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Warehouse Market News

CE Oltenia borrows EUR 193 M to modernize production group

James Hyslop, Director in EBRD, says the energy group will be one of the most modern and efficient in Southeastern Europe.

Jaeggi Industries invests EUR 20 M at Sibiu

Swiss producer of electronic appliances components Jaeggi Industries is to invest about EUR 20 million in a production unit in Cristian town, Sibiu County, reports zf.ro.

Die Welt: The future of German automobiles is in Romania

Arnold Klingeis, mayor of Avrig, spoke in an article for financiarul.ro about the good cooperation between Romanian and German entrepreneurs, bringing the arguments of the common past of Romanians and Germans in Transylvania. “A mayor of German origin is important for German investors,” believes also the director of the Economic Forum of Germans in Transylvania (DWS), Jorg Prohaszka. Romania’s image is still often exclusively associated with poverty and corruption, believes Die Welt, which however believes that the future of German automobiles is in Romania.

Euroccoper turnover, up 40 pc in 2013

Euroccoper, a company with Italian capital and operations in international transportation and customs commissioning, registered last year a turnover of EUR 4.6 M, representing a 40 per cent advance against 2012, bursa.ro reports.

Farmexim inaugurates EUR 16 million investment in Balotesti

Farmexim Group, including the companies Farmexim – importer and distributer of pharmaceutical products, Help Net — national pharmacy network and Green Net, has opened this year its new logistic centre in Balotesti, EUR 16 million investment.

Aversa Manufacturing to invest €15m into new plant

Aversa Manufacturing, the only centrifuge pump manufacturer in Romania, plans to invest €15m into a new 25,000 sqm factory.

Nadlac-Constanta highway, ready in 2018

According to the most recent promises made by the Ponta administration, the straight-line highway connecting western Romania (Nadlac) to eastern Romania (Constanta) and passing through Sibiu and Brasov will be completed in 2018.

Chinese Investors to Take Part in Industrial Project in Bacau

A delegation of Chinese businessmen went to Filipeşti village in Bacau county, where they intend to take part in an industrial project of nearly EUR 4 million, according to Agerpres.

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