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Articles

Belgian company will build parts for Airbus in Romania

Belgian company Sonaca bought a 20,000 sqm plot in Turda, north-western Romania, to build factory that will produce parts for the Airbus aircraft wings.

22 de km of Sibiu-Deva highway to be closed for repairs

Monday on September 7th starting 8 am, A1 Highway Orăştie – Sibiu will be closed on the 22 km segment between Sălişte(km 270 plus 020) and Cunţa(km 292 plus 455) for the repairs of the degradations in km 275 plus 650 of the highway.

New Romanian-Chinese memorandum for power plant

Thermal electricity producer Complexul Energetic Oltenia, which is controlled by the Romanian state, and the state-owned Chinese company China Huadian Engineering plan to form a joint venture in a public-private partnership called Huadian Oltenia Energy, which should build a new energy group with a 600 MW capacity at the Rovinari power plant.

Japan’s SEWS relocates production from Slovakia to Romania

According to “The Slovak Spectator,” Japan’s Sumitomo Electric Wiring Systems (SEWS) auto parts manufacturer terminated the production at its plant in Topolcany, Slovakia, at the end of July in order to relocate it to Romania.

P3 to extend VF Corporation’s European distribution hub at its Prague D8 logistics park

Pan-European logistics real estate owner P3 has signed an agreement to develop a 23,445m2tailor-made building next to VF Corporation’s existing 40,000 m2premises at theD8 logistics park to the North of Prague. The deal comes just eight months after P3 completed the 40,000 m2Phase 1 warehouse for the company and will take VF’s total representation at P3 Prague D8 to over 106,000 m2.

Largest companies in southern Romania. Dacia occupies first position

Local car producer Automobile Dacia Pitesti ranked first among largest companies in southern Romania last year, based on turnover, according to financial consultancy platform RisCo.ro.

Dacia reaches 500,000 Energy TCe 90 engines milestone

Dacia Mechanical and Chassis plant has produced until July 2015 500,000 Energy TCe 90 engines, announced the company.

Record Levels of Investment in European Industrial Market in Q2 2015

The European Industrial and Logistics market experienced record levels of investment in Q2 2015 with the total volume reaching €6.1 billion, reports the latest analysis of CBRE.