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Articles

Continental Envelopes Timisoara to produce 15,000 tires for Jaguar

Starting this year, Continental Envelopes Timisoara will deliver premium tires for the Jaguar automotive company, according to a press release by Continental. Through this partnership, the envelope company seeks to consolidate its premium segment.

Profi rents almost 5,000 sqm at CTPark Bucharest West

Profi discount supermarket rented 4,900 square meters at CTPark Bucharest West, former Mercury Business Park, recently bought by CTP real estate developer.

Romania and Hungary connect highways

Romania and Hungary will inaugurate a new border checkpoint on July 11, next week. It will link the two countries by interconnecting Romania’s A1 and Hungary’s M43 highways, between Nadlac (Romania) and Csanadpalota (Hungary).

Constructions volume up by 12 pct in Q1, says Tradeville

During the first quarter of 2015 the property market showed signs of improvement, according to Ovidiu Dumitrescu, CFA and deputy general director for Tradeville.

Romania’s mineral water agency plans to invest EUR 20 million in bottling plants

The National Society for Mineral Waters (SNAM) in Romania announced it is waiting for approval from the Ministry of Economy, Commerce and Tourism to start building two to four plants destined for mineral water bottling. This means an investment of up to EUR 20 million, financed through a bank credit.

Processing industry, construction, trade and services managers anticipate growths in their sectors

The managers in the processing industry, construction, retail trade and services anticipate growths in their respective activities over June-August, the National Institute for Statistics (INS) announced on Monday.

Cement producer merges its three subsidiaries in Romania

German cement producer HeidelbergCement will merge its three subsidiaries in Romania, Carpatcement Holding, Carpat Beton and Carpat Agregate, in a single company.

201 M lei invested in metallurgical sector in 2014

The total investment expenditure in the metallurgical sector amounted to over RON 200.9 M in 2014, in nominal term up by 56.3% compared to 2013, according to a publication of the National Statistical Institute (INS).

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