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Articles

Marian Orzu, CTP: Our target is to reach 1,000,000 sqm built area by 2018

With a presence already very active on the industrial spaces market in Romania, the development plans of CTP are ambitious: reaching one million square metre built by 2018.

Rheinmetall and Romanian factory to make military vehicle in joint venture

German technology group Rheinmetall, which is also active in the defense sector, will create a joint venture with Romanian Moreni Auto Mechanics Plant, part of state-owned ROMARM, for the construction of a 8×8 transport carrier.

Romania’s highways company GM: 2017 will be the best year for highways

The preparations made in 2016 and the advanced stages of work on several construction sites “allow us to say that 2017 will be the best year for highways”, said Catalin Homor, the general manager of the National Road Infrastructure Administration Company (CNAIR), the former Romanian Highways and National Roads Company (CNADNR).

Turkish company Nurol Makina plans to make military vehicles in collaboration with Romanian firms

The Turkish company Nurol Makina plans to produce 4×4 bullet-proof vehicles in Romania for the defence industry, the value of investment being at least EUR 15 million.

Cold cuts producer Meda Prod to invest 3 mil. € in new factory

Cold cuts producer Meda Prod 98 from Bucharest, one of the largest players in the market, expands with a new production unit, investment estimated at nearly EUR 3 million, planned before the economic crises.

Romania’s Sibiu-Pitesti highway to be ready by end-2021

Sibiu-Pitesti, one of the most anticipated highways in Romania, will open for traffic at the end of 2021, according to Catalin Homor, the general manager of the National Road Infrastructure Administration Company (CNAIR).

ENGIE Romania buys Cofely Building Services&Maintenance

ENGIE Romania, via its subsidiary ENGIE Servicii, has purchased Cofely Building Services&Maintenance to create ENGIE Building Solutions SRL.

Producer Final Distribution from Prahova invested EUR 350,000 in a warehouse

Dan Mircescu, the businessman controlling the roof systems producer and importer Final Distri­bution from Băicoi (Prahova county), says the company’s business increased with more than 10 pct. in the first nine months of this year, but the market is still volatile.

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