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Articles

CTP has 100 hectares of land for new warehouse projects

CTP, one of the largest investors in industrial and logistics spaces, will develop in the following years both through acquisitions and constructions in order to reach the target of one million square metres in Romania.

Industry turnover increases by 3.8pct in January-October 2016

Turnover in industry has grown 3.8pct in the first ten months of 2016, as compared to the similar period of 2015, in nominal terms, according to a release sent on Monday to Agerpres by the National Statistics Institute (INS).

Average net wage goes up in Romania in October

The average net wage in Romania was RON 2,108 (EUR 469) in October, up by RON 14 or 0.7% compared to the previous month.

Austrian group GoodMills closes Titan bread factory in Romania

Austrian group GoodMills, controlled by the banking group Raiffeisen, has decided to close its local factory Titan, one of the oldest and best-known factories in the local market, reports local Ziarul Financiar.

Green light for new Pitesti-Craiova highway

Romania’s national roads company – CNAIR has launched a public auction for a feasibility study and projection services for the new Pitesti-Craiova highway in Southern Romania.

Romania’s transport minister promises more highway inaugurations next year

Some 150 kilometers of new highways will be inaugurated next year, some 10 times more than this year, according to transport minister Sorin Buse.

Romania loses EUR 60 mln investment to Slovakia

Minebea, a Japanese automotive industry supplier, will invest EUR 60 million in a new factory in the city of Kosice, Eastern Slovakia. The investment may increase to EUR 100 million and may also include a research & development center, if all goes well.

Ford Trucks enters Romanian market through exclusive partnership with Cefin Trucks

Ford Trucks entered the Romanian market through an exclusive partnership with Cefin Trucks, which was named exclusive importer and distributor. In 2017 Cefin Trucks plans to sell 185 new Ford Trucks units, and estimates a sales figure of 300 units in 2018.

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