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Turkish company Nurol Makina plans to make military vehicles in collaboration with Romanian firms

The Turkish company Nurol Makina plans to produce 4×4 bullet-proof vehicles in Romania for the defence industry, the value of investment being at least EUR 15 million.

Cold cuts producer Meda Prod to invest 3 mil. € in new factory

Cold cuts producer Meda Prod 98 from Bucharest, one of the largest players in the market, expands with a new production unit, investment estimated at nearly EUR 3 million, planned before the economic crises.

Romania’s Sibiu-Pitesti highway to be ready by end-2021

Sibiu-Pitesti, one of the most anticipated highways in Romania, will open for traffic at the end of 2021, according to Catalin Homor, the general manager of the National Road Infrastructure Administration Company (CNAIR).

ENGIE Romania buys Cofely Building Services&Maintenance

ENGIE Romania, via its subsidiary ENGIE Servicii, has purchased Cofely Building Services&Maintenance to create ENGIE Building Solutions SRL.

Producer Final Distribution from Prahova invested EUR 350,000 in a warehouse

Dan Mircescu, the businessman controlling the roof systems producer and importer Final Distri­bution from Băicoi (Prahova county), says the company’s business increased with more than 10 pct. in the first nine months of this year, but the market is still volatile.

Papalekas starts cashing out from rents, following real estate investments of hundreds millions Euros

The results of the real estate acquisitions flow of the Greek businessman Ioannis Papalekas in Romania started to show. The operational revenue of Globalworth, its real estate vehicle (the businessman owns 36.1 pct of it), went up to EUR 33.8 million in the end of September, growing with 68 pct. compared to the same period of last year.

Total freight traffic in Romanian sea ports reaches 49 million tons

The total freight traffic through Romania’s sea ports amounted to 49.1 million tons in the first ten months of this year, up 2.7% compared to the same period last year, according to the “Maritime Ports Administration” National Company.

Romania’s national car production drops 8%, Dacia produces more Dusters

Romania’s national car production dropped by 8.3% to 301,000 units, in the first ten months of this year, according to the Automotive Manufacturers and Importers Association – APIA.

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