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Warehouse Market News

Romania, lowest natural gas prices in the EU at the end of last year

In the second half of 2014 Romania had the lowest price of natural gas for household consumers (EUR 3.2 per 100 kWh), less than half the average price in the EU-28 (EUR 7.2 per 100 kWh), according to the data published by the European Statistics Office (Eurostat) on Wednesday.

Bosch to invest EUR 55 M in Romania in 2015-2016

Bosch Group will invest approximately EUR 55 M in Romania in the next two years, mostly in the development of production units in the sector of mobility solutions (for the auto industry), Robert Bosch CEO Mihai Boldijar stated on Thursday at a press conference.

Romanian construction materials maker sees higher turnover, invests in new truck fleet

Romanian construction materials producer AdePlast increased its turnover in the first four months of 2015 by 12% year-on-year, reaching EUR 17.5 million, the company announced.

Alcatel-Lucent invests EUR 200,000 in LTE lab in Timisoara

Telecom equipment manufacturer Alcatel-Lucent Romania has opened an LTE lab within the Faculty of Electronics and Telecommunications of the Politehnica University in Timisoara, the company announced in a press release.

Papalekas: focus on logistics for future investments

In 2-3 years problems could reappear on Bucharest office market, as there are more and more developments and the request will not keep up with the deliveries dynamic, said the businessman Ioannis Papalekas.

Alcedo to migrate in corpore to another company, sources say

The whole Romanian top management of the pesticide manufacturer Alcedo, one of the largest players on the local agri-business market, will migrate in corpore to another international company present on the local market.

Industry barometer: the activity in the industry stagnated in April

Activity in the industry stagnated in April, after a growth in the previous month, and for the next six months the expectations continue to drop, the companies not having enough reasons for optimism, according to the Industrial Barometer, made by Irsop, and SNSPA the Management Faculty..

ArcelorMittal Galati invests EUR 4.75 mln in new plant

ArcelorMittal Galati has invested EUR 4.75 million in a plant for demineralised water used to produce steam for turbochargers and for various technological processes, the company representatives saying the investment will help strengthen the independence in providing the raw materials.

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