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Articles

The Realty Forum 2017 to take place on April 25

They say landlords grow richer in their sleep, yet the last couple of years show that returning to growth was no easy endeavour for local developers and investors. Already an established event for the Romanian real estate industry, Business Review’s Realty Forum will bring together industry professionals and consultants alike to find out their take on how the market is evolving and their forecast on the segments promising the highest profits by the end of 2017 and beyond that.

EUR 3.5 Million New Factory Investment of GreenWEEE International In Cluj-Napoca

GreenWEEE International, part of the recycling group Green Group, present for 15 years on the Romanian market, will open this year a new waste treatment factory in Cluj-Napoca, North-Western Romania.

Industrial Production Advances in January 2017 in Romania

Industrial production in Romania has increase in January both as gross series and as adjusted series depending on the working days and seasonality, with 5.8 pct and 5.5 pct respectively, compared to the similar period of last year, according to the National Institute of Statistics.

Sonaca Officially Opens Its EUR 11.8 Million Factory in Cluj County Western Romania

Belgian aircraft parts manufacturing company Sonaca has inaugurated its new factory in Romania, situated in Moldoveneşti, Cluj factory, an investment of nearly EUR 12 million.

French Group Faurecia, One of the Largest Car Part Manufacturers Worldwide, To Open New Factory In Romania

The French manufacturer of auto parts Faurecia, one of the largest suppliers on this segment worldwide, will open a new factory in Romania in the end of this month.

Romania Attracts More Automotive Investments, Mainly In Its Western Hubs

The auto parts manufacturers register local overall turnover exceeding EUR 14-15 billion, with a total of more than 190,000 employees in Romania. The largest of all is Continental, with 2.3 billion and 17,500 employees.

British American Tobacco To Invest EUR 21 Million In Its Romanian Factory

British American Tobacco (BAT) will relocate this spring the production for certain e-cigarette products from Great Britain to its Ploiesti factory, following an investment of EUR 21 million.

Home Appliances Distributer Marelvi Rented Warehosue In Mega Distribution Center Bucharest

Home Appliances Distributer Marelvi, controlled by local entrepreneur family Mihalescu, has invested in opening a new warehouse near Bucharest, close to the Bucharest-Pitesti highway.

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