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Technology and Automation

Traxens becomes part of digital ports project

Traxens, known for its high-value data and services for the supply chain industry, has become part of the European DataPorts project. Set to last three years, the European DataPorts project will require investments of 6.7 million EUR, with most of it coming from the European Union (5.7 million EUR). The Technological Institute of Informatics (ITI) from […]

Romanian market ready for new Kärcher investment

The German group Kärcher in ready to build a second factory in Romania, after announcing plans to invest several million EUR in this project. With a focus on building vacuum cleaners, Kärcher already has a presence on the Romanian market, thanks to its factory in Curtea de Argeș (a city near Pitești and approximately 153 […]

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 […]

Blockchain technologies keeping data safe!

Logistics is experiencing a worldwide evolution, in terms of using advanced technologies to make day-to-day operations easier.   One of the most important aspects of any successful business is the efficient exchange of information, according to several expert opinions. Eliminating paper documents and digitizing them across the network results in less time spent processing data […]

Lufthansa invests over 100 million EUR in Hungary

Lufthansa Technik is planning to build a center for aircraft engines repair and maintenance in the Hungarian town of Miskolc. The new building will receive Lufthansa planes, as well as those of other airlines. The company, which is part of the Lufthansa Group, a well-known German aviation name, specializes in airplane engine construction, as well […]