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DPD Romania ups profit by a quarter

Parcel delivery company DPD Romania increased its turnover last year by 14% to EUR 16.9 million, while its profit went up by 27%, to EUR 832,000.

Owner of Romanian building material producer steps down as CEO

Marcel Barbut, the owner of building material producer AdePlast, recently stepped down from the company’s management.

Ring road overpass near Bucharest to be completed in 2017

Romania’s National Company for Highways (CNADNR) has launched a tender to build an overpass between the Bucharest belt and the Domnesti village, in a contract worth EUR 41.7 million (without VAT).

UK is ready to help Romania in the infrastructure development

Romania has quite ambitious plans when it comes to its infrastructure development and UK is ready to help with their accomplishment, the British Ambassador in Romania, Paul Brummel, said in the end of the trade mission that benefited from the participation of 50 British companies, on Tuesday held in Bucharest.

Nestle expands its production line in Timisoara: new building added to the current factory

Swiss company Nestle, one of the largest global players in food industry, has currently expanded its factory in Timisoara, part of the expansion plan of its activity in Romania.

Bosch to hire 300 specialists for new research-development center in Blaj

Bosch Group will open this year in Blaj (Alba County) a research-development center for automotive technology, aiming to have a total number of employees in Blaj of 1,500 by yearend.

Romanian power plant equipment manufacturer takes EUR 32 mln syndicated loan

Energomontaj, an equipment manufacturer for thermal, hydro and nuclear power plants, will sign a syndicated loan of EUR 32.6 million.

Up to 90 km of highway to be completed this year, says CNADNR

Romania’s highway network, which currently has 700 kilometers, will be extended with 80-90 kilometers of motorway this year, said the general manager of the National Company of Highways and National Roads in Romania (CNADNR), Narcis Neaga.

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