The construction materials producer, Holcim, invested over 25 million euros to increase the production capacity of the cement factory in Campulung Muscel.According to a press release of the company sent on Friday, the investment comes 15 years after the implementation of another major project to renovate the factory, worth over 100 million euros.The purpose of the investment in Campulung Muscel is to address the existing need for cement on the construction market in Romania, but also to strengthen Holcim's efforts to have sustainable operations, by streamlining the logistics process and reducing the volume of CO2 emissions from long-distance transport of construction materials."Campulung cement factory directly supports, through its employees, more than 200 families from this area and, indirectly, another 200 families through local contractors and suppliers. At the same time, it is an important nucleus for the development of the local community in the Campulung area, through social responsibility projects sustained over time. And each investment in the Campulung factory represents a source of pride and motivation for those in the towns surrounding the factory. The Campulung cement factory is among the top Holcim operations in global level in terms of the performances and technologies implemented in the Plants of Tomorrow project dedicated to automation, digitization and the development of sustainable operations", the press release informs.Since taking over the activity in Romania, in 1997, and until the end of 2022, Holcim has invested over 900 million euros and transformed operations into more sustainable and safer ones for employees.The Holcim Romania group of companies includes Holcim Romania (two cement factories in Campulung Muscel and Alesd, a grinding station, 28 concrete stations, four aggregate stations, two special binder stations, three cement terminals, three work points for waste pre-treatment - through Geocycle) and Somaco Grup Prefabricate.In total, the Holcim Romania Group has approximately 2,000 employees.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
