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Local authorities are looking for investors for three industrial parks in Sfântu Gheorghe and Târgu Secuiesc

Local authorities in Sfântu Gheorghe and Târgu Secuiesc are looking for investors for three industrial parks recently developed with EU support, according to their representatives.

Ford’s business in Romania drops for second year in a row

Ford Romania, the country’s second-biggest car maker, had a turnover of EUR 844 million in 2015, down by 7% compared to 2014.

Alro invests USD 53 mln in increasing energy and equipment efficiency

Alro, the largest aluminium producer in Continental Europe (excluding Russia and Scandinavia) has an investment program of over USD 53 million, for 2016, focused on increasing energy and equipment efficiency and on expanding portfolio, increasing competitiveness and product quality.

Chinese companies to invest in auto parts factory in Brasov and in real estate in Bucharest

Companies from China will invest more than EUR 100 million and nearly 18 million dollars in four new projects in Romania, including an auto parts factory in Brașov, a real estate complex in Bucharest and a solar park.

Offshore becomes major shareholder of the largest shirt manufacturer in Romania

Romanian Investment Fund, an offshore company registered in one of the most popular tax havens, the Cayman Islands, with registered office at mailbox 30745 Camana Bay, bought from the Swiss bank Julius Baer a stake of 25.1% in Romanian shirt manufacturer Braiconf Braila (BRCR ).

Top real estate consultants compete on EUR 30 million market in Romania

The real estate consultancy market in Romania, where nearly ten local and international top companies are active, is estimated at approx. EUR 30 million and the consultants expect growth, considering the large office transactions registered only in the beginning of this year, as a sequel of those of 2015.

Meat producer Kosarom in Paşcani to send 20 pct of its production to export

„It is a more difficult period because the purchase power in Romania is smaller compared to the level in other countries, but we are lucky to have export to Germany, Great Britain, The Netherlands, Spain and Italy. Exports are growing“, said Neculai Apostol, founder and development and strategy director of a group of companies with more than 1,100 employees.

MTR Press relaunches the Real Estate Magazine

MTR Press relaunched the Real Estate Magazine in the print version. The magazine can be found in the press and distribution network Inmedio. The first number has a distribution of 12.000 copies, 148 pages, covering all the domains and subjects of interest in the real estate market and the related industries

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