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Estimates of companies managers: tendency for growth in the manufacturing, construction and retail industries

The managers of the companies estimate, for Q2, growth tendencies in the manufacturing, constructions and retail industries and a moderate growth tendency in the sector of services, against Q1 according to the short term indicator published by INS.

Basescu to investors: You can trust Romania, our economy is performing better and better

President Traian Basescu told the TRW Automotive Investors in Roman they can trust Romania and the economy of our country is performing better and better, assuring them he will pay attention to the evolution of this plant also after the end of his term.

Albalact shareholders put on sale the logistics division

The shareholders of Albalct, the largest Romanian owned dairy producer, recently approved the initiation of negotiations with potential investors for the partly or fully selling of Albalact Logistics, the company in charge with the company’s logistic activity.

Draexlmaier Group will open a new factory in Pitesti, where it will create 500 jobs

Draexlmaier Group, one of the most important producers of wiring systems in the auto-industry, will open a new factory in Pitesti, where it will produce replacement parts and wiring for one of the largest car-makers in the world. The project will create 500 jobs.

SYMMETRICA, in review after 20 years: investments of 23 million euro, 5 factories and 8 million meters of delivered products

Symmetrica, the local leader on the paving bricks and vibropressed curbs market and the largest local producer, has made total investments of 23 million euro in its 20 years of existence, out of which 18.5 million euro were directed to the five production units.

CEE Manufacturing Excellence Awards & Strategy Summit

EuropaProperty.com and CEO Manufacturing Magazine are proud to announce the second annual CEE Manufacturing Excellence Awards & Strategy Summit. Our annual industry event covers, supports and recognizes manufacturing success in all sectors of the industry. Building on the success of our inaugural event, the Manufacturing Excellence Awards & Summit is being hosted June 10/11, 2014 once again in the beautiful InterContinental ballroom.

Henkel invested EUR 1 million in a production line in Câmpia Turzii

German group Henkel, present on the local market with three divisions – construction materials, personal care products and house care products – opened this month a new production line for decorative plasters and primers in Câmpia Turzii, following an investment of approx. EUR 1 million.

Two Western-European auto-investors may tap Romania for EUR 75 – 80 mln projects

Two Western-European companies in the auto-industry are interested in entering the Romanian market. The estimated value of investments is EUR 75-80 million, according to Constantin Cstroe, president of the Romanian Car Producers Association (ACAROM).

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