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Warehouse Market News

Japanese Ambassador to Romania: We hope that Romania's infrastructure improves to increase investments

With roughly 150 Japanese companies doing business in Romania, Nippon investments in Romania could increase, provided that the local infrastructure were better, Japanese Ambassador to Romania Keiji Yamamoto said on Thursday.

Business Review organizes Realty 2015, the Romanian Real Estate Market Forum, on June 18

What are the trends shaping the local real estate market in 2015? Office, retail, industrial and residential – what factors will influence the evolution of each of these segments by year end? Will the market come close to last year’s record level and will new players make an entrance? These are just a few of the topics that will be discussed at Realty 2015.

Romanian pipe producer invests EUR 10 mln in new facility

Romanian company TMK-Artrom Slatina, one of the leading manufacturers of seamless steel pipes for industrial applications, has invested about EUR 10 million in a new unit that will produce hydraulic cylinders and pipes for the automotive industry.

Bosch Innovation Day in Blaj

The first edition of the “Bosch Innovation Day” took place on Saturday in Blaj, under the aegis of Germany’s Bosch industrial group and of the local Bosch Rexroth SRL company.

Romania’s economic growth sustainable, based on exports and industrial production

Romania is currently in a very good economic situation and sees sustainable economic growth based on exports and industrial production, and not, as in the previous years, on real estate and financial speculation.

Renault group stays in Romania, despite highways delays

The Renault group will not leave Romania, even if the country still lacks a highway which connects the Constanta port to the western part of Romania, said Nicolas Maure, CEO of Dacia, part of the Renault Group.

Antibiotice Iaşi is looking for investors for two new factories of EUR 40 million

Drugs manufacturer Antibiotice Iaşi, controlled by the State through the Ministry of Health, intends to build two new production lines through a total investment of EUR 40 million which could be supported by attracting in the board a strategic investor.

Car producer pays EUR 10.5 mln to remove bad smell at tire plant in Romania

German car parts producer Continental has invested EUR 10.5 million to remove the odor around its tire factory in Timisoara, western Romania.

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