American group Procter & Gamble will sell their detergent factory in Timisoara to German company Dalli in a deal worth some EUR 30 million, according to local mergers and acquisitions journal Mirsanu.ro. Dalli and P&G haven’t made any official announcement so far.
Industrial production in the European Union (EU 28) and in the Eurozone rose by 0.6% in September 2014 compared with August 2014, with Romania having been among the countries where the industrial production recorded the highest growth rates month on month, according to the data released on Wednesday by the European Statistical Office (Eurostat).
According to information that ZF daily obtained from the National Roads and Highways Company (CNADNR), the third section of the Orastie-Sibiu Highway (22 km), located between Silistea and Cunta, will open to traffic on Friday.
Rolling stock producer Voestalpine VAE Apcarom has reported a net profit of RON 7.74 M in the first nine months of the year, up by 70 per cent compared to the same period last year, when its profit stood at RON 4.54 M, according to the report that the company has sent to the Bucharest Stock Exchange (BVB).
Sisecam Group, one of the leading actors of the global glass sector, has opened GlassCorp automotive glass facility in Romania, due to Group’s sustainable growth target.
The industrial production increased by 7.4% year-on-year in the first nine months of 2014, as gross series, and by 8.5% as adjusted series by number of working days and seasonality, mainly due to the growth in manufacturing industry (up 8.8%) and in mining and quarrying (up 0.6%), according to data from the Statistics Institute INS.
Ceramic blocks producer Cemacon reported a 37 percent increase for the first none months of the year, compared to the same period of the previous year. The company posted for the first nine months of the year a net result of RON 3.76 million and a gross turnover of over RON 51 million.
Turbine and generator builder General Turbo from Bucharest will cut down the number of employees from 650 to 450, given the “dramatic drop” in orders on the local and foreign markets, according to information sent to Mediafax.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
