Nokian Tyres has started construction work on its new tyre factory in Romania, the first unit with zero CO2 emissions in the tyre industry. The total value of the Oradea investment is estimated at approximately €650 million, which makes it one of the largest investments in Romania in recent years. The factory will employ 500 people.
Schneider Electric is investing €40 million in a new smart factory in Hungary. The factory will be net zero. Geothermal energy and rooftop solar will power the site, and Schneider Electric's EcoStruxure energy management solutions will maximize its energy efficiency.
Lidl Romania aims to contribute to the development of sustainable local agriculture by promoting organic farming and regenerative farming practices, which contribute to soil health and biodiversity conservation.
Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.
The financing is for a logistics center in Bydgoszcz developed for a leading e-commerce firm.
The European Commission has given the green light to a €790 million state aid package for Romania.
PPC Group has announced a bold investment plan of €10.1 billion over the next three years.
