25 april 2017
The Austrian car maker Magna Steyr will invest 1.24 billion euro in a car factory in Slovenia that will be located in Hotsse-Slivnitsa municipality. The large-scale facility will employ over 6 000 workers, BalkanEngineer.com learned from an official publication on the Slovenian government's website.
The final target of the investment project, which will be divided into 4 phases, is to create a fully operational motor vehicle factory in Slovenia with an annual capacity of 100 000 to 200 000 vehicles.
The deadline for the strategic investment realization is 10 years after the signing of the agreement. The investor will reveal 404 new job positions in the first phase and an additional 1500 in the second. Estimates show that within the ten years of implementation the number of newly created jobs will reach 6000.
Source of images: Magna Steyr
The Romanian manufacturer of PVC profiles and polymer products TeraPlast Group had acquired a production line for polyethylene films from Brikston Construction Solutions. The group is the only producer of HFFR granules in Romania.
The Swiss provider of software and cloud technology solutions SoftwareONE had acquired HeleCloud – a partner of the cloud services platform Amazon Web Services. Thus, the company will expand its services connected to AWS in Europe, the Middle East and Africa.
The investment is part of the “Inputrans” project, which the country is developing in cooperation with partners from Hungary. The planned location of the railway logistics center in the city of Subotica is the “Mali Bajmok” industrial zone.
The Bulgarian capital is improving its position in this year’s edition of the fDi Magazine and TNW “Tech Cities of the Future 2021”. After the data analysis of 76 cities from 31 European countries, Sofia ranks 19th in the overall ranking.
The Minister of Transport and Communications of North Macedonia, Blagoj Bocvarski, announced that more than 30 mayors had signed contracts for the rehabilitation of road infrastructure across the country.
The facility will be built in the Sea Garden of Burgas in the form of a large tree with the purpose to provide healthy entertainment for both children and adults. The attraction complex is the most impressive development of Walltopia and it will combine many different activities.
Leoni, the global provider of products, solutions and services for energy and data management in the automotive sector, had opened its fourth largest facility in Serbia. The plant is located in the city of Kraljevo, and more than 50 million euro had been invested in its construction and equipment.
Three South Korean companies – AKEDA, Hyunday-Power Systems and BKB, plan to purchase and upgrade the “Mintia” thermal power plant in Romania. The installation runs on coal and has a capacity of 1.285 GW.
North Macedonia plans to build a waste treatment facility worth 327 million euro. The selected technology for treatment of municipal waste will not be emitting harmful gases into the air, while generating natural gas, which will be utilized for electricity production.
The Serbian telecommunications operator Telekom Srbija had launched a corporate venture capital fund for investments in high-tech startups. The project is called TS Ventures Fund and is worth 25 million euro.
The suspension bridge, which will connect the counties of Braila and Tulcea in Eastern Romania, will be 2 km long and will rise to a height of almost 200 m. European funds amounting to 94.4 million euro have been invested in it since the beginning of the year.
The refinery will be operational after the delivery of equipment needed to carry out repairs and inspections of the units affected by the accident. Rompetrol is planning the phased commissioning of its production units in operational mode.