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Belgian investor wants to produce EUR 5,000 electric car in Romania

The first low-cost electric car 100% made in Romania will have a price of EUR 5,000 and will be produced in Arges county, reports local Digi24. A first model of the electric car was presented at the opening of the 2016 Clujotronic festival of digital arts, organized in Cluj-Napoca last week.

Pirelli plans new investments in tire factory in Romania

Italian tire producer Pirelli plans to open a bicycle tire factory in Romania, said Pirelli CEO Marco Tronchetti Provera.

CTP appoints Mrs. Ana Dumitrache as co-country Head of CTP Romania

CTP announced the appointment of Mrs. Ana Dumitrache as co-country head for CTP Romania who will co-ordinate operations with CTP CEO, Remon L. Vos.

New express road will link Bucharest’s Otopeni Airport to A3 highway

Romania’s National Highways Company CNADNR has started taking the first steps towards making an express road that would connect Bucharest’s Otopeni Airport to the A3 highway.

Saint-Gobain Glass wants to launch new production line in Romania

French group Saint Gobain analyzes the possibility of launching a new production line for special glass for windshields, in 2018, according to Norbert Teschner, general manager of Saint-Gobain Glass Romania.

Great selection of CEE outstanding logistics and supply chain solutions TRANSLOG Connect Congress 2016

Romania has the 49th place in the world in terms of GDP. It is the European gateway to the Balkans, Turkey, Asia and North Africa. Trade exchange with Romania is improving every year.

Managers forecast moderate growth in manufacturing, services between Sept. – Nov.

Managers are forecasting a moderate growth of activity in the manufacturing and services sector between September-November 2016, as well as a drop in prices in retail, a study by the National Institute of Statistics (INS) shows.

The most modern testing center of the Continental company was opened in Brasov

Continental, one of the most important international suppliers of automotive components and the main tire manufacturer in the world, has opened on Tuesday, in Brasov, a new research and development center in Romania, with an investment of EUR 6 million.

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