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Articles

Romania, among the biggest bicycle producers in the EU

Romania ranks sixth in the EU in terms of bicycle production, as the country has produced 820,000 bicycles in 2014, according to a report of the Confederation of the European Bicycle Industry CONEBI.

A factory in Timisoara, on sale for EUR 4 million

CITR, the judicial administrator of the construction materials manufacturer Energoterom in Timişoara county, has put on auction sale for nearly EUR 4 million a factory, producing expanded polystyrene, sandwich panels, pipes and insulated accessories, according to data on the company’s website.

Teraplast Bistriţa to outsource its warehouses and transport fleet

PVC joinery manufacturer Teraplast Bistriţa (TRP) will transfer its logistics activities, namely warehousing and transportation, on a separate company, in order to reduce its costs and will focus on its main activities.

Infrastructure: CNADNR organizes open tender for Busteni

The National Road and Motorways Administration Corporation (CNADNR) organizes an open tender for a contract with estimated value of 17.9 million lei, for the design and execution of Busteni beltway, according to an announcement published by CNADNR in SEAP system.

Cement producer increases sales on all segments in Romania

Cement and aggregates manufacturer LafargeHolcim increased its cement sales in Romania by 15.3% in the first nine months of the year, especially due to the strong advance of the construction market in Bucharest.

Moldova’s largest agribusiness group buys Romanian company

Trans-Oil, Moldova’s largest agribusiness company, will take over the local company Racova, active in agriculture and food industry, in a transaction estimated at over USD 100 million, which should be completed by December.

Miele Group invests EUR 1 M in expansion of Brasov plant

Miele, the German producer of high-end domestic appliances, is developing a software division in Brasov County, where the company already owns a plant which manufactures components for its production units in Europe and the world.

Romania grants EUR 83 mln state aid to eight producers

Eight companies in the manufacturing industry have ongoing investments of about EUR 170 million in setting up new plants or expanding their operations in Romania.

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