Industrial production grew by 2.1 percent in the euro zone and by 2.4 percent in the EU28 in January 2014, compared with January 2013, with the highest increases being registered in Luxembourg and Romania, show figures released on Wednesday by Eurostat, the statistical office of the EU.
France’s Alstom, the engineering group, plans to hire up to 50 IT engineers in the next three years, as part of a wider strategy designed to develop local operations into a specialized export center for the power and transport markets in Eastern Europe, said on Wednesday Gilbert Porcherot, president of Alstom Romania.
Cargus, one of Romania’s top domestic delivery companies, has reported a 20% growth in revenue for 2013, making it the best year of its history. The courier company has reached a record EUR 25.7 million revenue, almost 6 million more in comparison to 2012.
Romanian adjusted industrial production rose 2.3% in January compared with a month earlier, on higher manufacturing output, the country’s statistics institute INS said Tuesday. Industrial production rose 10.1 percent compared to January 2013.
On April 4, Star Transmission, another subdivision of Daimler group in addition to Mercedes-Benz, will start construction work at a new factory in Alba County that will manufacture gear boxes for Mercedes limousines, according to a press invitation.
The industrial turnover for the combined domestic and external market was up by 12.2 percent in nominal terms in this January from January 2013, but it was down 2.3 percent as compared to the prior month, the National Institute for Statistics announced on Monday.
New public tenders for infrastructure projects may be put on hold, due to lack of funding and political changes, although the underdeveloped transport network hits big exporters, notes AECOM, the technical and management support services company, which advises the government on Romania’s transport masterplan, reports Mediafax newswire.
SECURE Property Development & Investment PLC (AIM: SPDI), a South Eastern European focused property and investment company, today announces that it has reached an agreement to acquire the Innovations logistics park in Bucharest, Romania, from Myrian Nes Ltd and Theandrion Estates Ltd. The acquisition will be the Company's first outside of Ukraine and marks the commencement of SECURE's stated strategy of both growing and diversifying its portfolio across the economies of South Eastern Europe.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
