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Warehouse Market News

2014-2018 highway network strategy to be presented today

Prime Minister Victor Ponta announced yesterday that he would present the 2014-2018 highway network development strategy today, together with Ramona Manescu, Minister of Transport, and Dan Sova, Minister for Major Projects, Mediafax notes.

Ford in one-week production halt in Craiova

American car maker Ford will halt the production of cars and engines at its plant in Craiova for one week, citing poor sales on the European market, reports Mediafax newswire.

H&M – New Client for DB Schenker Bulgaria

In the last two years, the brand „Hennes & Mauritz“ (H&M) extended its activity in Bulgaria to a network of 10 stores in the country.

Romanian exports in Eastern Partnership countries stood at EUR 821 M in H1

Romania’s exports to the six states within the European Partnership (Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldavia, and the Ukraine) have gone up from EUR 760 million in the first quarter of 2012 to EUR 821 million in the first six months of 2013, while imports have dropped from EUR 522 million to EUR 44 million, data released yesterday by Eurostat shows.

AmCham: US investments in Romania worth USD 20 bln

The total volume of investments made by companies members of the American Chamber of Commerce in Romania – AmCham – reached USD 20bln, more than 200,000 jobs being created, shows an impact study yesterday presented by the representatives of the AmCham, Agerpres reports.

ZTE plans total investments of EUR 100 M in Romania

Chinese telecom equipment producer ZTE will carry out an investment program of around EUR 100 million in Romania by 2015, according to Lorian Vintila, head of ZTE Romania, quoted by Mediafax.

High-speed railway to be built in Romania using Chinese technology

Romania is planning to build a high-speed railway using Chinese technology, as part of the cooperation plans being signed in Bucharest during the visit of the Chinese prime-minister Li Keqiang in the country, announces chinadaily.com.cn

Huawei to set up regional center in Bucharest, says Romanian PM

Chinese telecom company Huawei will invest in research and education programs in Romania, and will set up a regional center in Bucharest, announced on Friday the prime-minister Victor Ponta, after the government committed to support these investments, according to Mediafax.

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