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  • HIDROELECTRICA - The most profitable state-owned company - Industry Journal
    profitable state owned company March 6 2015 Leave a Comment Hidroelectrica ended the financial year 2014 with the highest turnover in company history 3 4 billion lei the highest ever recorded profit of 1 2 billion lei and lowest price of production in the last 5 years 108 lei MWh In 2014 Hidroelectrica recorded the best financial performance in Europe with a share of net profit in turnover of 35

    Original URL path: http://industryjournal.eu/news/hidroelectrica-profitable-state-owned-company.html (2016-05-01)
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  • ETI builds a biscuits plant in Craiova - Industry Journal
    2014 Leave a Comment ETI one of the biggest food industry companies in Turkey will invest 40 million in Craiova in its first plant located abroad a plant that will open in October 2015 and will produce biscuits and cookies We have oriented the investment towards Romania because of the goo d market conditions the advantages of its location in the region the l ogistics and the country s economic

    Original URL path: http://industryjournal.eu/news/eti-builds-biscuits-plant-craiova.html (2016-05-01)
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  • Broadhurst Industrial Management - Industry Journal
    in modern plastics Carboplak an important company in New Century Holdings Portfolio is the first Romanian producer of polycarbonate Having an experience of over 25 years in the construction of plastic parts and machinery composite materials and polyester resins reinforced with fiberglass and carbon fiber Carboplak turned its attention to technopolymers and modern processing technologies After a market study conducted in collaboration with GFK the company decided to start an investment in this field The production began in 2007 The raw material is purchased from world leaders Bayer Bayer Material Science and Sabic The manufacturing technology and equipment is provided by OMIPA Italy The first team of operators and engineers was trained by engineers at OMIPA both in Italy and at company headquarters in Bucharest The staff participated in several online seminars with the granules manufacturers Bayer GE and Sabic on various topics related to advanced technopolymers processing With a modern fully automatic production line Carboplak specialists focused on extrusion technologies compounding and quality management To satisfy user requests a line of fences plating systems has been developed to separate this type of plate from those in the standard line canopies skylights greenhouses etc the individual systems facades skylights vents industrial greenhouses or infrastructure noise barriers All varieties are marketed under the brand Carboplak the offer including all necessary accessories for installation Products are also sold in DIY stores under private label The development strategy involves among other things reducing the environmental impact of production operations through responsible management of resources and waste the development of energy efficient solutions and CSR activities We have a good expertise in this area and we will continue the study of modern plastics processing in order to diversify our product portfolio A material with many applications The first polycarbonate resins synthesis was made in 1898 but the technology modernized only in 1930 In 1941 the PCG company launched the production and marketing of premium polycarbonate resins In 1960 Dan Fox GE and H Schnell Bayer found the current polycarbonate resins formula followed by industrial production In 1965 the first production capacity opened in the USA followed by the Netherlands in 1977 Cellular polycarbonate plates have numerous applications including domes and skylights curtain walls pedestrian passages and awnings coatings and interior design industrial greenhouses solariums and acoustic panels Energoutilaj Serving the future Founded in 1949 Energoutilaj is the main equipment hirer for most major industrial and civil construction projects in Romania Until December 2003 Electroutilaj was a state owned company The purpose for which it was founded was to provide equipment services to the investment division of the Romanian energy sector It participated in the construction of the electrical grid hydroelectric power plants and the construction of the Cernavodă nuclear power plant During the time it was owned by the Romanian state Energoutilaj provided full range equipment services required on construction sites excavators bulldozers wheel loaders cranes motor vehicles for transporting building materials and oversized transport In December 2003 the Romanian state sold its majority

    Original URL path: http://industryjournal.eu/editorial/broadhurst-industrial-management-three-stars-broadhurst-galaxy.html (2016-05-01)
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  • Rompetrol Rafinare, 15% turnover increase in 2014 - Industry Journal
    a whole KMG International is estimated at 130 million USD until 2018 By the end of 2014 Petromidia was ranked 8th among 250 refineries in Europe the former Soviet Union and Africa and first in Romania in a Wood Mackenzie ranking regarding the level of flexibility and complexity The Wood Mackenzie ranking took into consideration the Nelson index reference frame used to assign values to oil refineries on the basis of their complexity flexibility of production processes investments in developing production capacities and quality of finished petroleum products Rompetrol Rafinare exports reached over 2 billion USD in 2014 1 7 billion USD in 2013 1 7 billion USD in 2012 placing the company on the first place in top of the country s largest petroleum products exporters and on the second place at national level The company continued being an important contributor to the Romanian state budget paying over 487 million USD in the 4th quarter and over 1 8 billion USD by the end of the year 28 more than in 2013 1 4 billion USD Rompetrol Rafinare the core asset of KMG International ensures through its two refineries Petromidia Năvodari and Vega Ploiești over 40 of the refining capacity of Romania and is the only producer of polymers in the country The overall value of investments in Petromidia platform reached 1 4 billion USD during 2007 at the moment when the first 75 of shares acquired by KazMunayGas 2014 Refining and petrochemical gross turnover reached 5 1 billion USD in 2014 14 more than the same period of 2013 The gross turnover was 16 less in the 4th quarter of 2014 than the same period of 2013 1 4 billion USD compared to 1 17 billion USD The operational profit and net result have decreased as a result of the difficult market environment for the European refineries determined by the drop in international quotations 25 for gasoline and 26 for diesel Q4 2014 compared to Q4 2013 respectively 8 for gasoline and 9 for diesel 2014 2013 Q4 2014 EBITDA reached 3 6 million USD and 11 2 million USD by the end of 2014 The net result amounted for a negative result of 37 million USD in Q4 2014 and 102 million USD for 2014 Petromidia refinery processed at its full capacity last year and did not exhibit any planned or accidental shutdowns 365 days the volume of processed raw material reaching 13 800 ton day Capacity utilization reached 93 7 more compared to 2013 and the energy efficiency index got better decreasing to 99 8 102 8 in 2013 115 in 2012 The external fuel sales increased by 38 in 2014 1 990 thousand tons compared to 2013 and the internal sales increased by 7 1 738 thousand tons compared to 2013 The petrochemical division has reached maximum production capacity 90 thousand tons the production of polymers increasing 12 more than in 2013 The sale of petrochemicals amounted for 153 thousand tons 7 more than previous

    Original URL path: http://industryjournal.eu/news/rompetrol-rafinare-15-turnover-increase-2014.html (2016-05-01)
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  • GEZE launches new innovative products at BAU 2015 in Munich - Industry Journal
    Declaration sustainability certificate on the very first day of the trade fair The Powerdrive sliding door system is the powerful professional in situations involving large opening widths With the new Powerdrive airtight for entrances leading to air tight clean rooms and Powerdrive hermetic for entrances leading to sterile environments variants GEZE is presenting the respective power packs in the form of system solutions associated with complete door systems GEZE is within the framework of its window technology programme presenting solutions for natural smoke and heat extraction and daily ventilation GEZE offers components for the most diverse window elements and areas of application These components are geared to each other and can be combined in a flexible manner When it comes to the new application for parallel opening vent windows in modern glass façades the new intelligent RWA chain drive Slimchain from the IQ windowdrive series is not just delighting architects The interface with other KNX capable components in a building system represents another new feature The IQ box KNX facilitates a controlled and natural ventilation system that offers the maximum degree of comfort and safety GEZE also demonstrates its system competence with all glass systems A profile width of just 30 millimetres and insulating glass panes are standard features of the new manual sliding wall system MSW with fine framed leaves When combined with the new variable MSW sub structure and the new SmartGuide technology which facilitates diverse parking space arrangements and enhances the ease of use it enables the implementation of MSW systems that are both energy efficient and transparent In the conference rooms visitors can experience how all glass walls with different designs and functionalities can emerge from a single modular solution The Pendulo system makes it possible to form new rooms without any elaborate interventions affecting the

    Original URL path: http://industryjournal.eu/news/geze-launches-new-innovative-products-bau-2015-munich.html (2016-05-01)
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  • ArcelorMittal Galati aims to increase the production - Industry Journal
    a Comment ArcelorMittal Galati aims to increase the production by 15 in 2015 after some major refurbishments furnace no 5 and steelworks and the successful completion of stage comeback parameters of upgraded equipment These important investments totaling 10 million demonstrates ArcelorMittal s Galati commitment to his unit said Bruno Ribo Director General of the Division of Business Galati In the months following works we recorded good results in the process

    Original URL path: http://industryjournal.eu/news/arcelormittal-galati-aims-increase-production.html (2016-05-01)
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  • Holzindustrie Schweighofer - Austrian investor of the year in Romania - Industry Journal
    Holzindustrie Schweighofer Austrian investor of the year in Romania Holzindustrie Schweighofer Austrian investor of the year in Romania January 12 2015 Leave a Comment 2014 Award of the Austrian investor in Romania has been granted to the firm Holzindustrie Schweighofer Austrian company is active in Romania since 2002 and since then has invested about 630 million euros in the country In addition to this another 150 million are currently invested in a new woodworking factory in Reci Covasna With this award the contribution Holzindustrie Schweighofer as an investor and a large employer in Romania and also the contribution to the modernization of wood processing industry in Romania together with its social commitment in the country were honored explicitly Gerald Schweighofer was able to express gratitude to their employees and explained Our company has invested continuously in recent years even if the economic situation in Europe in general and in particular wood market is still quite tense I was faithful to our business principle even in times when industry is not its height And so far this strategy proved to be correct and I decided to invest and build another factory in Romania whose operations will begin in 2015 Categories NEWS

    Original URL path: http://industryjournal.eu/news/holzindustrie-schweighofer-austrian-investor-year-romania.html (2016-05-01)
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  • Siemens inaugurates a new regional research and development center in Cluj-Napoca - Industry Journal
    officially inaugurated today in the presence of local authorities the second office in Cluj Napoca The new location opened in subsidiary company brand of Evosoft is a regional center for research and development which conducts internal projects for Siemens IT and software development projects for applications in the portfolio The new center opened under the Evosoft brand subsidiary company of Siemens involved an investment of over 4 5 million and

    Original URL path: http://industryjournal.eu/news/siemens-inaugurates-new-regional-research-development-center-cluj-napoca.html (2016-05-01)
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