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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Prada invests EUR 19 mln in its second plant in Romania

Italian luxury fashion house Prada is investing EUR 19 mln in a factory in Romania that will employ over 300 people.

The company will get a EUR 7.83 mln grant (41% of total) from the Romanian government, Profit.ro announced.

The company already has a factory in Romania, located in Sibiu, where it produces leather products. It is operated by the company Hipic Prod Impex from Sibiu County, which ended 2020 with a turnover of RON 28 mln (EUR 5.8 mln), down from RON 45 mln (EUR 10 mln) in the previous year.

Like the rest of the luxury sector, Prada began to see signs of a return to business last summer, with the reopening of the Chinese market.

(Photo: Tea | Dreamstime.com)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Prada invests EUR 19 mln in its second plant in Romania

Italian luxury fashion house Prada is investing EUR 19 mln in a factory in Romania that will employ over 300 people.

The company will get a EUR 7.83 mln grant (41% of total) from the Romanian government, Profit.ro announced.

The company already has a factory in Romania, located in Sibiu, where it produces leather products. It is operated by the company Hipic Prod Impex from Sibiu County, which ended 2020 with a turnover of RON 28 mln (EUR 5.8 mln), down from RON 45 mln (EUR 10 mln) in the previous year.

Like the rest of the luxury sector, Prada began to see signs of a return to business last summer, with the reopening of the Chinese market.

(Photo: Tea | Dreamstime.com)

andrei@romania-insider.com

Normal
 

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