欧洲FDI新闻

/European FDI News CNS/
19 02, 2019

Renault increases capacity in the production at Mioveni (Romania) and invests 100 million euro.

February 19th, 2019|Investment Project News|

The manufacturing plant for Dacia cars from Renault in Mioveni (Romania) is the most important plant out of  eleven.  Its current production capacity of 335000 cars (annually) will be increased to 400000 units and 100 million euro will be invested; 300 new jobs will be created.

Dacia_Sandero_Ambiance_SCE_facelift_1.0_Front

Source: ro.drivemag.com               February 8th 2019

Author: Andrei Stirbu

Language: Romanian

Picture: Vauxford [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)]  –  https://commons.wikimedia.org/wiki/File:2017_Dacia_Sandero_Ambiance_SCE_facelift_1.0_Front.jpg?uselang=fr

19 02, 2019

MD Electronik (automotive components) opens a new factory in Vratsa (Bulgaria).

February 19th, 2019|Investment Project News|

MD Electronik  MD Electronik is a German supplier of automotive components… in particular data related products such as cables, sensors and electronic equipment. The company has 4900 employees and a turn-over of 391 million euro (2017). Headquarters is located in  Waldkraiburg (German) and  factories are in Czech Republic, China and Mexico.

MD Electronik invests 11 million euro in a new manufacturing facility of 9950 sqm in Vratsa.  The facility will provide for 300 jobs.

 

 

 

 

 

HQ in Waldkraiburg/Germany

Source: investor.bg              January 3th  2019

Author: Петя Стоянова

Language: bulgarian

Google search terms: MD Electronik – Vratsa

Picture: MD ELEKTRONIK [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)] –  https://commons.wikimedia.org/wiki/File:Firmenzentrale_in_Waldkraiburg.jpg

19 02, 2019

Samsung sells seven solar plants in Bulgaria to KGAL (Germany) and Micronix Group (Czechia).

February 19th, 2019|Investment Project News|

KGAL Gmbh and Micronix Group (Czechia) together acquire seven solar plants in Bulgaria (43 MWp in total) from Samsung (Korea) for an amount above 88.9 million $.

solar-farm

The solar plants are located close to Vratsa (2), Letnitsa (3) and Veselinovo (1).  They represent 4.12 % of Bulgarian solar capacity and provide a turn-over of 12.8 million euro.  A new operational entity will be created with a 60% share for KGAL Gmbh.

KGAL Gmbh is an investment company  (Grünwald, Germany) with 335 employees (2016) and an investment portfolio of 22.7 billion euro , mainly in real estate, renewable energy and airplanes.

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Source: businesskorea.co.kr                             January 18th  2019

Author: Jung Min-Hee

Language: english

Google search terms: Micronix Group

Picture:jaidee/CCO Creative Commons/https://pixabay.com/nl/zonne-zonnepanelen-zonne-boerderij-2796471/

18 02, 2019

Aluminium component manufacturer Etem (Bulgaria) invests 30 million euro in extrusion equipment.

February 18th, 2019|Investment Project News|

aluminium door

Etem Bulgaria is owned by Viohalco, a Brussels based manufacturer of aluminium, copper and steel pipes with a turn-over of 3.7 billion euro and manufacturing plants in Bulgaria, Romania, Russia, Greece, Australia, Macedonia, Turkey, UK and The Netherlands. The company invests 30 million euro in new extrusion equipment at Etem Bulgaria and intends to  splitt the company in two entities (extrusion & processing activities). Etem Bulgaria and Spanish “Gestamp Automacion” from an alliance to serve the automotive industry.

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Source:  aluminiuminsider.com                     January 16 th 2019

Author: not available

language: english

Google search terms: Etem Bulgaria

Picture: Jaguar MENA/Attribution 2.0 Generic (CC BY 2.0)/https://www.flickr.com/photos/jaguarcarsmena/12926222225

18 02, 2019

Automotive component supplier Teklas (Turkey) expands in Serbia and invests 11.35 million euro in a new manufacturing facility in Vratsa (Bulgaria).

February 18th, 2019|Investment Project News|

Teklas, full private company with HQ in Turkey (Kocaeli) , is a known supplier of automotive rubber parts for “fluid circulation systems’ with seven manufacturing facilities worldwide, offices in several countries (Germany, France, Bulgary, Serbia, Mexico, China) and 3600 employees. It  has invested 7 million euro in a new manufacturing plant as well as an R&D Center in Kardzhali (Bulgaria) in the past. The company announced additional investments in the factory at Vladicin Han (Serbia) that will create 500 new jobs, as well as the creation of a new factory in Vratsa (Bulgaria) with 500 new jobs (investment: 11.35 million euro). 

Source: just-auto.com              February 11th 2019

Author: Graeme Roberts

Language: english

Google search terms: Teklas

3 02, 2019

February 3th 2019 // How much taxes (direct and indirect) are paid by working people in Belgium ?

February 3rd, 2019|Investment General News|

fotoartikelbelastingen.jpg

A new report  (year 2019) from Corporate Investment Europe  on income in Belgium.

See section “reports from Corporate Investment Europe

or link to

 

http://www.thebestcorporatelocation.com/wp-content/uploads/2019/02/Combiendimpotslessalarieespayentilsenbelgique.pdf

http://www.thebestcorporatelocation.com/wp-content/uploads/2019/02/HoeveelkbelastingbetalendeBelgen.bis_.pdf

Reports in french and duch language

13 01, 2019

Schaeffler (D) establishes a new testing center in Brasov (Romania).

January 13th, 2019|Investment Project News|

Schaeffler Gruppo, a major producer of bearings for the automotive, aerospace and industrial sectors (headquarter: Herzogenaurach/Germany) employs 86000 persons and has a turn-over of 14 billion euro (2016). In Romania the company operates a manufacturing site in Cristian and increases the number of  employees to 5000.  The company produces components for the machine tool industry and car industry and industrial bearings. Additionally, a new testing center (with 160 engineers) has been build in Brasov.

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Source: renewablesnow.com                  October 14th 2018

Author: Nicoleta Banila

Language:  Roumenia

Google search terms: Schaeffler ;Brasov

7 01, 2019

German retailer Kaufland invests 200 million euro in Romania.

January 7th, 2019|Investment Project News|

Kaufland_an_der_Bony-Straße,_Sanok

Kaufland, Sanok, Poland

Kaufland is a German retailer with 1200 retail outlets in Germany, Czech Republic,  Slovakia, Poland, Romania, Bulgaria and Croatia. The company invests 200 million euro (2018/2019) in new (10) and existing outlets in Romania. Kaufland and Lidl are owned by the Schwarz Gruppe(HQ: Neckarsulm/Germany; turn-over year 2017: 97 billion euro).

Kaufland_Prešov_Sekčov_17_Slovakia1 Kaufland, Presov, Slovakia

Source: www.ziaruldeiasi.ro     February  16th 2018

Author: not available

Language: romanian

Google search terms:  Kaufland; 200; Romania

Pictures: Silar [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Parking-Kaufland_an_der_Bony-Stra%C3%9Fe,_Sanok.JPG  –  Ing.Mgr.Jozef Kotulič [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Kaufland_Pre%C5%A1ov_Sek%C4%8Dov_17_Slovakia1.jpg

7 01, 2019

Bosch Gmbh(electronics) expands in Blaj (Romania).

January 7th, 2019|Investment Project News|

Bosch is a private engineering and electronics company with 390000 employees and a turn-over of 78 billion $ (2017). The company is producing electronic components for the automotive sector in Blaj (Romania).   The company invests        7 million euro in a new administrative building  (5700 sqm) and development laboratories on its site in Blaj (Romania).

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Source: adevarul.ro                      May 14th 2018

Author: Dorin Timonea

Language: romanian

Google search terms: Bosch; Blaj

30 12, 2018

DS Smith (corrugated packaging) acquires Ecopack and Ecopaper in Romania for 208 million euro.

December 30th, 2018|Investment Project News|

DS Smith, with HQ at London/UK, is a multinational company in corrugated board and packaging materials with a turn-over of 4 billion pound (2016) and 26000 employees. After having invested in Belgium and Germany, after having acquired Gopaca in Portugal, the company  acquires Ecopack and Ecopaper operations in Romania for 208 million euro. DS Smith already operates a manufacturing plant in Timisoara (Romania).

Source: intellinews.com        March 9th 2018

Author: not available

Language: english

Google search terms:  DS Smith; Romania

30 12, 2018

Polish packaging corporation, Canpack Group, invests 50 million euro in its manufacturing site in Bucharest (Romania).

December 30th, 2018|Investment Project News|

canpack

Canpack, Bydgoszczy, Poland

Canpack Group with a headquarter in Krakow (Poland) is specialized in the production of aluminium packaging for beverages. The company invests 50 million euro in the expansion of its manufacturing facility in Bucharest (Romania). It will enable the production of 1.55 billion units annually.  Ninety new jobs will be created and the total number of employees  in Romania will rise to 250. The company has 3808 employees worldwide (2012) and has manufacturing sites in 18 countries.

Source: Canpack.eu         October 30th 2018

Author: not available

Language: english

Google search terms: Canpack; Bucharest

Picture: Pit1233 [CC0], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Bdg_OsowaGora_Can-Pack_2_5-2015.jpg – Martina Grosty [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Aluminium_Dose.jpg

12 12, 2018

Olympus established a new production line for youghurt in Romania.

December 12th, 2018|Investment Project News|

youghurt

Olympus is a greek dairy producer from Larissa (Greece); the company has factories in Greece, Romania and Bulgaria.  The Romanian factory in Halchiu uses a manufacturing building of 35000 sqm and produces youghurt, milk and cheese. The company invests 20 million euro in Halchiu in a new production line for Greek youghurt.

Source: agroberichtenbuitenland.nl                               August 22th  2018

Author:  not available

Language:  english

Google search terms:  Olympus; 20; Romania

Picture:  Neupaddy; CCO Creative Commons;https://pixabay.com/nl/frambozen-yoghurt-de-natuur-vers-1925178/

11 12, 2018

Dunapack Rambox invests 45 million euro in a new corrugated board manufacturing site in the surroundings of Bucharest (Romania).

December 11th, 2018|Investment Project News|

Danapack is owned by  the Prinzhorn Group (Austria, turn-over 1400 million euro), which is the third largest corrugated board manufacturer in Europe (sales volume: 1.6 billion m2 annually).   Prinzhorn runs 20 manufacturing sites and has  6600 employees in 15 countries .  Danapack runs a factory in Sfantu Gheorghe (Romania) with 250 employees and will construct a second manufacturing site close to Bucharest  with a 27000 m2 building on 17 ha of land. The new site will produce  180 million m2 corrugated board annually.

Corrugated Packaging Boxes Box Cardboard Flutes

Source: magazinulprogresiv.ro    October 4th 2018

Author: de Mihaela Popescu

Language:  romanian

Google search terms: Dunapack; Romania

Picture: Creative Commons zero CCO; https://www.maxpixel.net/Corrugated-Packaging-Boxes-Box-Cardboard-Flutes-2225141

11 12, 2018

Real estate developer, Hagag Group, invests 8 million euro in an office building in the center of Bucharest (Romania).

December 11th, 2018|Investment Project News|

Calea_Victoriei_(2)

Cala Victoriei, Bucharest, Romania

Hagag Group is a real estate developer of Tel Aviv (Israel).   The company invests 8 million euro in the renovation of an office building in the Cala Victoriei  109(Bucharest, Romania), a street in the central historical part of Bucharest. The original facade of the building will be kept and restored. The building will be transformed in modern offices with low energy consumption.

Source: europaproperty.com              July 11th 2018

Author: not available

Language: english

Google search terms:  Hagag Group; Victoriei

Picture: Babu [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons;  https://commons.wikimedia.org/wiki/File:2017_Calea_Victoriei_(2).jpg

10 12, 2018

Dogupress (Turkey) builds a new factory for injector & pump components in Iasi (Romania)

December 10th, 2018|Investment Project News|

Automotive component supplier Dogupres invests 10 million euro in a new factory for the manufacturing of injector- and pump components in Iase, north eastern region of Romania. The headquarter of Dogupres is located in Bursa (Turkey); the company employs 550 individuals and most of the products are exported to 18 countries (Robert Bosch is one of  the clients). Dogupres wants to manufacture as close as possible  to it’s clients and inside the European market.

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Source:ziaruldeiasi.ro                       August 8th  2018

Author: Alex Andrei

Language: Romanian

Google search terms: Dogu Press; Iasi

Picture:Panoha [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Bosch_distributor_injection_pump.jpg

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injectorpump

injector pump

10 12, 2018

GTS Telecom expands it’s data center in Cluj Napoca (Romania).

December 10th, 2018|Investment Project News|

data_center

GTS Telecom, a telecommunications company in Romania, is  expanding it’s data center in Cluj Japoca and invests 310.000 euros. The company owns another data center in Bucharest and is part of GTS Central Europe, a company with headquarter in Warsaw (Poland).

GTS Central Europe has been acquired by Deutsche Telekom in year 2013 for 546 million euro; GTS Central Europe has operations in Romania, Poland, Hungary, Slovakia, Bulgaria, Croatia and Serbia.

Deutsche Telekom’s headquarter is located in Bonn (Germany); the company offers a number of telecom products such as fixed line phone, mobile phone, broadband, digital television, digital media, it services…and has a turn over of 73 billion euro  (year 2016) and 216000 employees.

Deutsche telekom 1Bonn

Deutsche Telekom, Bonn, Germany

Source: comunic.ro              June 14th 2018

Author: not available

Language: romanian

Google search terms:  GTS Telecom; 310000

Pictures: Qualle [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0/)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Bonn_DTAG2.jpg  –  BalticServers.com [GFDL (http://www.gnu.org/copyleft/fdl.html) ou CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], de Wikimedia Commons; https://commons.wikimedia.org/wiki/File:BalticServers_data_center.jpg?uselang=fr

10 12, 2018

Naspers/E Mag (SA) invests 120 million euro in a logistical center for e-commerce in Romania

December 10th, 2018|Investment Project News|

Naspers_Building,_Cape_Town

Naspers (HQ: Cape Town; SA) purchased 70% from E-Mag, an E-commerce company in Romania, in year 2012 and increased it’s stake to 74% in year 2014. Naspers is a “communication company” with activities in the media, internet, e-commerce and gaming (turn-over year 2015: 4.5 billion euro).

E-mag is an  online  e-commerce platform for IT equipment, electronics, home apliances, personal care- and car products, books…. Naspers invests 120 million euro in a new logistical center for E-Mag in Romania.

Naspers holds a stake of 31% in the Chinese company Tencent.

 

 

 

 

 

 

 

 

 

 

Naspers, Cape Town, South Africa     June 19thj 2018

Source: business-review.eu

Author:  Aurel Dragan

Language: english

Google search terms:  Emag; 120; logistic center

Picture:  Self [CC BY-SA 2.5 (https://creativecommons.org/licenses/by-sa/2.5)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Naspers_Building,_Cape_Town.jpg

9 12, 2018

Liberty House (UK) acquires four steel manufacturing sites in Eastern Europe from Arcelor Mittal.

December 9th, 2018|Investment Project News|

ArcelorMittal_Ostrava

Arcelor Mittal Ostrava, Czech Republic

Liberty House  (HQ: London; 4700 employees)  acquires  4 steel manufacturing sites from Arcelor Mittal ( locations: Galati in Romania, Ostrava in the Czech Republic,  Skopje in Macedonia and Piombino in Italy). The invested amount of capital has not been disclosed; the deal is subject to approval by the European Commission.  The company intend to invest an additonal 300 million euro in Galati (Romania).   Liberty House is founded in 1992 in the United Kingdom and owned by Sanjeev Gupta.  The company, manufactures, recycles and trades metals. Liberty House manufactures steel in the USA, UK   and Australia.

Source: Libertyhousegroup.com           October 13th 2018

Author: not available

Language: english

Google search terms:  Liberty House; Galati; Arcelor Mittal

Pictures: Lukáš Mižoch [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)], from Wikimedia Commons;

https://commons.wikimedia.org/wiki/File:ArcelorMittal_Ostrava,_pohled_z_Nov%C3%A9_radnice,_srpen_2011.jpg

9 12, 2018

Austrian cinema corporation, Cineplexx, invests 25 million euro in Romania.

December 9th, 2018|Investment Project News|

Austrian company Cineplexx expands in South Eastern European. The company operates  cinema’s in Serbia, Kroatia, Macedonia, Montenegro, Albania and Slovenia. During the next three years it will establish 8 new cinema’s in Romania (Bucharest, Satu Mare ……..) and will invest 25 million euro. Cineplexx operates 45 cinema’s, out of which 27 are located in Austria.

cinema-1241422_960_720                                                                              popcorn

Source: romania-insider.com                               November 14th 2018

Author: not available

Language: english

Google search terms: 25; Romania; cinemas

Pictures: Michael Gaida/CCO Creative Commons/https://pixabay.com/nl/bioscoop-films-input-posters-1241422/  –  CCO Public Domain/http://maxpixel.freegreatpicture.com/Sweet-Buttered-Cinema-Corn-Movies-Popcorn-Food-155602/

6 12, 2018

Vodafone buys the operations of broadband provider, Liberty Global, in the Czech Republic, Hungary, Romania and Germany.

December 6th, 2018|Investment Project News|

Vodafone is a British telecommunications corporation  with HQ in London,  a turn-over year 2018 of  46.5 billion euro and 111000 employees.  It acquires the operations of Liberty Global in a number of European countries (Czech Republic, Hungary, Romania and Germany), among them UPC Romania.

The invested amount of capital is between 18 and 19 billion euro. Liberty Global is a telecommunications company from Denver (USA) with a turn-over of  15 billion $ (2017) and  26700 employees.

upcromania

UPC Romania

Source: Vodafone.com                   May 9th 2018

Author: not available

Language: english

Google search terms: UPC Romania; Vodafone

Picture: Petrica2000boy [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Sediu_2_small.jpg

6 12, 2018

Phoenix Pharmahandel Gmbh (D) buys “Farmexim” and the farmacy chain, “Help Net”, in Romania.

December 6th, 2018|Investment Project News|

Farmexim is the fourth largest distributor of pharmaceutical products in Romania (800 employees; turn-over year 2016: 400 million euro). “Help Net” is a chain of 220 farmacies in Romania with 1600 employees.  The total value of the acquisition exceeds 100 million euro.  Phoenix Pharmahandel is a leading distributor of pharmaceutical products in Germany ( turn-over : 21.7 billion euro, 33000 employees).  The company has operations in 23 European countries.

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Source: mediafax.ro                      April 23th 2018

Author: not available

Language: romanian

Google search terms:  Farmexim”

6 12, 2018

Mid Europa Partners acquires ‘Urgent Cargus’ (parcel service provider in Romania) .

December 6th, 2018|Investment Project News|

Mid Europa Partners acquires “Urgent Cargus” for an estimated amount of 120 million euros, from  Abris Capital Partners.  Urgent Cargus (established in 1999) is a leading  parcel provider  in Romania  with more than 85000 clients.  Mid Europa Partners  is a private equity player in Eastern Europa with  4.6 billion euro of funds.

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Source: globallegalchronicle.com                     November 16th 2018

Author: Paolo Bossi

Language: english

Google search terms:  Urgent Cargus

6 12, 2018

Erste Group bank (Austria) acquires the stake of SIF Oltenia in Banca Comerciala Romana (Romania).

December 6th, 2018|Investment Project News|

BCR

Erste Group Bank acquires 6.29 % of  Banca Comerciala Romana from  SIF Oltenia and owns at this moment 100% of the Romanian bank.  Erste Group Bank is a large provider of financial services in Eastern Europe with more than 15 million clients.  Banca Comerciala Romana (BCR) is the largest bank of Romania in terms of assets, clients and savings.

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Source: erstegroup.com                  June 25th 2018

Author: not available

Language: english

Google search terms: SIF Oltenia; Erste Group

Picture: Britchi Mirela [CC BY-SA 3.0 ro (https://creativecommons.org/licenses/by-sa/3.0/ro/deed.en)], de Wikimedia Commons;  https://commons.wikimedia.org/wiki/File:Bucuresti,_Romania,_Piata_Universitatii,_BCR,_B-II-m-A-18675,_(Dec._2013)_(3).JPG?uselang=fr

6 12, 2018

Romanian software corporation, Uipath, raises 225 million $ to fund its very fast growth.

December 6th, 2018|Investment Project News|

Uipath , start-up (year 2015)  from Boucharest -Romania,  but with HQ in New York, develops software for   “artificial intelligent automation systems”  for industry and corporations. The company is growing quickly and raised its turn-over  from 1 million to 100 million $ in only 21 months.  The company received its first  seed funding of 1.6 million $ in 2015 and only three years later Capital G (financed by Alphabet Corporation, mother of Google)  and Sequoia (both American Venture Capital companies) invest 225 million $.  Uipath  is one of the fastest growing software companies worldwide and has 1800 customers on all continents, adding 6 each day.

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Source: uipath.com                    September 18th 2018

Author: not available

Language: english

Google search terms: Sequoia; Capital; Uipath

6 12, 2018

Advent (USA) acquires Zentiva, the manufacturer of generic pharmaceuticals, for 1.9 billion euro.

December 6th, 2018|Investment Project News|

Zentiva,_Prague_Dolní_Měcholupy

Zentiva HQ Prague, Czech Republic

Sanofi is the fifth largest pharmaceutical group in the world ( turn-over 2017: 35 billion euro; 100.000 employees; HQ:Paris) and the  number one in vaccines worldwide.

Zentiva, the manufacturer of  generic pharmaceuticals from Sanofi, with activities in the Czech Republic, Romania and Turkey ( 6500 employees in year 2010).

Zentiva has been acquired by  Advent International (an American private equity firm  with HQ in Boston , offices in  12 countries and  34 billion euros investments) for 1.9 billion euro.

Source: Capital.fr               June 28th 2018

Author: not available

Language: french

Google search terms: Zentiva; Sanofi

Picture: Packa [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], de Wikimedia Commons;  https://commons.wikimedia.org/wiki/File:Zentiva,_Prague_Doln%C3%AD_M%C4%9Bcholupy.jpg?uselang=fr

6 12, 2018

Al Dahra fund (UAE) acquires the largest farm of Europe, Agricost Braila (Romania).

December 6th, 2018|Investment Project News|

Agricost Braila, with 57000 ha land the largest farm of Europe, is located on the shores of  the river Danube in Romania and holds  arable land of the very best quality (18000 ha wheat, 11000 ha of mais and 10000 ha of soja).  The farmland has 1362 km of canals to provide water to the land and the farm has a turn-over of 71 million euro and has 830 employees.  Al Dahra fund from UAE has acquired the farm for 230 million euro.

800px-Armenia_-_Terrestrial_Paradise_

Source: business-review.eu                    February 7th 2018

Author: Razvan Zamfir

Language: english

Google search terms: Al Dahra; Romania

Picture: Rita Willaert [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0) or CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Armenia_-_Terrestrial_Paradise%3F.jpg

6 12, 2018

Warehouses De Pauw (Belgium) expands logistic operations in Romania.

December 6th, 2018|Investment Project News|

Logistics real estate investor, WdP, becomes one of the most important players in Romania and  owned over 430.000 m2 of logistical facilities in the country recently.  It has purchased facilities in the logistical centers of Cluj-Napoca, Braşov and Timişoara. It will invest another 75 million euro in the development of additional facilities : 80,000 m2 in Stefanii  de Jos, 33,000 sq m  (acquisition) located in Cluj-Napoca and another 20,000 sqm for a brewery in the same location. The company owns facilities in The Netherlands, Belgium, France and Romania.

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Source: Seenews.com       October 1th 2018  Author: Nicoleta Banila

Source: Profit.ro                November 27th 2018

Source: Detijd.be              Jan 10th 2018

Language: english, Romanian

Google search terms: De Pauw; Roumenie

6 12, 2018

Ford invests another 201 million euros in its assembly plant at Craiova (Romania).

December 6th, 2018|Investment Project News|

Ford_Ecosport_ST-Line_TDCi_1.5

Ford Ecosport

Sofar (since year 2008)  Ford has invested 1.5 billion euros in its assembly plant at Craiova (Romania) and will invest another 201 million euros. Number of new jobs that will be created: 1500.  At this moment the Ford Ecosport automobile is assembled at this location.   Ford is an automobile manufacturer from Dearborn, USA (Turn-over 2017: 157 billion $;  employees: 202.000).

Source: eu.detroitnews.com                  May  22th 2018

Author: not available

Language: english

Google search terms: Ford; Romania; investment

Pictures: By Dave Parker – Own work, CC BY 3.0, https://commons.wikimedia.org/w/index.php?curid=2954149  –  Vauxford [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons, https://commons.wikimedia.org/wiki/File:2018_Ford_Ecosport_ST-Line_TDCi_1.5.jpg

6 12, 2018

Logistics operator, H Essers (Belgium) expands in Boucharest (Romania).

December 6th, 2018|Investment Project News|

HEssers

H Essers is expanding  (investment: 15 million euros) its  110000 m2 facility in Boucharest (Romania) with another 150000m2 and opens a new warehouse of 10000 m2. It will serve as a main hub in South East Europe and cover hazardous products and pharmaceuticals. The  number of employees will be increased from 180 to 285 individuals. Currently the company employs 650 individuals (mostly truck drivers)  in the whole of Romania.

H Essers (HQ: Genk-Belgium;  6270 employees; turn-over: 646 million euro in the year 2017) operates 17  service locations worldwide  and is  serving the chemical industry predominantly.

Source: essers.com                  October 3th 2018

Author: not available

Language: english

Google search terms:  Essers; Boucharest

Picture:Paul Evans, Creative Commons Attribution 2.0 Generic (CC BY 2.0), https://www.flickr.com/photos/paulsairliners/10026589056

3 12, 2018

ABB Group expands the manufacturing of “products for electric low voltage connections” in Bulgaria.

December 3rd, 2018|Investment Project News|

ABB Group is a Swedish/Swiss manufacturer of products for electric power grids, automation and robotics with  147000 employees and a turn-over of  34.3 billion $ (2017; HQ: Zurich, Switserland).  The company is well established in Bulgaria with operations and manufacturing sites in Petrich, Rakovski, Sevlievo and Sofia and employs 2700 persons in this country. ABB invests  4.2 million $ in a 7400 m2 facility in Petrich for the production of products for electric low voltage connections.  420 New jobs will be created.

Petrich_izgled

Petrich, Bulgaria

Source: new.ABB.com      September 19th 2018

Author: not available

Language: english

Google search terms: ABB; Bulgaria; 7

Picture:Vasilmitov [CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Gr_Petrich_izgled.jpg

30 11, 2018

Latecoere(Fr) starts the manufacturing of airplaine parts in Bulgaria.

November 30th, 2018|Investment Project News|

The manufacturer of airplanes, Latecoere, has been established in Toulouse (France) in year 2017. The company was well known for its hydro-airplanes. Today it provides an  employment to 4451 individuals and has a turn-over  of 652 million euro. Latecoere manufactures components from airplanes, mainly from Airbus (A350, A380, A400M), but also  from Boeing and Embraer (electric cabinets, doors).

hydroairplane

Latecoere invests 15 million euro in a new manufacturing plant for parts of airplanes (doors..) in Plovdiv (Bulgaria). Within the next two years a 9000 m2 hall will be constructed, to provide a job to 150 individuals.

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Source: latecoere.aero                   March 2018

Author: not available

Language:  french

Google search terms: Latecoere; Plovdiv

Picture: No machine-readable author provided. Arnaud 25 assumed (based on copyright claims). [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0/)], via Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Hydravion_biplan_lac_de_Come.JPG

30 11, 2018

Coca Cola opens a new IT Service Center at Sofia (Bulgaria) for its EMEA operations.

November 30th, 2018|Investment Project News|

Coca cola opens a new IT service center for its sister companies in Europe & Middle East and Africa. It will provide a job to 130 IT experts. IT ser

Coca cola has additional IT service centers in USA, Mexcio and Singapore.

180px-cocacolabottle_background_free

Source: novinite.com              March 15th 2018

Author: not available

Language: english

Google search terms: Coca cola; Bulgaria

Picture: Hariadhi; the Creative Commons Attribution-Share Alike 3.0 Unported; https://commons.wikimedia.org/wiki/File:CocaColaBottle_background_free.jpg

30 11, 2018

Chinese “Cenntro Automotive Corporation” starts the production of an electric utility car in Bulgaria.

November 30th, 2018|Investment Project News|

Cevic E-mobility  (Luxembourg) and Chinese company ‘Cenntro Automotive Corporation’, invest 10 million euro in Plovdiv (Bulgarie) for the assembly of  electric utility vehicles and the manufacturing of components. Three hundred jobs will be created in the next coming years.

Cenntro Automotive Group is a  company  with an automotive platform “Co-op” providing electric vehicle technology, research & development, and supply chain service.   The company, is vertically integrated in  development, construction and commercialisation of  electric vehicles.  The  company partners with owners of  car-assembly facilities in California and Texas, three local assembly facilities in Asia, and one in (Germany).

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Source: intellinews.com                July 13th 2018

Author: not available

Language: english

Google search terms: Cenntro Motor Corporation ; Bulgaria

29 11, 2018

German software company, Devexperts, opens new R&D center in Sofia (Bulgaria).

November 29th, 2018|Investment Project News|

Devexperts Gmbh (HQ: Munich, Germany) provides software for capital markets (brokers, wealth management companies, stock exchanges…). The company runs operations in Munich, Antalya and Porto and has 400 employees. The invested amount of capital has not been disclosed.

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Source: novinite.com                        August 30th 2018

Author: not available

Language:  english

Google search terms:  Devexperts, research and development, Bulgaria

29 11, 2018

Britisch American Tobacco (BAT) invests 800 million euros in Romania

November 29th, 2018|Investment Project News|

After having invested  22 million euro’s in the manufacturing facilities for less toxic ‘vapor cigarettes’ (GLO) in Ploiesti (Romania) in the year 2017, and after a successfull introduction on the Romanian market with sales to 25000 customers in 6 months, the company upgrades investments and will invest 800 million euros in the next five years at Ploiesti. A new manufacturing hall from 7000 m2 will be constructed.

In 2017, less toxic e-cigarettes accounted for 500 million pound of sales (including Reynolds American in the USA); this should grow to 5 billion pounds in year 2020.

Turn-over of BAT in year 2017: 20 billion pound (pound/euro : 1.12).

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Source: bat.com      June 11th 2018

Author: Joanne Walia

Language: english

Google search terms: BAT, GLO

29 11, 2018

Blaser Group (D) invests 7.5 million euro in a new manufacturing plant for hunting rifles in Bulgaria.

November 29th, 2018|Investment Project News|

Gabinvest, a company from the Blaser Group (Germany, HQ: Isny) invests 7.5 million euro in a new manufacturing plant at Gabrovo (Bulgaria) for the production of hunting rifles. The Bulgarian group has a turn-over of 5 m euro (currently hiring another 25) and is producing the products for sales  under known brands “Blaser, Sauer & Sohn, Mauser, and SIG SAUER.” by other companies from the group.

The Blaser Group employs 350 persons and is owned by L&O holding (HQ: Emsdetten, Germany, 2300 employees).  The holding produces rifles and textiles.

blaser

Source: euscoop.com

Author: Petya Petrova

Language: english

Google search terms: Gabinvest; Gabrovo

Picture:Vitaly V. Kuzmin [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0) or CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons; https://commons.wikimedia.org/wiki/File:ARMS_%26_Hunting_2012_exhibition_(474-02).jpg

29 11, 2018

Festo Gmbh (Germany) expands manufacturing of ‘stepper and servo electric motors’ in Sofia (Bulgaria).

November 29th, 2018|Investment Project News|

festohq       Festo2

Festo HQ  Esslingen am Neckar                                                                                       Birmingham 2015

Festo is a German engineering company in industrial automation. The company employs 20100 persons worldwide and has a turn-over of 3.1 billlion euro (2018). It is serving 300.000 customers in 176 countries.

Festo is present iin Sofia (Bulgaria) since the year 2015.  It is investing 25.6 million euro in expanding manufacturing facilities in Sofia for the production of ‘stepper and servo electric motors’.  Currently there arre 1000 persons employed in Sofia and this will rise to 2000.

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Source: investor.be        October 31th 2018

Author: Boicho Popov

Language:  Bulgarian

Google search terms: Festo; Sofia

Pictures: Hans; CCO Creative Commons;https://pixabay.com/fr/festo-si%C3%A8ge-de-l-entreprise-b%C3%A2timent-1077264/  –  Find a future; Attribution 2.0 Generic (CC BY 2.0); https://www.flickr.com/photos/131385464@N05/22772905619

28 11, 2018

Volvo opens new sales & service centers for trucks in Bulgaria.

November 28th, 2018|Investment Project News|

 volvo4     volvo3      Volvo2      volvo1

Volvo_Truck

Volvo already has sales and services centers for its trucks at Sofia, Plovdiv, Varna and Bourgas. The company will invest 1.5 million euro in a new service and sales center in Plovdiv and another one in Veliko Tarnovo.

Volvo Group predominantly is a manufacturer of trucks and buses (HQ: Gothenburg, Sweden; turn-over 2017   : 94 billion euro; employees: 94900).

Source: seenews.com      June 26th 2018

Author: not available

Language: english

Google search terms: Volvo, Bulgaria, 1.5

Pictures: Makizox [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:2017_Volvo_S90_Momentum_D4_Automatic_2.0_Front.jpg  –  nakhon100 [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Volvo_240_GL_(8106080227).jpg?uselang=fr  –  John K Thorne Photo; Attribution 2.0 Generic (CC BY 2.0);https://www.flickr.com/photos/89918055@N05/24487098929  – Mr.choppers [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], from Wikimedia Commons;https://commons.wikimedia.org/wiki/File:1954_Volvo_PV444_HS_rear_side.jpg  –  Frank Schwichtenberg [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Volvo_Truck_%E2%80%93_Discomove_Hamburg_2015_01.jpg

28 11, 2018

Archer Daniels Midland (Amylum) invests 102 million euro in starch and sugar manufacturing in Bulgaria.

November 28th, 2018|Investment Project News|

Amylum Bulgaria, starch and sugar manufacturer from Archer Daniels Midland (USA) invests 102 million euro in its site in Razgrad (Bulgaria). The company creates 300 new jobs and will be able to process 900.000 tonnes of maize per year.  Archer Daniels Midland is a food processing company from Chicago with 32200 employees and a turn-over of 62.3 billion $ (2016).

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Source: seenews.com         April 27th 2018

Author: Ivaylo  Mihaylov

Language: english

Google search terms:  ADM; 102;Bulgaria

28 11, 2018

Reichle expands manufacturing of cables for communication networks in Bulgaria and invests 2.55 million euro.

November 28th, 2018|Investment Project News|

Reichle is a Swiss manufacturer of cables for communication networks with headquarter in Wetzikon (Switserland).  The company employs 1050 persons in 40 countries and has a turn-over of 199 million euro (2017).  Reichle employs 350 persons in Bulgaria and 100 new jobs will be created.

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Source: seenews.com                  July 4th 2018

Author: not available

Language:  english

Google search terms:  Reichle ; Bulgaria

28 11, 2018

Chinese airport management group, HNA, acquires a 35 year operational license at the airport of Plovdiv (Bulgaria).

November 28th, 2018|Investment Project News|

Plovdiv_airport_-_New_terminal_building   Plovdiv_Airport.2

Airport of Plovdiv; Bulgaria

HNA  Airport Group (Haikou, China; turn-over  year 2015: 0.78 billion euro) is a Chinese airport management group which operates  16 airports.  Together with  Plovdiv Airport Invest bv (The Netherlands) it has secured a 35 year operational concession at the airport of  Plovdiv (130 km from Sofia in southern Bulgaria). The company will invest 160 million euro in airport infrastructure the coming years.

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Source: intellinews.com            May 20th 2018

Author: not available

Language: english

Google search terms: HNA; Plovdiv airport

Pictures: Gad222 [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons;  https://commons.wikimedia.org/wiki/File:Plovdiv_airport_-_New_terminal_building.jpg  –  Fly energy [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0) ou GFDL (http://www.gnu.org/copyleft/fdl.html)], de Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Interior,_new_terminal_at_Plovdiv_Airport.JPG?uselang=fr

28 11, 2018

Thomas Cook invests 40 million euro in hotels in southern Europe.

November 28th, 2018|Investment Project News|

Thomas_Cook_Shop

The Thomas Cook Group is a London based travel company listed on the London Stock Exchange. The group own tour-operators, airlines and hotels. It operates more than 200 hotels (40000 beds)  and which are commercialised under different brands for different market segments (Casa Cook, Cook’s Club, Santido, Sun Connect and Sunprime).

Together with the real estate group, LMEY Group, Thomas Cook invests 40 million euro debt (predominantly from the Pireaus Bank) into  the renovation of a number of self-owned hotels and the acquistion of  others in Greece, Spain, Turkey, Italy, Egypt and Bulgaria. It is investing 7 million euro in the Sunwing  Kallithea hotel in Rhodos and opening a new Casa Cook hotel in Ibiza.  Renovation into a new stylish brand will attract new tourists.

LMEY Investments is a real estate company with headquarter in Zug (Switserland; year 2002).

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Source: hotelmanagement.net          Okctober 30th 2018

Author: Jena Tesse Fox

Language: english

Google search terms: Thomas Cook ; 40 million

Picture: Jan Hagelskamp1 [CC BY 4.0 (https://creativecommons.org/licenses/by/4.0)], from Wikimedia Commons;  https://commons.wikimedia.org/wiki/File:Thomas_Cook_Shop.jpg

28 11, 2018

Cybersecurity company, Acronis, invests 50 million euro in Sofia (Bulgaria).

November 28th, 2018|Investment Project News|

Acronis , a  private cybersecurity company,  provides data-center services and sells backup software, disaster recovery, and secure data access systems to consumers and  small-medium businesses.  The company has been created in Singapore (year 2003) and has its headquarter in Schaffhausen (Switzerland). Acronis is present in 18 countries and has more than 1000 employees. worldwide. It is employing 30 persons at this moment in time at Sofia (Bulgary; San Stefano Plaza; St Stefano Street Sofia), and with a new investment of 50 million euro , the number of employees in Sofia will gradually be increased to 300 and a new R&D center will be created. Worldwide the company has more than 5 million individual customers and 0.5 million business customers.

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Source: iteuropa.com           October 16th 2018

Author: John Garratt

Language: english

Google search terms:  Acronis; Bulgaria; R&D

26 11, 2018

Status of foreign investments in Belgium (11/2018).

November 26th, 2018|Investment General News|

Status of foreign investments in Belgium (11/2018).

Many expansions but few greenfield investments with high added value.

Dr L Huybrechts

Corporate Investment Europe

Foreign investments in BelgiumQ42018

  • Sofar, a record amount of expansion investments in year 2018 (3 billion euros) in times of economic boom.

  • The chemicals sector receives the largest part, even more than before; other sectors with an above average number of investments: logistics, food, steel, retail, energy.

  • Not the best year for expansions in the pharmaceutical sector, but Pfizer is an exception.

  • Many acquisitions, especially in the chemicals- and pharmaceuticals sector, including some large purchases by Aramco, Sanofi, Takeda and Bayer.

  • Much more expansions than real greenfield investments. Belgium receives small- and some medium-sized greenfield investments, but virtually no greenfields with high economic value, due to high operational costs in this region.

  • Remaining opportunities for greenfield investments in … retail, logistics, food, port bound activities, chemistry and high tech start-ups.

  • Ports are the most important investment locations (Antwerp, Zeebrugge, Ghent).

  • The contribution from the ‘secondary sector’ (industry and construction) to GDP (Gross Domestic Product) has been halved during the last 55 years and the downward trend is still ongoing.

  • Future prospects: Belgium is expected to receive a good amount of FDI investments for another one or (maximum) two years, but as from year 2020 a downward trend is likely to happen due to a  shift in the economic cycle and due to a decline in  FDI investments from the (sofar) largest supplier (USA). The US investments will  decline as a result of a shift in the American economic cycle, the evolution of US interest rates with it’s impact on the value of the dollar, the large foreign debt of the US and the declining international appetite for  American treasuries. Due to the long-term shortage of FDI investments with a large added value in Belgium, the contribution of the industrial sector (including construction) to the GNP will continue to decline from the current level (20%) to 15% before stabilizing by strongholders such as chemicals, pharmaceuticals and logistics. The Chinese prefer to invest in acquisitions and, as far as  greenfield investments are concerned, in the logistics sector. The relative importance of Asian investments will continue to rise. As to  greenfield investments and acquisitions they already are more important than American investments.

….Further details in ‘News &  Information’   and  section   ‘Reports from Corporate Investment Europe’….

31 10, 2018

DHL opens a new logistical center at the airport of Sofia (Bulgaria)

October 31st, 2018|Investment Project News|

dhl

DHL opens a new logistical center at terminal 2 of the Sofia airport (Bulgaria).  The new building of 10000 sqm will provide housing to 300 employees and will contain state-of -the-art sorting equipment  similar to the ones in other distribution centers of DHL (Leipzig (Germany), Brussels (Belgium), East Midlands (UK), Bergamo (Italy), Cincinnati (USA), Hong Kong (China)). Sorting capacity is 3000 shipments per hour. The invested amount has not been disclosed.

Sofia-airport3                Sofia_Airport2        sofia airport1

Sofia airport (Bulgaria)

Source: Novinite.com        October 18th 2018

Author: not available

Language: english

Google search terms: DHL; Sofia

Pictures: By Adrian Pingstone [Public domain], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Dhl.a300b4.oo-dlz.arp.jpg  –  Par Gpetrov [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], de Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Sofia-airport-morning.jpg?uselang=fr  –   Pascal Reusch;Creative Commons Attribution-Share Alike 3.0 Unported; https://uk.wikipedia.org/wiki/%D0%A4%D0%B0%D0%B9%D0%BB:Sofia_Airport.jpg  –  By Apostoloff [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Inside_Sofia_Airport_20090409_018.JPG

31 10, 2018

230.5 million euro FDI-investments during the first 8 months of 2018 in Bulgaria.

October 31st, 2018|Investment General News|

On October 19th  2018,  the National Bank of Bulgaria reported that 230.5 million euro investments had been announced  from January to August 2018 in Bulgaria. This compares with a result of 812 million euro over the same period in the year 2017.

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Source: Belkaneu.com               October 19th 2018

Author: Clive Leviev Sawyer

Language: english

Google search terms: FDI Bulgaria; 2018; 230.5

31 10, 2018

IT consulting provider Helecloud gets 2.3 million euro to boost growth (Sofia, Bulgaria).

October 31st, 2018|Investment Project News|

The IT technology consulting provider Helecloud started up in Maidenhead (UK, 2016). It runs operations in Sofia with 50 persons. BGF, a mid size venture capital firm from the United Kingdom  (with investments in 239 companies), has provided 2.3 million euro to Helecloud to accelerate the company’s growth in Europe.

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Source: Euscoop.com              October 11th 2018

Author: Petya Petrova

Language: english

Google search terms: Helecloud; Sofia

31 10, 2018

Internet service provider, Equinix, opens its second data center in Sofia (Bulgaria).

October 31st, 2018|Investment Project News|

Equinix is a corporation from Redwood City (California) that establishes data centers and provides services for internet connection (turn over  2017: 4.4 billion $; 6200 employees).  They operate 180 data centers on all continents.  Equinix invests 19 million $ in a second data center at Sofia (Bulgaria).

Equinix franfurt                                           Sofia

Equinix Data Center, Frankfurt, Germany                                                                                                                                                                                 Sofia, Bulgaria

Source: datacentrenews.eu             October 4th 2018

Author: Ashton Young

Language: english

Google search terms: Equinix; Bulgaria

Pictures: By Simsalabimbam [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Equinix-Kruppstrasse-2015-Ffm-661-663.jpg  –  By Boby Dimitrov from Sofia, Bulgaria (Downtown Sofia) [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Downtown_Sofia_Boby_Dimitrov_1.jpg

31 10, 2018

Car equipment manufacturer, Voss Gmbh, invests 15 million euro in a new manufacturing plant at Bahovitsa (Bulgaria).

October 31st, 2018|Investment Project News|

Voss Gmbh is a German manufacturer of car equipment such as exhausts, fuel and hydrolic systems (HQ: Wipperfurth-Germany; turn-over 2017: 545 million euro; 5100 employees). Volkswagen AG is one of their main customers. The company invests 15 million euro  in an industrial zone at Bahovitsa (central north Bulgaria) and rents  12225 m2.

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Source: Euscoop.com          October 9th 2018

Author: Alex Dimchev

Language: english

Google search terms: Voss automotive; Euscoop

29 10, 2018

Nestle invests 2.3 million euro in its manufacturing food plant in Sofia (Bulgaria).

October 29th, 2018|Investment Project News|

Nestle_building_in_Lyulin_district,_Sofia,_BG

Nestle, Sofia, Bulgaria

Nestle Sofia (Bulgaria) invests 2.4 million euro in projects to increase labor productivity, energy efficiency and the development of new products.  Over the years the company has spend 130 million euro at this location.  The company offers a variety of products: coffee, culinary products (under the brand “Maggi”), chocolate desserts, baby food, pet food, cereal and coffee machines. With a marketshare for coffee of 40.6% Nestle is the marketleader in Bulgaria.  It is second in chocolate desserts (15.5%) and pet food (23.3%). The company produces 15000 tonnes per year of animal food (KitKat), mainly for export.

Turn-over 2017 of Nestle Bulgaria is 129 million euro.

Swiss based Nestle is the largest food company in the world (HQ: Vevey Switzerland; turn-over 2017: 89 billion swiss francs; 323000 employees).

Nestle_Hauptsitz_03

Nestle HQ Vevey Switzerland

Source: euscoop.com   April 24th 2018

Author: not available

Language:  english

Google search terms: Nestle; invest; Bulgaria

Picture: By Vasilcho [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Nestle_building_in_Lyulin_district,_Sofia,_BG.JPG  –  By Nestlé (Aerial shot of Nestlé HQ) [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons; https://commons.wikimedia.org/wiki/File:NestleHQ.jpg

29 10, 2018

Mondi Group invests 600 million euro in a new plant for paper and packaging in Bulgaria.

October 29th, 2018|Investment Project News|

Mondi_Frantschach_Zellstoff-_und_Papierfabrik,_Bezirk_Wolfsberg,_Kärnten

Mondi Frantschach Zellstoff- und Papierfabrik im Bezirk Wolfsberg, Kärnten, Austria

Mondi Group has its roots in South Africa. It is an international packaging and paper group with 26000 employees and 100 manufacturing sites in 30 countries  (turn-over 2017: 7 billion euro). The company is fully integrated from paper and pulp into packaging and corrugated board.

Mondi Group invests  600 million euro in a new factory in Stamboliyski (Bulgaria).

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source: novinite.com               April 16th 2018

Author: not available

Language:  english

Google search terms:  Mondi; 600; Bulgaria

Picture: By Naturpuur [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)], from Wikimedia Commons; https://commons.wikimedia.org/wiki/File:Mondi_Frantschach_Zellstoff-_und_Papierfabrik,_Bezirk_Wolfsberg,_K%C3%A4rnten.jpg