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Articles

A company in Strabag group builds the industrial park in Bistrita

Antrepriza de Reparaţii şi Lucrări ARL Cluj, member of the Austrian group Strabag, has started in association with the company Serbis from Bistriţa, controlled by Liviu Mihail Naghiu, the construction works for Bistriţa Sud industrial park, an investment of 25 million lei (EUR 5.3 million).

Greenprav invests EUR 35 mln in a biomass-fueled cogeneration unit in Busteni

Romanian power producer Greenprav started the construction of a woody biomass-fueled cogeneration unit in Busteni (Prahova county), worth EUR35 million, town hall officials stated Friday.

No investors interested in taking over Oltchim

No investor has managed to submit a purchase offer for the Oltchim SPV shares owned by Oltchim SA before the deadline.

Mega Image to built second distribution centre to sustain expansion

Mega Image will continue its expansion in Bucharest, where the company will also build a new distribution centre to support these plans, the Belgian group Delhaize’s CEO Frans Muller said.

Chinese group ZTE will open a service center in Romania

ZTE, one of the biggest worldwide telecom producers, will open a service center in a western town of Romania by the end of September 2014. The center will be tasked with monitoring 23 telecommunications networks in 23 European countries, writes MEDIAFAX.

Coface: Romania's exports up 12 pct in 2013 compared with 2012

Romania’s exports have registered 12% growth in 2013 compared to the previous year, following a relative stagnation in 2012, but this surge is not enough to remove all commercial risks, according to a release of the Coface consultancy company.

PIC hypermarkets in Craiova, Calarasi, Braila put up for sale again

The former PIC hypermarkets in Craiova, Calarasi and Braila, as well as a plot of land in Blejoi, Prahova county, will be put up for sale again on April 25, by judicial administrator PricewaterhouseCoopers Business Recovery Services, at a total starting price of EUR 10.2 million.

Logistics Performance Index (LPI) Report: Romania climbs 14 positions

Romania ranks 40th out of 160 countries for logistics performance, according to a report published by the World Bank. The country climbs 14 spots after ranking 54th in the previous year.