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German pump producer ups Romania turnover by over a third

The local subsidiary of German pump producer Wilo SE posted last year a turnover of EUR 19.5 million, up 37% over 2013.

Sanex implements EUR 1.4 mln green project co-funded by the Norwegian Gov’t

Ceramic tiles producer Sanex runs as of March 2015 a project worth almost EUR 1.4 million, co-funded by the Norwegian Government.

Logistics group’s sales up ten-fold in Romania in eight years

French logistics group Gefco recorded last year in Romania a turnover of EUR 52 million, up 10% over 2013. The business increased ten-fold compared to 2006, its first year of activity in Romania, when it amounted to EUR 5.2 million.

Romanian paper tissue producer sells stake to Abris Capital Partners

Local businessman Ioan Tecar, the owner of the group MG-Tec, sold a stake in four of the group’s companies to investment fund Abris Capital Partners.

Works on Sibiu-Pitesti, Targu Mures-Iasi and Comarnic-Brasov motorways planned to start, says PM

Construction works will be starting at the Sibiu-Pitesti, Targu Mures-Iasi and Comarnic-Brasov motorways, PM Victor Ponta on Monday evening told Digi TV private broadcaster according to Agerpres.

FM Logistic appoints new sales manager in Romania

FM Logistic announces the appointment of Razvan Rosculet as sales director in Romania, having the main objective to increase the turnover by strengthening the relationships with the existing partners, but also by expanding the company’s client portfolio.

Romania’s imports reach new record high in March, trade deficit widens

Romania’s imports passed the EUR 5.6 billion mark in March setting a new record. The imports were 17.6% higher than in February and 11.6% higher than in March 2014, according to data from the National Statistics Institute (INS).

Romanian auto market valued at EUR 18 bln last year

According to Constantin Stroe, President of the Romanian Association of Auto Manufacturers (ACAROM), the Romanian auto market had a value of EUR 18 bln in 2014.

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