First factory inaugurated in Veresti, Suceava county in 1999 Company business has grown four times in last 10 years Investments of about 50 million euros in the largest pavement and tiles factory in SE Europe. Symmetrica, the leader of the local tile market has constantly developed in its 30 years of activity, benefitting from national coverage by means of its ten production units. The company announced an investment of 50 million euros in the largest concerete tile factory in South-Eastern Europe. Symmetrica investments in its 30 years of activity exceed 135 million euros, of which 110 million euros were in the nine concrete tile factories and 25 million euros in the industrial equipment factory. The company was set up in 1994, its main activity object being manufacturing and selling concrete tiles for constructions. Its own factory opened in Veresti, Suceava in 1999 and its production capacity expanded five years later. Over 2010-2012, the company built four factories at Podu Iloaiei, Iasi county (2010), Bolintin Vale Giurgiu (2011), Prejmer Brasov and Cociu Bistri?a-N?s?ud (2012), while in 2015, the Symmetrica brand went through an ample repozitioning process. The expansion continued in 2018, when Symmetrica took over Somaco Holding factory in Doaga, Vrancea county and invested in the development of production capacities. The network was later completed with other factories, at Zimandu Nou, Arad (2021), Solca, Suceava (2022) and Ovidiu, Constanta (2023). The activity of Symmetrica Tech factory focuses on design, manufacture and processing of metal parts for industrial equipment in varied domains such as naval, air and car fields, as well as in building material industry. Investments recorded a constant sales progress, the company business figure recording a continuous increases from 68.1 million lei (15.4 million euros) in 2013 to 260 million lei (53.5 million euros) last year. Of the specialized market, about 40% of production volumes went to infrastructure projects, while 25% went to logistic and industrial ones. The residential segment, including building materials and DIY stores represent 35% of overall sales.
Localities in six counties were affected by floods and storms on Sunday, July 27, but the hardest-hit were those in north-east Romania, specifically in the Suceava and Neamț counties, where precipitation caused rivers to swell out of control. On Sunday, the National Institute of Hydrology and Water Management (INHGA) issued a red alert for rivers […]
Hoghilag - Land of Tuberoses, an event highlighting the tuberose gardens in the commune of Hoghilag, in Sibiu county, will take place on the weekend of August 9 – August 10. Besides exploring the tuberose gardens during guided tours, visitors can also attend a fair of traditional local products and a truffle hunt in the […]
Deputy prime minister Dragoș Anastasiu announced his resignation from office on Sunday, July 27, after it was revealed that he was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. The former official said he […]
Romanian president Nicușor Dan denied claims by Russia that Ukrainian fighter jets were granted permission to fly over Romanian territory, calling the accusations "completely false", Agerpres reported on July 25. The president stated he had full access to all relevant information and confirmed that no...
The Polish group Green Factory, which produces salads for retail and HoReCa, entered the Romanian market through the acquisition of the Eisberg factory in Bucharest, Ziarul Financiar reported on July 28. Eisberg is the largest producer of convenience salads (fresh, pre-washed, and packaged) locally, operating...
Korean investment fund DS Private Equity is expected to join Romania’s small modular reactor (SMR) project at Doicești as an equal partner, taking a 33% stake in the project company RoPower Nuclear, Economica reported on July 28. The remaining shares would...
