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Japanese tire company sets eyes on Serbia

Officials from the Toyo Tire Corporation, a Japanese business, announced they will establish a subsidiary in the Republic of Serbia, in order to build a new tire manufacturing plant. The site chosen for the new factory is the town of Inđija, located halfway between the capital-city of Belgrade and the city of Novi Sad, near […]

CTP to start operations in Bulgaria

European logistics and industrial parks developer CTP is planning to expand its operations in order to control an area stretching from the German border all the way towards the Black Sea. This is why the company recently entered the Bulgarian market, with plans to reach 100,000 sqm of leased space by the end of 2021, […]

Rail Cargo Group expands into Poland

Rail Cargo Group’s strategy for better economic relations and improved business was just what the Polish economy needed, a country which managed to remain strong during the economic crisis of 2009.  Recently, Rail Cargo Group purchased a Polish rail transport company (Rail Time Polska), which means it will be able to operate its own locomotives on […]

Production starts at EGGER’s Polish plant

Furniture manufacturing company EGGER finished work on a new plant in the town of Biskupiec (Poland) and started production at the end of June 2019. As the company’s no. 19 plant for making clipboards for furniture manufacturing, the new building is currently operating at a capacity of 650,000 cubic meters of clipboard. This was made […]

thyssenkrupp invests in a new damper plant in Romania

thyssenkrupp AG, a German multinational conglomerate with focus on industrial engineering and steel production, opened a new plant for automotive components in the Romanian city of Sibiu. The plant will produce dampers for the company’s customers, with important names such as Daimler, Jaguar Land Rover and Porsche included. Total build costs for the new building […]