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Romania’s transport minister promises more highway inaugurations next year

Some 150 kilometers of new highways will be inaugurated next year, some 10 times more than this year, according to transport minister Sorin Buse.

Romania loses EUR 60 mln investment to Slovakia

Minebea, a Japanese automotive industry supplier, will invest EUR 60 million in a new factory in the city of Kosice, Eastern Slovakia. The investment may increase to EUR 100 million and may also include a research & development center, if all goes well.

Ford Trucks enters Romanian market through exclusive partnership with Cefin Trucks

Ford Trucks entered the Romanian market through an exclusive partnership with Cefin Trucks, which was named exclusive importer and distributor. In 2017 Cefin Trucks plans to sell 185 new Ford Trucks units, and estimates a sales figure of 300 units in 2018.

Wim Bosman Romania becomes Mainfreight Romania, posts 13pct turnover increase in first nine months of 2016

Logistics service provider The Wim Bosman Group officially announced that the organisation is going to change its name to Mainfreight as of December 2016. For the first 9 months of 2016 Mainfreight Romania posted a turnover of 52 million RON, up by 13 percent year-on-year and doubling the profit achieved in the same period.

EC approves phasing of major infrastructure projects in Romania

Seven major infrastructure projects, which Romania should have completed during the 2007-2013 financing period, have received the greenlight from Brussels to continue receiving funds from the new EU budget so they can be completed.

Saint-Gobain buys Romanian Pietta Glass

Saint-Gobain, the France-based producer, processor and distributor of construction and high-performance materials and packaging, has taken over Romanian company Pietta Glass for an undisclosed sum.

Turkish company to open starch factory near Constanta

Turkish company Tosmur Group announced that it would invest EUR 204 million in a starch factory in Medgidia, in Constanta county.

3 km of highway A3 in Petricani area will be functional at the end of the year

The construction works for the 3 km of highway A3 Bucharest-Ploiesti, in Petricani area, are developing according to the execution program and will be finished at the end of the year, if the weather won’t be very bad in the next period, said on Tuesday the head of the National Administration Company of Road Infrastructure (CNAIR), Catalin Homor, according to Agerpres.

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