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
Dunapack Packaging acquires a Turkish corrugated operation
Dunapack Packaging, which is part of the major Prinzhorn Group in Austria, has signed an agreement for the acquisition of Turkish corrugated packaging business of Camis Ambalaj Sanayi.The plant of Camis Ambalaj Sanayi is situated in Eskisehir, which is about 280 km southeast of Istanbul. The plant has annual sales volume of approximately 160 million square meters of corrugated packaging (80 000 tons). The company itself specializes in producing and delivering of shelf-ready, transportation- and storage-packaging. ... more
KBZF to put up a textile plant in Serbia
The Khalifa bin Zajed al Nahjan foundation (KBZF), located in the United Arab Emirates (UAE), has decided to invest EUR 9 million into setting up a textile plant in Raska municipality in Serbia. The mission of the Arabic foundation is to focus on the health and education within the emirates as well as abroad. With the forthcoming investment in Raska, Serbia, KBZF is broadening its scope and the number of its beneficent partners. ... more
Turkey invests in Macedonian Industrial zone Ilinden
A Тurkish company invested in the Macedonian Industrial zone Ilinden by purchasing land for a distribution center for agricultural products, the Agency for Foreign Investments and Export Promotion of Macedonia reported. The land will be used for the construction of a distribution and logistics center. ... more
Glasstech gathers world leading companies in the glass industry
The international trade fair for glass production, processing and trading Glasstech 2016 gathers world leading companies in the glass industry to enhance business relations and show technological innovations, the event sponsors have announced. The trade show’s dates are 20-23 September. ... more
EIB helps Romania to fulfill environmental projects
The European Investment Bank (EIB) will help Romania fulfill its environmental projects by giving the country a EUR 300 million loan. The fund will be used for adapting Romania’s ecological standards to those of the European Union. ... more