister Nicolae Ciuca will attend the signing ceremony of the Memorandum of Understanding with RockTech Lithium
German LKE group relocates factory from China to West Romania
German group LKE, one of the largest manufacturers of logistics handling systems in Germany, with operations in the UK, Poland and China, will purchase Romanian company Someg Gherla in order to relocate to Cluj County a production line currently in operation in China.
China’s Haier to relocate production of Rosières ovens from France to Romania
Haier, the largest household appliances producer in China and one of the largest in the world, will relocate the production of Rosières ovens to Romania, Profit.ro reported. Rosières is an emblematic brand of French know-how and gastronomy.
Factory From Sudbury Relocates To Eastern Romanian City
Delphi Technologies company is relocating part of its activity of the factory in Sudbury, Great Britain to Iasi, eastern Romania, Digi24 reports. The auto-parts supplier explained it has taken the decision due to lower costs in Romania. The factory in UK, where over 500 people are currently working, will be gradually shut down by mid-next year, while a part of its activities will be relocated in Iasi.