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Articles

Timişoara and Arad to be connected by motorway to Western Europe

The motorway Nădlac-Arad (39 km) will be completed in December, at the same time the Hungarians are expected to complete the motorway Mako-Nădlac (23 km), so for the first time two big cities in Romania, Arad and Timişoara will be connected by motorway to Western Europe.

Best Foods bought EUR 2.9 mil. plot of land in Bucharest from Spicul

The snacks producer Best Foods, owned by the businessman Epameinondas Ochonos, has bought a plot of land of 8,000 sq. m situated on Bucharest’s Timişoara Blvd. for approx. EUR 2.9 million from the insolvent bread producer Spicul, controlled by the businessman Gheorghe Ilie.

Bosch invested EUR 77 M in production centre in Cluj

Bosch has invested EUR 77 million in their research and production centre in Cluj, and the unit that started to operate and the end of last year is to be officially opened on May 9, announced the German corporation in a press release.

Okian invests EUR 500,000 into e-fulfillment platform

Okian, the company that runs the online book store Okian.ro, has launched, with EUR 500,000 investment, the e-fulfillment platform Frisbo, which is estimated to deliver orders of over EUR 1 million during the first year.

Craiova’s 1.5-litre EcoBoost engine will equip the new Ford Focus

The new Ford Focus, on sale from the second half of 2014, marked yesterday at Mobile World Congress in Barcelona, the European debut of SYNC 2, Ford’s advanced in-car connectivity system, as well as the new 1.5-litre EcoBoost petrol and TDCi diesel engines, a press release informs.

Dacia to start the production of Euro 6 engines at the end of the year

Dacia and the Renault Technology Centre of Romania (RTR), part of the Muntenia Auto Pole, yesterday signed two investment projects with the Management Authority for the Sectorial Operational Programme ‘Increase of Economic Competitiveness’ (POS CCE) that will support Dacia in testing the new engines.

JLL: Producătorii de componente auto încep să cumpere sediile fabricilor din România

Producătorii de componente auto, sector cu o cifră de afaceri anuală de circa 9 mld. euro, mai mare chiar decât cea a producătorilor de autoturisme, au început să fie interesaţi de achiziţia halelor în care îşi desfăşoară activitatea la nivel local ca urmare a ieftinirii preţurilor şi a conturării unor planuri pe termen lung, afirmă Cristina Pop, head of industrial agency în cadrul firmei de consultanţă Jones Lang LaSalle.

Energiaprima invests EUR 170 mln in local solar installations

One of the biggest local solar installations was completed by a group of companies in Satu Mare, northern Romania, underlining the massive development of the photo-voltaic sector in recent years ahead of planned cuts in the subsidies system.
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