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Warehouse Market News

EC approves almost EUR 83 M co-financing of building Brasov ring road

The European Commission (EC) approved EUR 82.7 M investment from the European Regional Development Fund for building an 18.5 km long ring road for the city of Brasov (central Romania), informs a release published by the EC in Brussels, Agerpres reports.

Reindustrialization is Romania’s second chance

One goal is to turn the country into an energy sector hub, says Ionel Blanculescu, economy analyst and honorary counselor to the Prime Minister.

Romania’s exports reach record level in October

By group of products, an important share of the exports and imports was held by machinery and transport equipment – 42 pc of exports and 34.7 pc of imports, and other manufactured products – 33 pc of exports and 30.3 pc of imports.

Comarnic-Brasov highway project attracts two bidders

Two foreign consortiums placed bids for the construction in concession of the 58 km Comarnic-Brasov highway, announced the department for large infrastructure projects and foreign investments (DPIIS).

CFR Marfa becomes member of Viking Project

Ramona Manescu, the minister of transports signed in Brussels on Thursday a memorandum with her Lithuanian counterpart Rimantas Sinkevicius by which CFR Marfa becomes a member of the Viking Project for railway transport next to similar companies from Lithuania, Bulgaria, Ukraine, Moldova and Turkey.

INS: Construction works up 14.1 pc as gross series in October

Volume of construction works advanced 14.1 per cent in October compared with September 2013, as gross series, and 4 per cent respectively, in terms adjusted for business days and seasonality, according to data provided by the National Institute of Statistics (INS).

Romania’s road freight operators go on strike over fuel excise

The national road confederation (CNR) announced on Monday its members along with representatives of other transport associations will stop their activity for an indefinite period, citing the government’s lack of support for the industry and the roll out of a new fuel excise tax.

January – October industrial turnover up 4.3 pc yoy

Romania’s industrial turnover overall (internal and foreign markets) increased 4.3 percent in the first 10 months of the current year from the similar period of 2012, as a result of the 4.7 percent growth registered in the manufacturing industry, the National Statistics Institute (INS) informed on Friday, a press release informs.

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