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Articles

Alcedo to migrate in corpore to another company, sources say

The whole Romanian top management of the pesticide manufacturer Alcedo, one of the largest players on the local agri-business market, will migrate in corpore to another international company present on the local market.

Industry barometer: the activity in the industry stagnated in April

Activity in the industry stagnated in April, after a growth in the previous month, and for the next six months the expectations continue to drop, the companies not having enough reasons for optimism, according to the Industrial Barometer, made by Irsop, and SNSPA the Management Faculty..

ArcelorMittal Galati invests EUR 4.75 mln in new plant

ArcelorMittal Galati has invested EUR 4.75 million in a plant for demineralised water used to produce steam for turbochargers and for various technological processes, the company representatives saying the investment will help strengthen the independence in providing the raw materials.

Two British companies open two plants in Romania

British companies Spirit Circuits and Portsmouth Aviation will open two factories in Craiova, within the city’s High-Tech Industry Park.

Deloitte: Romania will become attractive for investment funds in IT and manufacturing

Investors expect an increase of transaction activities next year, according to the latest Deloitte Central Europe Private Equity. The audit and consulting company estimates that Romania will be more attractive especially in the IT and manufacturing sectors.

Modpak System invest 1 million Euros in packaging factory in Ploiesti

A leading Romanian company specialising in industrial packaging solutions on Wednesday opened a factory located in the Ploiesti Industrial Park on an investment of 1 million euro. The start-up will meet the demand of the entire southern Romania.

Cemacon posts EUR 1.8 mln profit in Q1

Cemacon, the second largest ceramic blocks producer in Romania, according to the market research conducted by InterBiz, recorded a net profit of RON 8.13 million (EUR 1.83 million) at the end of the first quarter of 2015.

Romanian group becomes Croatia’s first private rail freight operator

Romanian railway group Grampet has become the first private rail freight operator in Croatia.

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