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Articles

CTP plans to triple by 2018 the logistics area in Romania, up to more than 1 million sqm

Dutch CTP, one of the largest developers and owners of logistics spaces in Romania, plans to exceed the milestone of 1 million square metres logistics spaces in the following two years, which means to triple the current area locally.

Romanian Kosarom SA Meat Processor Eyes Higher Exports to EU

Romanian pork meat processor Kosarom SA is aiming to expand its export sales to the EU to 20 per cent of the company’s total sales to compensate for the relatively low purchasing power of Romanians, according to senior company representatives quoted by thepigsite.com.

Gijs Klomp: Sunt multi investitori din Europa si SUA care se uita la Romania

Romania is a market with increasing attractiveness for the foreign investors, as the experiences of other large players in the market were already positive. The market effervescence, the growing number of developers, as well as the big names entering the market in latest years, make Romania the ideal place for real estate investments, pundits believe.

Three Romanian investors put EUR 5 mln in mineral water factory

Three local investors have inaugurated a new mineral water factory in Ocna de Fier, Caras-Severin county. The project has required a EUR 5 million investment, reports local Profit.ro.

Tecar and investment fund Abris Capital to start EUR 20 million factory in Dej

Ioan Tecar signed last year with the investment fund Abris Capital one of the largest transactions signed in 2015 by a Romanian entrepreneur.

British group with businesses exceeding ERU 100 million to open a factory in Bihor, Romania

Flying Trade Group, a food industry group from Great Britain, also active in the hotel and restaurants segment, intends to get state aid of EUR 6.8 million for the opening of a factory in Bihor county, aiming to recruit 244 people.

Great Britain, fifth export destination for Romania

Great Britain was the fifth export destination for Romania in the first quarter of this year, with total exports of EUR 650 million, up 15.3% compared to the same period of the year.

Romania’s construction market increases by 10% in 2015

The local construction market increased by 10% in 2015 over the previous year, reaching EUR 16.4 billion, according to Gabriel Colobatiu, president of the Precast Concrete Manufacturers Association (Prefbeton).

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