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Articles

The CEE Investment & Green Building Awards

The annual CEE Investment & Green Building Awards Gala and Investment Summit, being held on October 30th in Warsaw at the prestigious Intercontinental Hotel, is recognized as one of the most important and valuable real estate events in Central and Eastern Europe. With its unique international real estate business mix the event, now in its fourth year, is expecting over 300 industry leaders active in the CEE region.

Lot 1 of Nadlac-Arad motorway, ready in December

Lot 1 of the Nadlac-Arad motorway, which connects Nadlac to Pecica, will be ready until December, the contractors assured during a brief visit of the construction site by PM Victor Ponta at the end of last week.

Frigoglass relocate its production from Turkey to its factory in Timisoara

Frigoglass, one of the most important companies on the glass pack and beverages cold stock systems market will relocate its production lines from the factory in Silivri, Turkey, to the unit owned in Timisoara.

Cargus deliveries up 45 percent in first half of the year

Cargus, one of the biggest players on the internal deliveries segment, registered a 45 percent increase in deliveries in the first half of the year, compared to the same period of 2013.

Romania’s Capital has no more factories with over 1,000 employees

The place of the former factories with tens of thousands of employees was taken by malls, offices and residential buildings.

Auto sales on the rise, internal production down in H1

Auto vehicle sales have grown by 32.4 percent to 47,037 units in H1, a third of the sales continuing to consist of Dacia vehicles (13,313 units), followed by Volkswagen vehicles (3,927 units), against the backdrop in which the production dropped by 6.3 percent to 210,523 vehicles.

Advent sells Ceramica Iasi for more than EUR 10 M

Advent sells their 84.88 per cent of the shares owned at Ceramica Iasi, producer of ceramic blocks and tiles bought in 2007 for more than EUR 35 million to an investment fund registered in Hong Kong, Brikston Cooperatief, according to a report of Ceramica Iasi regarding changes in the indirect control, sent to Bucharest Stock Exchange on Monday.

New carmaker targets Romania

A world-renowned carmaker commissioned consultancy company Roland Berger to find them a 40 ha land in Romania for a production unit for cars with a capacity of 300,000 items per year, reports Economica.net.

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