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Warehouse Market News

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.

FrieslandCampina records best year in Romania

Dutch dairy producer FrieslandCampina, owner of the Napolact factories in Romania, posted last year a 20% turnover growth. It expects sales to go up this year too.

EY: Romanian enterprises, more optimistic about turnover growth

About 64% of Romanian medium-sized enterprises expect a turnover increase this year, compared to only 50% of the medium-sized companies in Europe. Consultancy firm EY Romania highlighted the data in a study called “A vision of growth 2015.”

Romania’s industrial production up 4.4 pct in January

Romania’s industrial production in January increased by 4.4 percent as raw series against the previous month, respectively by 0.9 percent as adjusted series considering the working days’ number and seasonality.

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