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Adient opens a new factory in Macedonia

Adient, the US car seats manufacturer, officially inaugurated a its third factory in Macedonia,  near the city of Strumica. The investment is worth 20 million dollars, official government said.  The plant has an area of 13.000 sq m and will create 1.500 new jobs. Aproximately 750 workers were already employed in the plant during the […]

German automotive cables manufacturer further invests in Hungary

Automotive industry cables and connectors manufacturer SCS Stahlschmidt has announced a new capacity expansion at its factory in Tatabánya, north-eastern Hungary. After investing 700.000 euro on new plant equipment and technological and infrastructure development last year, and increasing the number of “active” products to 220, the company will add another 800 sqm of production hall […]

Romania: No. 1 retail market in Eastern Europe

Recent data by Eurostat shows the situation of each European country’s retail market, with impressive results from the Romanian market. According to data for April 2017, Romania ranked no. 1 as the country with the best retail trade growth in Eastern Europe. Overall, the Easter European country ranked 5 out of all the countries in […]

JYSK invests heavily in a new distribution center in Bulgaria

JYSK, the Scandinavian retailer specialized within sleeping and living, has begun the construction works for its new distribution center in Bozhuristhe, Bulgaria. The ceremony of the first sod for the new logistics hub took plane on the 30th of May, in presence of local politicians, entrepreneurs and representatives from the top management of JYSK The […]

Sonaca extends manufacturing business into Romania

The Sonaca SA (Société Nationale de Construction Aérospatiale SA) company, responsible for making commercial and passenger plane components, recently opened a new factory in Romania, meant for manufacturing wing parts. The actual inauguration ceremony took place on March 10th, in a village near the Romanian city of Turda, in Cluj County (Moldoveneşti). The factory has […]