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Warehouse Market News

Enel temporarily suspended the sale of assets in Romania

Enel suspended temporarily the sale of assets in Romania, as last year they managed to reduce the degree of debt, after one month before the executive manager of the Italian group said that the sale was going to take place this year.

Romania’s car market up by 15 pct in January

Car sales increased by 15.4 percent in January compared to the same period of 2014, yet they dropped by 29.3 percent against December, according to APIA, which also announces an increase in second-hand cars’ imports.

Industrial sector sees slowdown over past 4 months, survey shows

The industrial sector in Romania, which includes activities such as raw material processing, mining, energy, water and waste, registered a decline over the past four months, according to the Barometer of Industry in Romania conducted by IRSOP Market Research and the Faculty of Management within the National School of Political and Administrative Studies (SNSPA).

Oradea sees EUR 53 mln investment in new thermal energy group

Following an auction, STC and Elsaco won a construction contract of a cogeneration thermal energy group in Oradea, to supply inhabitants with heat.

Steel mill invests in new production unit in Romania

Steel manufacturing company ArcelorMittal Galati has decided to invest in a new production line for pre-dyed items, which will become functional in mid-2016.

Romania to invest EUR 16 mln in upgrading three Danube ports

Giurgiu port, alongside Bechet and Corabia ship ports, managed by the Danube River Port Administration, will be upgraded following an investment of RON 70 million (EUR 15.7 million), VAT included.

Omifa opens its first local office in Romania, in Cluj-Napoca

Omifa, the office fit-out solutions provider, opens its second Romanian office in Cluj-Napoca.

Romanian aluminum producer Alro Slatina widens losses in 2014

Romanian aluminum producer Alro ended 2014 with adjusted net losses of RON 141 million (EUR 31.7 million). The losses were 64% higher compared to 2013, according to the company’s preliminary results.