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TeraPlast fully owns Wetterbest

An important business move marked the final stage towards full ownership between the TeraPlast Group and the Wetterbest company. The Romanian plastic products manufacturer (TeraPlast Group) successfully completed the necessary steps to acquire the remaining 1% interest in Wetterbest, a local roof systems manufacturer. The acquisition started back in 2017, with Teraplast owning 67% of […]

Rosti Romania ready for new factory

Rosti Romania is preparing to build a new factory dedicated to plastic injection moulding and contract manufacturing. The new site will house a custom-built center, spread across 10,000 sqm of manufacturing areas, offices, and storage. This is a significant addition to the company, which has been growing in the past few years, thanks to essential […]

Adeplast now owned by Swiss chemicals manufacturer

A Swiss producer of specialty chemicals – Sika, has agreed to buy Adeplast, a Romanian manufacturer of mortars and thermal insulation solutions.  Sika made this latest acquisition to strengthen its position on the local construction chemicals market and also to widen its manufacturing portfolio, according to a company press release: „The improved access to the […]

New EBRD loan for Polish battery factory

The European Bank for Reconstruction and Development (EBRD) offered a long-term loan of EUR 250 million, which will support the build of a giga-factory, located in the Western part of Poland, in the city of Wrocław. LG Chem, one of the world’s leading chemical groups, will build the new factory. Workers at the new facility […]

WITTE Automotive expands Bulgarian factory

One of the leading players in locking systems for the automotive industry, WITTE Automotive, went forward with a necessary strategy to increase its production area. WITTE Automotive Bulgaria almost doubled its production area at the country’s factory, in the city of Ruse. |The company announced this achievement at an official ceremony, with Bulgarian politicians, businesspersons, […]