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Cargus deliveries up 45 percent in first half of the year

Cargus, one of the biggest players on the internal deliveries segment, registered a 45 percent increase in deliveries in the first half of the year, compared to the same period of 2013.

Romania’s Capital has no more factories with over 1,000 employees

The place of the former factories with tens of thousands of employees was taken by malls, offices and residential buildings.

Auto sales on the rise, internal production down in H1

Auto vehicle sales have grown by 32.4 percent to 47,037 units in H1, a third of the sales continuing to consist of Dacia vehicles (13,313 units), followed by Volkswagen vehicles (3,927 units), against the backdrop in which the production dropped by 6.3 percent to 210,523 vehicles.

Advent sells Ceramica Iasi for more than EUR 10 M

Advent sells their 84.88 per cent of the shares owned at Ceramica Iasi, producer of ceramic blocks and tiles bought in 2007 for more than EUR 35 million to an investment fund registered in Hong Kong, Brikston Cooperatief, according to a report of Ceramica Iasi regarding changes in the indirect control, sent to Bucharest Stock Exchange on Monday.

New carmaker targets Romania

A world-renowned carmaker commissioned consultancy company Roland Berger to find them a 40 ha land in Romania for a production unit for cars with a capacity of 300,000 items per year, reports Economica.net.

P3 secures refinancing for five CEE logistic parks

PointPark Properties (P3) secured a €215m senior facility from pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG to refinance a portfolio of five modern logistic parks it owns in the Czech Republic, Poland and Slovakia. Dentons’ banking and real estate teams jointly advised the lenders.

Ipec Alba Iulia invests EUR 8 million in a new factory

Porcelain house goods manufacturer Ipec, controlled by Covaciu family invests over EUR 8 million to build its sixth production unit in Alba Iulia.

Investment of over EUR 50 million in Cluj: Emerson inaugurated a new production and services platform

American company Emerson has inaugurated in Cluj-Napoca a new production and engineering services platform, following an investment of EUR 55 million, where 700 people will be hired, Mediafax writes.

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