IMM and Ericsson will partner for Istanbul’s smart city vision
Istanbul Metropolitan Municipality (IMM) and Ericsson have signed an agreement for the development and implementations of a smart city consultancy project. The two will work together under the umbrella of the Istanbul Informatics and Smart City Technologies (ISBAK AS) company and their aim is to achieve the city’s smart vision and 2024 targets. ... more
IDE will develop electronic units for the ESSM Missle
Greece’s largest manufacturer of defense electronics products, systems and applications Intracom Defense Electronics (IDE) has won the contract for design and development of electronic units for the Block 2 improved version of the surface-to-air ESSM missile (Evolved SeaSparrow Missile). The country has taken part in an international bidding process with companies from ten countries participating in the ESSM consortium. ... more
Tyre manufacturer Pirelli invests EUR 200 million in Romania
An investment worth EUR 200 million will be made by Italy’s tyre manufacturing giant Pirelli in Romania. The company will deploy those funds at its factory in Slatina within the next five years. ... more
Novartis’s biggest European warehouse will be set up in Slovenia
The pharmaceutical giant Novartis and its Slovenian subsidiary Lek plant to shift their warehousing and distribution operations to a new logistics centre. The facility will be built adjacent to the Ljubljana Joze Pucnik Airport and will occupy an area of 35,000 sqm. German logistics company Kuehne + Nagel has been appointed to build and manage the facility. ... more
Sonaca opened a new factory in Romania
Sonaca, the Belgian company for development, production, assembly and testing of structures and systems for the aerospace industry, has opened a new production plant in Moldovenesti, Cluj County, in Romania. The local subsidiary of the Belgian group - Sonaca Aerospace Transilvania SRL - has made a total investment worth EUR 11,8 million, of which EUR 5,4 million were state aid provided by the government. ... more
Leoni will open a production plant in Serbia
The global cable and harnessing manufacturer Leoni has signed a contract with the Serbian government for the building of a production plant in Nis. The new facility will eventually employ a total of 2500 people by the end of 2018. ... more
OMV to bring innovative polyfuels technology in Petrobrazi Refinery
The largest oil and gas producer in South-eastern Europe, OMV Petrom, will invest around EUR 60 million in a new unit in Romania’s Petrobrazi Refinery. Based on innovative Polyfuels technology initially developed by the French company Axens, the new unit will be fully operational by the beginning of 2019, predicts the company. ... more
Lantek partners with ISL Photonics to deliver high efficiency laser cutting solutions
The developer of sheet metal CAD/CAM solutions Lantek has announced that it will be delivering its Lantek Expert system to the Bulgarian market. The company has signed an agreement with the Bulgarian fibre laser cutting machine manufacturer ISL Photonics, within which the software will be supplied to increase the efficiency of the Gladius, Maximus and Optimus machines in response to the high customer standards. ... more
Mecaspring will invest over EUR 1,5 million in Bosnian spring production
The Belgian group Mecaspring will invest around EUR 1,5 million in a new manufacturing plant of the company B-Spring, a company in the group of Mecaspring. This investment is part of the planned expansion of the B-Spring company, the director Frano Brajko commented. ... more
Vossloh Kiepe Austria begins production in Novi Sad
Austrian company for HVAC devices for railway vehicles Vossloh Kiepe and the city of Novi Sad have finished their negotiations for the newly constructed multipurpose building in Romski Sancevi, Novi Sad. ... more
Systemair-HSK builds a greenfield site for air ventilation products in Turkey
Systemair-HSK will build greenfield site for air ventilation products in Turkey, the European bank for Reconstruction and Development (EBRD) has announced. The building will be constructed with the financial support from EBRD amounting to EUR 5,5 million. The rest of the expenses for the construction of the new production facility will be covered by Systemair-HSK itself. ... more
Car lights maker Odelo Slovenija with a new production facility
The new production facility of car lights maker Odelo Slovenia, a subsidiary of the German-based company for car lights Odelo and part of the Turkish group Bayraktarlar Holding, is about to boost the economics of Slovenian region Prebold and the country as a whole. ... more
Hemofarm will acquire Ivancic i sinovi
Hemofarm - the leading company for pharmaceutical products in Serbia - has acquired the assests of Ivancic i sinovi, including products, manufacturing plant in Stari Banovci, employees and intellectual property. The acquired company encompasses 114 employers. ... more
Andritz delivers modern processing equipment to a feed plant in Turkey
Andritz Feed & Biofuel Technologies will deliver modernized key processing equipment to a new feed plant in Camli Yem, Turkey. The deal includes the delivery of modernized technologies and tools such as hammer mills, conditioners, pellet mills, coolers, crumblers, micro-fluid systems, filters and the largest mixer of Andritz’s OptiMix series with mixing capacity of 12,000 liters per batch. ... more
China Resources Beer Holdings may buy Romania’s biggest beer producer
One of the biggest Romanian companies for beer production, SABMiller, has announced changes in its business plans due to a forthcoming merge with Belgian group AB InBev. The company which owns the Romanian beer producer Ursus Breweries is required to sell its operations in Central and Eastern Europe as planned as part of the merge. The Chinese group China Resources Beer Holdings may buy Romanian User Breweries and SABMiller’s other operations in the Czech Republic, Slovakia, and Poland. ... more

LATEST issue 2/2019

issue 2-2019


Schneider Electric, Radoslav Koshkov: We are planning interesting new implementations in a broad range of industries

Schneider Electric, Radoslav Koshkov: We are planning interesting new implementations in a broad range of industries

From the new Regional Manager of Schneider Electric for Bulgaria, Albania, Macedonia and Kosovo, our readers will learn details about the development plans of the company in the region ... more
TMBA, Jui-Hsiung Yan: Taiwanese machine tools are highly prized on the European market

TMBA, Jui-Hsiung Yan: Taiwanese machine tools are highly prized on the European market

Exclusively in the new issue the Chairman of the Taiwan Machine Tool & Accessory Builders` Association shares an interesting insight into the trade partnership between Europe and the Taiwanese manufacturers ... more