Germany’s Corratec group will start manufacturing bicycles in Timisoara in 2022, where it wants to employ 300 people within two years. The group will assemble 300,000 vehicles a year here.
Adrian Cocan, founder of Agroserv Mariuta, the company owning the Laptaria cu Caimac brand, with RON49 million turnover in 2020 and around 200 employees, says he plans to take his products to Germany, Austria, Switzerland, Benelux.
Germany’s fashion retail group Anson's, which operates large multibrand stores, will enter Romania with a store in the ParkLake mall in Bucharest, market sources say.
Germany’s DKV Mobility and Smart Diesel have announced completion of the deal whereby the former took over the latter, one of the largest entrepreneurial fuel businesses in Romania.
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group with global revenue of EUR12.6 billion, plans to inaugurate in 2021 a new production unit in Brasov (central Romania), which will add to the five existing production units, and to the existing R&D campus, made up of engineering and testing centers.