Atlas Copco opens a customer center in Bulgaria

Atlas Copco, the Swedish maker of compressors, generators, construction and mining equipment, announced on its website that it has opened a customer center in Sofia, employing approximately 20 people. The new customer center ... More


Construction of factory for truck and ship diesel engine parts in Simanovic

The Serbian Investment and Export Promotion Agency (SIEPA) stated today that owner of the company Albon Engineering PLC, Lawrence Albon and president of the municipality of Pecinci Nikola Pavkovic signed an agreement on the ... More


Prva petoletka" from Trstenik and company "MAZ" from Minsk started negotiations about business cooperation

The three-member delegation of company "MAZ" from Minsk, Belarus, visited the Industry of Hydraulics and Pneumatics "Prva petoletka" from Trstenik and talked about conditions for future business cooperation. According to the ... More


Tender for ZMAJ agricultural factory

The Privatization Agency has announced a tender for the sale of 98.64% of the capital of the Zmaj agricultural factory of Zemun. According to VIP Daily News Report, bids can be presented only by companies which have been engaged ... More


Kirov opens Burgas outlet

Kirov, Bulgaria's biggest importer and distributor of industrial equipment and professional tools, has unveiled a 2 mln lev outlet in the industrial zone of coastal city Burgas. The 2,200 sq m commercial center incorporates ... More


Hydraulic cylinders maker to hike capital 10-fold

A June 5 general meeting of Hydraulic Elements&Systems, the Yambol-based producer of hydraulic cylinders, will vote on a proposal to lift the company's capital from 261,983 levs to 2.619 mln levs, sourcing the hike from ... More


Grundfos Pumps Romania counting on EUR 11 M in sales in 2006

Grundfos Pumps Romania that was officially launched as the marketing representative company for the Grundfos pump manufacturer on Wednesday, estimates a turnover of EUR 11 M in 2006, having reported EUR 10.5 M last year. ... More


Bosch Invests EUR 11 Million In Blaj Plant

German group Bosch Rexroth will invest EUR 11 million in building a plant in Blaj. The construction works started already. The plant will have 12,000 in surface. Here, the production halls and the administrative building will be ... More


World's Leader in Air-Conditioning Steps in Bulgaria

The company, which is better known in Bulgaria as the brand Toshiba, due to the fact that it owns the brand in its air-conditioning department, officially opened its first branch in Bulgaria. Atallah Musleh, regional manager ... More


Two candidates for purchasing of Sombor factory of batteries - Farmakom and ITH

For the pruchase of Factory of batteries Sombor FAS, appeared with offers for taking over, Farmakom from Sabac and Belgrade's ITH. In the next 15 days, both candidates for the Factory of batteries will have a deadline to put ... More


Kolektor Completes Takeover of Postojna-based Plastics Maker

Kolektor, one of the world's largest makers of commutators, has completed a successful acquisition of a majority stake in plastics and mechanised machinery manufacturer, Liv. The Idrija-based Kolektor acquired 98.74% of Liv ... More


Tender for sale of machinery maker IPM Zmaj annulled

The Privatization Agency said it has annulled a tender for the sale of 100% of state-owned stake in Zemun-based machinery maker IPM Zmaj for lack of buyer interest. IPM Zmaj, which is currently restructuring, has failed to ... More


German¢s Lipher interested for '14.oktobar' from Krusevac

German company Lipher is interested in privatization of the majority capital of Industry of machines and components '14.oktobar', said general director of Krusevac factory Milovan Milosevic. Lipher announced coming of its ... More


Gunnebo Industrier opens plant in Ploiesti

Gunnebo Industrier enters the Romanian market by starting a company that will become a strategic platform for the group's development in the South-Eastern Europe Region, by founding a plant in Ploiesti. Swedish group Gunnebro ... More


Austria's Palfinger increased production in Bulgaria

Austrian crane manufacturer Palfinger will transfer to Cherven Bryag, Northwestern Bulgaria, part of its French, German and Austrian operations, boosting the Bulgarian plant's output by 35%, the company said. Palfinger has ... More


Korean Doosan negotiate the acquisition of Kvaerner IMGB

The discussions carried out by the Koreans from Doosan Heavy Industries & Construction for the acquisition of the heavy-machine builder Kvaerner IMGB are in an advanced stage, the proposed price being between EUR 24 and 43 M, ... More


Maschio-Gaspardo Group expects seven million euros in turnover this year in Romania

The branch in Romania of Italian producer of agricultural equipment Maschio-Gaspardo estimates for this year a turnover of over seven million euros, the company says in a release send to Rompres.Maschio-Gaspardo, which markets ... More


Prva Iskra’s factories to be auctioned in late February

Six out of 16 firms of Prva Iskra from Baric will be offered for sale at an auction on February 28, Glas Javnosti reported yesterday. The company is in restructuring and the buyers of the plants will not be obliged to take over ... More


John Deere not to buy IMT.

The US company “John Deere” wouldn’t be participating in the tender for the sale of the Engine and Tractor Industry (IMT), the manager of Belgrade’s office of Novi Sad’s company “Res ... More


Tender announced for Industry of Engines Rakovica

Privatization Agency of Serbia has announced tender for sale of 88.2% of total assets of Industry of Engines Rakovica (IMR) from Belgrade, which will be open prior to March 22, 2006. Factory IMR produces diesel engines, ... More