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InterAgro resumes production in Turnu Magurele, Slobozia chemical factories

The InterAgro Group is resuming production at the chemical plants Donau Chem of Turnu Magurele and Chemgas of Slobozia (both in southern Romania) starting on Thursday, the group has announced.

Romania, second highest industrial production growth in the EU in June

Romania recorded the second highest increase in industrial production in the European Union (EU) in June 2014 compared with June 2013, of 9.9 percent, according to recent data from Eurostat. Only Hungary posted a higher increase in industrial production – 11.3 percent.

Why buying former factories?

In the last ten years, most of the transactions with large plots of land in Bucharest were represented by the land of the former factories.

Leoni rented 7,000 sq. m in Log Center Arad

The producer of cables for the auto industry Leoni Wiring Systems, part of the German group Leoni, will occupy nearly a quarter (7,000 sq. m) of the industrial park resulted from the reconfiguration by Immofinanz of the commercial centre Armonia Arad.

Sinterom invests EUR 3.2 million in its production line in Cluj-Napoca

Auto-equipment producer Sitnerom SA Cluj-Napoa announced on Monday it finished investments of EUR 3.2 million in modernizing its production line and creating 45 new jobs.

Industrial production, up 9.1% in H1

Industrial production rose by 9.1% in H1 2014 compared to H1 2013, while the growth adjusted to the number of business days and seasonality was 10.4%, according to the data released Monday by the National Statistics Institute /INS/.

Current industrial hubs stock in Romania, estimated at 1.8 million sq. m

Current industrial hubs stock in and near Bucharest is estimated at approx. 1 million sq. m, while the level of the entire country reached 1.8 million sq. m, according to the study made by Jones Lang LaSalle (JLL).

Land prices for real estate projects development, down in H1 2014

The prices of the lands for real estate projects development have decreased with an average of 4 pct compared to the similar period of last year, in Arad (-14%), Alba Iulia (-10%) and Targoviste (-10%) being registered the most significant reductions, while in Bucharest they only went down with 2 pct.

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