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Warehouse Market News

Romania, Bulgaria to sign memorandum for two new Danube bridges

The Romanian government has approved the signing of a Memorandum of Understanding with Bulgaria to implement feasibility studies on the construction of two new bridges over the Danube River: Silistra – Calarasi and Nikopol – Turnu Magurele.

Siemens restructures business in Romania

Siemens announced a new local structure on October 16, one of the most important changes being the consolidation of the company’s business around three poles: electrification, automation and digitization, which are also the main long-term growth directions.

APIA: Romanian auto market grew continuously in last 15 months

The Romanian auto market has been growing continuously for 15 months, with the total sales of auto vehicles and commercial vehicles registering a year-on-year growth of 26.8 per cent after the first nine months of 2014, according to the Automotive Manufacturers and Importers Association (APIA).

Nadlac-Arad Highway ready by year’s end

The Nadlac-Arad highway will be ready by the end of the year, considering that the works on the first section have been completed, Premier Victor Ponta stated on Friday in Arad.

New ferry line connects Romania’s Constanta to Batumi & Ilyichevsk ports

A Black Sea ferry line that will link Romania’s Constanta port to Batumi (Georgia) and Ilyichevsk (Ukraine) ports, will be inaugurated today, October 16, according to the Romanian Ministry of Transport. Officials from Romania, Georgia and Ukraine will attend the launching event.

Romania could have 55-56 km of fresh motorways by year-end

There are around 200 km of motorways under construction at this moment, out of which 55-56 km could be finished by the end of this year, said Renata Bendeac, deputy general manager of road infrastructure at the road and motorway administration company CNADNR, during the second day of the Foreign Investors Summit (FIS), organized by Business Review magazine.

EU industrial production drops 1.4 pc in August

In Romania the month-on-month drop stood at 2.7 pc but industrial production grew by 1.9 pc year-on-year.

Proinvest Group to invest more than EUR 1 million in new production facilities

Proinvest Group has scheduled for this period more than EUR 1 million budget for the development of new production facilities for its Building Materials division.

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