| Citibank |
Investment in Citibank Romania |
| G.E. Capital |
Acquired a 35% stake in the state-owned bank, BancPost (later sold part of its stake to a Portuguese Bank) |
| Romanian American Enterprise Fund |
Through its various programs invested more than USD 50 million in a variety of sectors including banking, chemicals, construction materials, ceramics, hotels and agruibusiness.It also helped attract foreign investment funds for various companies, exceeding USD 200 million. |
| Advent Intl. |
Invested more than USD 15 million in outdoor advertising companies |
| New Century Holdings |
Invested (through its joint-venture United Capital) in industries ranging from retailers to insurance, banks, to automotive parts and construction materials to pharmaceuticals. |
| AIG Global Equity |
Invested a total of USD 65 million in two companies: LUXTEN- provider of turn-key solutions for industrial and public lighting, as well as a manufacturer of bulbs, lumanries and lighting fixtures; and MobilRom- one of the two leading telephone companies operating in Romania. |
| Quadrant Management Inc. |
Invested in various companies |
| Wasserstein Perrella Group | Invested in varoius sectors trough its subsidiary Capital Securities |
| Solectron Corp.(California) |
One of the world leading supply-chain (contract manufacturer) facilitators for customized electronics technology, manufacturing and service solutions, opened a 4-acre campus with 1,800 trained associates and seven surface mount technology lines. The company planned to invest more about USD 150 million and to double its highly trained and skilled Romanian staff. |
| Precision Castparts Corporation(PCC)(Oregon) |
Acquired majority ownership in Sterom from the State Ownership Fund. PCC plans to transform Sterom into the premier gas field equipment manufacturer serving the rapidly-emerging Russian and Caspian Sea petroleum markets.The company also intends to transfer to Romania some of its Western European manufacturing lines. |
| Trinity Industries(Texas) |
Purchased two railcar manufacturers from the State Ownership Fund. Trinity, which is investing USD 100 million in new technology, will use the facilities to access the European markets. |
| ICC Industries |
Invested in Azur Timisoara (paints, furniture, lacquers, and unsaturated polyester sheets producer). |
| The Timken Company |
A leading international manufacturer of highly engineered bearings and alloy steels, acquired a large bearings manufacturing facility in Ploiesti. |
| Procter & Gamble |
Invested in a detergent plant in Timisoara and in a distribution network troughout Romania |
| Kraft Foods Intl. |
Invested more than USD 20 million in the food-processing industry |
| RJ Reynolds Tobacco Intl. |
Invested in the tobacco industry |
| British American Tobacco |
Invested in the tobacco industry |
| Allied Turbocharging Systems/Allied Signal Intl.(California) |
Invested in engine and turbine manufacturing. |
| Colgate-Palmolive (America) Inc. |
Invested in detergent, soap and cosmetics industry |
| Whirpool Holdings Corp. |
Invested in hosehold appliances' industry. |
| Coca Cola Co. |
Invested in the soft-drinks industry and in the distribution network. |
| Continental Window $ Glass Inc. |
Invested in the glass industry and in the PVC windows and doors manufacturing. |
| Glaxo Wellcome Inc. |
Invested in the pharmaceutical industry. |
| Smithkline Beecham |
Invested in the pharmaceutical industry |
| Kodak |
Chose Romania to build its fist state-of-the-art movie film processing plant in Europe. |
| Wisconsin Machine Tool Corporation |
Acquired a majority stake in a machine tool factory in Targoviste and moved its manufacturing operations from the USA to Romania. |
| Borla Performance Industries(California) |
Joint-venture with Subansamble Auto S.A. for manufacturing and distribution of car exhaust systems. |
| Washington Group Intl.( Raytheon Engineers and Constructors)(Idaho) |
Concentrates much of the design work for its worldwide operations in Ploiesti, using the latest technologies in engineering. An outsourcing branch for petrochemical/chemical equipment/parts has been established. |
| Cambric Consulting(Utah) |
Specializes in digital engineering transition and collaborative digital engineering services for clients in a variety of industries including automotive and industrial machinery. Its 275 Romanian employees work in the design centers in Romania, where Cambric invested more than USD 2 million since choosing Romania over other locations worldwide in 1997. |
| Harza Engineering Company |
Is a consulting engineering firm specializing in the development of water, energy, and land resources. Harza opened its European headquarters in Romania in February 1999. |
| TEAM Resources |
Employing over 100 engineers, applies CAD for assembly lines for Ford, Crysler and GM. Their partnership with Detroit-based Pico has resulted in USD 1.5 million in contracts for TEAM in CAD and software engineering for business applications. |
| International Informatics |
Is the first Romanian company to design military equipment for the US trough its relationship with AAI Corporation. |
| Oracle Corporation (California) |
It implemented the Oracle Academic Initiative, Romania being the first benefficiary country in Central and Eastern Europe . It also collaborated with various public entities for the development of their IT systems, and with the Ministry of Defense in order to define the IT system in accordance with Romania's future integration into NATO.Oracle develops software in Romania for its own needs. |
| Hewlett-Packard (California) |
Has a subsidiary in Romania since 1999. HP implemented various projects for the public entities and is funding IT projects for the Romanian educational system.It also, develops software in Romania for its own needs. |
| Microsoft Corporation(Washington) |
Has an office in Romania for software distribution/support. There are about 150 Romanian software engineers working for Microsoft in Redmond , WA.Microsoft is studying the opportunity of opening a technological park in Romania |
| Cysco Systems(California) |
Has an office in Romania for software/ distribution/ development/support. |
| Dynasty Technologies Inc. |
Opened a software center in Romania to support its application development needs. |
| Symbolic Systems, Inc. |
Applies innovative approaches to planning, developing, supporting and maintaining. The branch office opened in 1993 proved to be a good investment decision for Simbolic Systems. |
| CornerSoft Technologies |
A Romanian-American software development company, provides project management software services. |
| Purple Mountain Software Development |
Develops custom software in Romania for American clients in need of both small tasks and large, complez projects. |
| AuctionWatch.com(California) |
Opened its first international office in Bucharest in June 2000 and it is using the potential of the specialists' pool of the Romanian universities, for various projects required by American companies. |
| Recognos Inc.(California) |
Opened an office in Romania which is developing software for the US market. |
| Qualcom Inc.(California) |
Implentation of 3G telephony (CDMA) with Telemobil Romania - the investment in the project will reach about $ 350 mil. |
Copyright © Consulate General of Romania 2004
