The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of Grupo Industrial Roquet, a Spanish producer of hydraulic components, with a EUR 5 million loan which will be used to co-finance the development of a greenfield plant in Romania, a press release informs.
Ford will interrupt the operations at its Craiova-based plant for several days in March and April. Only the section of Vehicle Operations will be affected, as the measure will not apply to the section that manufactures the Ecoboost engines, Ford officials announced, quoted by antena3.ro.
Dr. Oetker, the biggest producer of food additives, will build a new factory in the village Valea Iaşului (Argeş district), as last year bought 14 ha plot of land situated in the vicinity of the current production unit.
Investors who bought pump manufacturer Aversa said they plan to invest EUR15 million in a new production facility in capital city Bucharest, but argued their investment plans are hindered by a lawsuit filed by Romania’s privatization authority AAAS.
Representatives of big industrial consumers warned the liberalization of the energy markets and the renewable subsidies have built up their costs to unsustainable levels, which may result into industrial relocations and job losses in Romania. They are seeking exemptions from paying green taxes and are calling for a transition period on energy costs deregulation.
Ford will produce their Fiesta line in Craiova, starting with 2017, after the American group will move part of their assembly line to the Romanian factory from Cologne, Germany. The move is motivated by the massive losses the company supported in Europe, after the sales dropped, Bild writes quoting Ford sources.
The largest real estate transaction in 2013 was the acquisition of the commercial centre City Park Constanta by New Europe Property Investors (NEPI) in the last quarter of last year. The total value of the transactions with commercial centres, offices and industrial facilities is estimated to EUR 330 million.
Doua proiecte industriale importante au fost inaugurate oficial in trimestrul 4 din 2013 in Romania. In octombrie 2013, Coficab a deschis o unitate de productie de cabluri electrice destinate industriei auto, de 11.000 de m2 in Ploiesti West Park.
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