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Volkswagen to have new logistics center in Slovakia

Volkswagen, the renowned car manufacturer has recently announced it will invest in a new logistics center, in Slovakia. VW has set aside 150 million Euro (680,5 million RON) for its latest scheduled logistics center. The new project will have the center built in Slovakia, in the capital city of Bratislava, near the company’s assembly plant. […]

Moldova to be first foreign home for Italian cable production plant

An Italian cable and wires manufacturer recently inaugurated a new factory, located in Eastern Europe’s Republic of Moldova. Specifically, La Triveneta Cavi has been working to inaugurate a factory for the manufacturing of cables and wires, in the Republic of Moldova. Located in the Strășeni Industrial Park (North of the country’s capital city of Chișinău), […]

China to invest multi-million Euro in Romanian automotive industry

A company specialized in producing automotive industry components will be working with a German-Romanian company on an investment project for vehicle trim pieces. Following an agreement between Ningbo HuaXiang Electronic Co. Ltd (China) and Hib Rolem Trim România (part of Hib Trim Part Solutions – a German group), a multi-million Euro investment project will soon […]

Romania to work on high-quality seat covers at new Faurecia factory

The automotive industry will soon benefit from new high-quality seat covers, thanks to a recently inaugurated Faurecia factory, in Romania. Specifically, Faurecia company employees working at the Râmnicu Vâlcea production plant in Romania will be able to make high-quality seat covers for approximately 280.000 vehicles, by the end of this year. Moreover, the factory will […]