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Investments
A Major Investment For The Romanian Textile Industries
 
The Belgian company Uco Textiles decided to invest eur 15 million in a production capacity for denim fabrics used for jeans. The investment of Uco Textiles is a Brownfield investment, the plant located in a building in Giurgiu Industrial Park. This is the fifth production facility of UCO TEXTILES, apart from two in Belgium and two in the United States.
The officials of the Belgian company expressed their intention to start the production. Furthermore, they formulated the future plans for the years to come, consisting of increasing the production and trade capacity. The first phase of the project stands for the creation of 200 workplaces. 
UCO TEXTILES is the holding company of a number of textile companies in Belgium and in United States, producing a wide variety from the raw cotton to the finished fabric, with an annual capacity of 26,000,000 meters. UCO SPORTSWEAR is the division producing and selling a diversified collection of denim and leisurewear fabrics supplying the most famous jeans brands in the United States.
As far as concerns the value of the investment (EUR 15 million), signing the contract with UCO TEXTILES is an important step forward for the development of the Romanian textile industry.    http://www.arisinvest.ro/news_detail.asp?ID=327
Investments
  • Gazprom arrives in Romania to discuss the South Stream project
  • Romania counts on its nuclear energy development
  • Petrom, Orange and Vodafone - most profitable companies in 2006
  • IKEA opens first Romanian store
  • Romtelecom profits decrease
  • Saint-Gobain's investment in Calarasi
  • Accenture opened its official operational center in Romania
  • Inward FDI in January 2007
  • Iasi is to foster the new Delphy plant for producing diesel engines
  • 5 million euro investment in Turda – Cluj
  • Bamesa boosts the Romanian automotive sector
  • New significant investment in Ploiesti
  • A Major Investment For The Romanian Textile Industries
  • Romania - destination for ecological investments
  • Romania, 14th most attractive country for business relocation
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