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Romania industry turnover up by 4.2 pct in September compared with 2015

Romania industry turnover up by 4.2 pct in September compared with 2015

The companies’ turnover from the industry grew by 4.2 percent in September 2016 compared with September 2015, but slowed down compared with August, taking into account that the durable goods industry continued to support the businesses, shows the data published on the National Institute of Statistics (INS) on Friday.

EY: Romanian enterprises, more optimistic about turnover growth

EY: Romanian enterprises, more optimistic about turnover growth

About 64% of Romanian medium-sized enterprises expect a turnover increase this year, compared to only 50% of the medium-sized companies in Europe. Consultancy firm EY Romania highlighted the data in a study called “A vision of growth 2015.”

Sumitomo opens new factory in Drobeta Turnu Severin

Sumitomo opens new factory in Drobeta Turnu Severin

Japanese group Simotomo, owner of a car wiring factory in Caransebes, will continue its investment in Romania with a new production unit at Drobeta Turnu Severin set to open on August 18. The group will hire 2,000 people for the new factory, located in a hall on the Paper Compound platform.

Exports peak to EUR 17 billion in Q1

Exports peak to EUR 17 billion in Q1

Romania’s FOB exports reached up to RON 76,101 billion (EUR 16.933 billion) January through April this year, while imports climbed up to RON 83.943 billion (EUR 18.682 billion), according to provisional estimates of the National Institute of Statistics (INS) released on Tuesday.

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