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Articles

Romanian manufacturer Symmetrica sees 17 pct increase in 2015

Symmetrica, Romanian producer of paving and vibro-pressed curbstones, registered a 17 percent increase in turnover, reaching RON 87 million (EUR 19.5 million), according to a company press release. Additionally, in 2015 Symmetrica opened a new production line after an investment of approximately EUR 1.5 million.

Interview with Peter Bečár, Managing Director CEE within P3

P3, specialized investor, developer and manager of European logistics properties, has completed in February last year its first acquisition of an industrial property in Romania, buying Europolis Logistics Park (which became P3 Bucharest) from the Austrian company CA Immo, transaction estimated at nearly EUR 120 million. The investor has insured through this acquisition its second place in the top of the largest industrial-logistics facilities owners.

Romanian steel producer invests EUR 10 mln in new production lines

Steel producer Proinvest Group Pascani has started a greenfield project in 2015 for producing several types of sandwich panels. The investment totals EUR 10 million.

Zacaria Group invests EUR 20 million in a new residential project in Bucharest

Real estate developer Zacaria Group enters the Romanian residential market with an investment of EUR 20 million in a project which includes 280 units situated in northern Bucharest.

Gorenje could expand production to Romania

Slovene home appliances manufacturer Gorenje is considering expanding its production and the Romanian market is also considered for a new factory, says Damir Drazetic, general manager of operations in Romania.

A factory in Vâlcea, Romania, manufactures kitchen furniture of EUR 1.5 million

The Romanian company Lucky Man SRL, controlled by Ionescu family, had in2014 a turnover of EUR 1.1 million and 10 pct. increase last year.

Japanese group could buy Romanian electric motor producer

Romanian businessman George Copos, the owner of two Bucharest hotels and several other companies, is negotiating the sale of the electric motor producer Ana Imep to the Japanese company Nidec Motor Corporation, according to market sources cited by local Mirsanu.ro.

New repair works on Valea Oltului road, near Cozia

Romanian National Road Company announces restrictions in traffic four months, starting March 7th to June 30th on the National road DN7 near Cozia lake.

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