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Warehouse Market News

January – October industrial turnover up 4.3 pc yoy

Romania’s industrial turnover overall (internal and foreign markets) increased 4.3 percent in the first 10 months of the current year from the similar period of 2012, as a result of the 4.7 percent growth registered in the manufacturing industry, the National Statistics Institute (INS) informed on Friday, a press release informs.

Stretches of Sibiu-Orastie highway to open before Christmas, Sova says

Procedures for the highway between Pitesti and Ramnicu Valcea will start in January, PM Victor Ponta also announced.

Martifer Solar completes another two photovoltaic plants in Romania

Martifer Solar, a subsidiary of Martifer SGPS, has completed the construction of two photovoltaic (PV) plants in Romania, in a total of 5.41 MWp, for Eurowind Energy A/S, a press release informs.

Road carriers threaten to start protests as of December 9

Freight road carriers announced they will go on indefinite strike as of Monday, December 9, in sign of protest against the 7 eurocents excise tax the government has imposed on fuel, according to a press release by Augustin Hagiu, President of the National Road Confederation.

Tinmar refinances EUR 10 mln debt in solar park

Romania’s Tinmar, an electricity trader and supplier, sealed a refincing deal with GarantiBank for a solar farm in southern Romania.

Romania experiences largest economic growth in EU

The INS maintains its prognosis of 1.6 percent economic growth in Q3 and 2.7 percent growth in the nine-month interval.

Şova: Bucharest-Alexandria highway will cost EUR 400 million

The costs of Bucharest - Alexandria highway are estimated to EUR 400 million and according to traffic researches, it has motorway traffic has declared on Tuesday the minister Dan Şova.

INS: 10 pc drop in economy investments in Q3

Between July and September 2013, overall investments amounted to barely RON 17.82 billion, 10 per cent lower than in the third quarter of 2012, according to data issued by INS (the National Institute of Statistics).

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