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.
Two Romanians were arrested during Sunday night, May 11, after robbing empty houses in the evacuated mountain village of Brienz located in the Swiss canton of Graubünden. The village had been evacuated since November due to rock falls. The locality was, however, monitored by the authorities to prevent break-ins. The would-be thieves apparently tried to […]
The European Bank for Reconstruction and Development, or EBRD, has revised its estimates regarding the evolution of the Romanian economy in 2025 downward to 1.6%. The bank expects Romania’s GDP to grow 0.2% less than the 1.8% estimate made in February, and to increase by 2.4% in 2026. Romania's GDP growth slowed to 0.8% in […]
During a meeting on Monday, May 12, the Cluj-Napoca Local Council approved a draft resolution that imposes smoking restrictions in several public spaces in the city, including public transport stations, parks, and sports facilities. The resolution was adopted with 22 votes in favor and 3 abstentions, and will come into effect 90 days from the […]
An internal survey by Romanian Business Leaders, which does not have national representativeness but was answered by 417 entrepreneurs, shows that 62% of entrepreneurs expect to have to make layoffs, while a third expect the number of employees to remain the same. The expected layoffs are directly connected to the possibility of Romania choosing a […]
Romanian Istvan Kovacs will be the main referee for the UEFA Champions League final between Paris St-Germain and Inter Milan, which will be played on May 31 in Munich. The match will be Kovacs’ third European final in the last 4 years. The 40-year-old referee has previously officiated the UEFA Europa Conference League final in […]
Over 70 museums across Romania will open their doors after hours for the 21st edition of Night of Museums, one of the country's most anticipated cultural events. Held on the night of May 17, the event offers visitors a unique opportunity to explore exhibitions, installations, and creative activities in an unconventional, late-night setting. From major […]
