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Articles

Buzoianu family to sell Retrasib to invest in Cluj Business Center

Businessmen Octavian and Călin Buzoianu, who control over 80 pct. of the Retrasib Sibiu (RTRA)shares, mostly through the companies Institut Proiect and Trafo Proiect, intend to sell their shares in the engine, generators and electric transformers manufacturer to the German company SGB-Smit International, in order to focus on other projects ongoing.

Chinese companies willing to invest in Romanian IT

The Chinese companies are willing to invest in several Romanian sectors such as the information technology, steel-making, engineering, trade and infrastructure, said Shi Guangliang, deputy managing director of the Commerce Department of Chinese Shandong Region, who attended a seminar organised by Ernst&Young on Friday, Agerpres reports.

Swiss construction materials producer Sika opened a factory in Cluj County

Swiss chemical construction materials producer Sika inaugurated a new factory in Căpuşu Mare in Cluj County, a second unit owned by the company in Romania, after the factory inaugurated in Brasov in 2008.

Ursus leases 9,300 sqm in Log Center Timisoara

Immofinanz announced on Thursday that it has signed a five years lease for 9,300 square meters of logistic space with Ursus Breweries. The brewer will become a tenant of Log Center Timisoara, one of the biggest logistic properties in the Immofinanz portfolio.

Kromberg & Schubert acquires its leased properties in Arad county

German automotive components producer Kromberg & Schubert has acquired the property leased from Solvency Project in Chisineu Cris (Arad) for the last 10 years in order to expand the current manufacturing capacity.

C&W leases 54,000 sqm of warehouse in Slovakia

Cushman & Wakefield brokered 54,000 sqm of warehouse and production space leases in Slovakia in the first half of 2014. Approximately 25,000 sqm were leases for previously vacant space.

Fabryo-Atlas Paints to build a mortar factory in Popesti-Leordeni

Early this year, paint producer Fabryo-Atlas Paints has started a construction for a mortar factory on the platform it owns in Popesti-Leordeni, Ilfov county, according to Mediafax. The new production unit should become operational in October.

Bistrita Sud Industrial Park could be inaugurated in the end of 2014

The first companies to occupy spaces in this location are local companies, which will benefit from the advantages of investing in the future park: modern utilities, local tax exemptions, the possibility to access non-reimbursable funds or State aids.

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