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Managers eye business growths in manufacturing, constructions, retail and services

Romanian companies’ managers expect in the next three months business increases in manufacturing, constructions, retail and services and a relative stability of prices, except for retail which is to grow moderately, according to the National Statistics Institute (INS) data.

Logistic companies will continue investments, without significant economic growth

Logistic companies will continue investments in 2015, although they do not expect a significant economic growth in the following period of time. Demand for such services, coming from both Romanian and foreign companies, is on the rise.

Kaufland expanded its warehouse in Turda and nears 20 ha of logistic facilities

German retailer Kaufland, the leader of the local trade, with turnover estimated to EUR 1.9 billion last year, expanded its warehouse in Turda with 7,000 sq. m, reaching a total warehouse capacity of 77,000 sq. m in the locality.

Holcim Lafarge merger rejected by Holcim’s second-largest shareholder

Russian businessman Filaret Galchev, who owns a 10.8 percent stake in Switzerland’s cement producer Holcim has rejected the takeover offer that France’s Lafarge has made for Holcim, a Swiss newspaper quoted by Reuters reported on Sunday.

Continental creates 1,000 jobs new jobs in Romania

German automotive manufacturer Continental will create 1,000 jobs in Romania this year.

Austrian CA Immo cashes in EUR 33 mln in rents in Romania

Austrian real estate investor CA Immo posted last year a rental income of almost EUR 33 million in Romania, up 10% over 2013, the investor announced in its most recent financial report.

US investment fund sells Mercury Logistics Park in Romania

US investment fund Heitman sold the Mercury Logistics Park logistics park near the Bucuresti-Pitesti highway.

Logistic & industrial stock to go up by 12% in Romania

The logistic and industrial stock will increase by 12% in 2015 compared to last year and will exceed 2 million sqm in Romania, according to real estate company DTZ Echinox.

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