More
    HomeBusiness & InvestmentsInvestmentsGerman group Fuchs invests 14 million Euro in the expansion of Romanian...

    German group Fuchs invests 14 million Euro in the expansion of Romanian factory

    Published on

    Fuchs Condimente Romania, the market leader in spices and food ingredients on the local market, part of the German group Fuchs, announces an investment of 14 million Euro in the expansion of its factory in Curtea de Argeș.

    The new project, scheduled to be completed next summer, consists of expanding logistics and production capabilities, as well as automating production processes.

    “The expansion symbolizes our determination to strengthen our position as the market leader in Romania and, at the same time, to expand our business internationally. With this investment we underline our commitment to offer our customers products and services of the highest quality and innovation,” said Nils Meyer-Pries, CEO of the Fuchs Group.

    Fuchs will allocate 14 million euros to the expansion of the logistics and production center, which will almost double its capacity: from 11,084 square meters (as total, currently), to 21,338 square meters. The new production hall will be equipped with state-of-the-art equipment, including a new spice mixing facility.

    Construction of the new logistics and production center begins in September and is scheduled to be completed in August 2024. The new factory will also play a strategic role in automating production processes.

    Latest articles

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...

    Cristian Pîrvulescu, ENEVO: “Energy transition enters new phase focused on grids, digitalization and cybersecurity”

    The energy transition has moved beyond simply installing renewable generation capacity and is entering...

    More like this

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...