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Warehouse Market News

Romanian steel producer invests EUR 10 mln in new production lines

Steel producer Proinvest Group Pascani has started a greenfield project in 2015 for producing several types of sandwich panels. The investment totals EUR 10 million.

Zacaria Group invests EUR 20 million in a new residential project in Bucharest

Real estate developer Zacaria Group enters the Romanian residential market with an investment of EUR 20 million in a project which includes 280 units situated in northern Bucharest.

Gorenje could expand production to Romania

Slovene home appliances manufacturer Gorenje is considering expanding its production and the Romanian market is also considered for a new factory, says Damir Drazetic, general manager of operations in Romania.

A factory in Vâlcea, Romania, manufactures kitchen furniture of EUR 1.5 million

The Romanian company Lucky Man SRL, controlled by Ionescu family, had in2014 a turnover of EUR 1.1 million and 10 pct. increase last year.

Japanese group could buy Romanian electric motor producer

Romanian businessman George Copos, the owner of two Bucharest hotels and several other companies, is negotiating the sale of the electric motor producer Ana Imep to the Japanese company Nidec Motor Corporation, according to market sources cited by local Mirsanu.ro.

New repair works on Valea Oltului road, near Cozia

Romanian National Road Company announces restrictions in traffic four months, starting March 7th to June 30th on the National road DN7 near Cozia lake.

Saint-Gobain to invest EUR 4 million in glass factory from Călărași, Romania

Saint-Gobain, French group with activities in manufacturing and distribution of construction materials announced EUR 4 million investment planned for the company’s glass factory in Călărași, half of the budget being dedicated to increasing production capacities.

Continental Tires receives Best Supplier Award from Automobile Dacia

Continental, one of the biggest automotive suppliers and one of the most important tire producers, receives the „Best Supplier” award, the highest recognition, from Automobile Dacia. This distinction follows the completion of a set of evaluations on many levels of activity, such as good partnership and communication, flexibility, performance in terms of quality and reliability.

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