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Industrial sector dominated real estate investments in 2015 in Romania

Industrial real estate in Romania reached a record level of 389 million dollars, representing 57 pct. of the total investments registered in 2015.

Kromatic invested 4,5 million euro in a laundry unit in Brasov

Promar Textil, one of the top companies on the textile production market, announces its entry on the professional laundry segment, through the launch of Kromatic Brasov, following a 4.5 million euro investment and an in-depth research of the domain’s innovation potential, a press release sent by the company informs.

Project of a motorway to link Romania's historic provinces Moldavia and Transylvania continues

The project of a motorway to link Romania's historic provinces Moldavia and Transylvania continues; it will be included in the Master Plan for transportation, Vice Prime Minister Vasile Dancu told Agerpres on Sunday night.

Investment of EUR 64 million lei in new industrial park developed in Călan, Romania

A new industrial park was developed with European funds on 40 hectares in Călan, Hunedoara county, on the platform of a former steel factory. The park will be functional starting this spring, but the local authorities didn’t sign yet contracts with companies willing to operate in the new industrial hub.

95 km of highway planned in Romania this year

The national road authority in Romania intends to open this year 95 km of highway, with a budget of 4.23 billion lei, similar to the one in 2015.

AdePlast hopes for two-digit turnover growth in 2016

AdePlast, Romanian producer of construction materials, casts a hopeful eye to 2016, after registering a 5 percent growth across all production divisions in 2015, shows a company press release.

Nokia returns to Romania after four years

Finland’s Nokia Group has returned to Romania. Starting in mid-January, Nokia’s logo has replaced the logo of France’s Alcatel in Timisoara. The Finnish company will not build another plant but will operate in our country as a result of its merger with France’s Alcatel-Lucent.

German group buys locomotives from Romanian producer

Romanian company Softronic, the Craiova-based producer of electric locomotives and frames, sold two locomotives to German group DB Schenker in December 2015.

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