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Warehouse Market News

ArcelorMittal Galati invests EUR 3 mln in new equipment

ArcelorMittal Galati invested EUR 3 million to implement an upgrading project at the Steel Melting Shop, aimed at increasing the energy efficiency of the plant.

Dacia-Renault Pitesti plant turns to automation

Renault Group plans to raise the plant’s degree of automation from only 5 pc today to 20 pc in five years’ time.

N.G.B Distribution Center continues its development in South-West of Bucharest

In 2009, NGB decided to re-invest in the Romanian market by developing the industrial properties the group owns. The group began to invest in its property, 9Km SW of Bucharest, in Bragadiru, known as the NGB Distribution Center.

Tetarom IV industrial park to lose the European financing

The construction of Tetarom IV industrial park in Cluj county loses its European financing exceeding 17 million lei.

Industrial output prices see 0.4 pct increase

In March 2015 against the previous month of the year, the industrial output prices increased by 0.4 percent, shows data released on Tuesday by the National Statistics Institute (INS).

US giant buys Spanish company active in Romania

US group Ferro Corporation, with annual sales of over EUR 1 billion, will buy the Barcelona-based company Nubiola Pigmentos, which is also active on the Romanian market.

Electroprecizia Electrical Motors invests EUR 1.47 M in green technology

Electroprecizia Electrical Motors, a member of the Electroprecizia Sacele Group, will invest EUR 1.477 M in buying equipment.

Romanian aluminum producer Alro forecasts profit after loss

Romanian aluminum producer Alro Slatina posted last year a EUR 24.6 million loss, for a turnover of EUR 452 million.

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