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Romanian cattle breeders association opens EUR 0.5 mln milk factory

Over 100 cattle breeders from Frumoasa, a village in central Romania, have founded a milk factory, which was inaugurated last week.

Industrial production prices rise 0.2% in Romania

Industrial production prices, which include the domestic and foreign market, increased by 0.2% in February over the previous month.

Turkey’s Eko Insaat Ve Tic sign contract for construction works of Bacau beltway

The National Highways and National Roads Company (CNADNR) has signed with Turkey’s Eko Insaat Ve Tic the contract for the construction of the Bacau beltway, a contract worth RON 394 M (EUR 89.54 M), VAT not included.

GEFCO Romania has a new general manager

Transport and logistics company GEFCO Romania, controlled by Russian Railways (RZD), Russia’s state railway carrier, has a new CEO, Jérôme Chevrolet, who is taking over this position from Christophe de Korver.

Romania’s Competition Council approved Dalli Group – P&G detergent plant deal

Romania’s Competition Council recently approved Dalli Production Romania’s acquisition of a detergent manufacturing plant from Timisoara.

EU not to finance M4 highway linking Hungary and Romania

According to press information, the Hungarians have bigger problems than Romanians in what concerns the financing of the M4 Highway that goes from Budapest to Bors (Romania) and then Targu Mures.

Romanian chemical fertilizer sells 66% of production locally

Romanian chemical fertilizer producer Azomures Targu Mures sells 66% of its production on the local market, but it plans to reach 80%.

Managers eye business growths in manufacturing, constructions, retail and services

Romanian companies’ managers expect in the next three months business increases in manufacturing, constructions, retail and services and a relative stability of prices, except for retail which is to grow moderately, according to the National Statistics Institute (INS) data.
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