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Articles

Industry turnover up by 8% in Romania

The industry turnover in Romania increased by 8% in the first 11 months of 2014 compared to the same period last year, according to data of the National Institute of Statistics (INS).

Transport Ministry: Romania to finish 250 km of highway in the next two years

Romania’s highway network, currently 700 km in length, will be extended by another 50 km this year and 200 km in 2016, according to Ioan Rus, minister of Transport.

EUR 3.4 million investments in Cluj factory with 80 employees

Construction company ACI Cluj, controlled by several local entrepreneurs, including Ioan Aşchilean, Horia Ciorcilă and Dorin Goia, will recruit 80 people this year, following the completion last month of the construction of metallic confections factory, EUR 3.4 million investment.

Continental completed EUR 6.5 million R&D centre in Sibiu

Continental Automotive Romania, the electronic parts manufacturing division of Continental, completed an investment of EUR 6.5 million in a new building on two floors within the research and development centre from Sibiu.

Statistics: Exports, imports, up 6.5%, 6% respectively, after 11 months

Romania's exports reached 48.7 billion euro in the first 11 months of 2014, up by 6.5 percent, whilst imports recorded 54 billion euro, by 6 percent higher compared to January to November 2013, according to the data released on Friday by the National Statistics Institute (INS).

Romania’s Constanta Port to be expanded and modernized with EUR 600 mln

Romania’s Constanta Port will be expanded and modernized with almost EUR 600 million. A first draft of the development plan is already available for public debate, reports local Digi24.

INS: Prices of industrial production, down by 0.1% in November

The prices of industrial production in Romania decreased overall by 0.1% in November 2014 compared to the previous month, on the domestic market and on the foreign one having been lower by 0.2% and 0.1% respectively, the National Institute of Statistics (INS) announced on Tuesday.

The Advisers/Knight Frank: Significant evolution for the industrial and logistics sector

In 2014, the real estate market activity was overall more intense compared to the previous year, a proof being the investment volume which reached approx. EUR 800 million in 2014.

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