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Construction of Western Bucharest Ring Road passage postponed

Nearly half of year after the appointment of the constructor following a bid for a passage in Domnesti, near Bucharest, the bid process is started again, instead of commencement of works.

Nearly EUR 1 million investments in Fornetti factory from Timisoara

Fornetti group invested nearly EUR 1 million in the modernization of its factory in Timisoara and the acquisition of 38 vehicles for the transportation of the products in the country. The investment is part of a development program of EUR 2 million, started six months ago, also including a new furniture factory in Hungary.

IMMOFINANZ announces the acquisition of 26 pct. of shares in CA Immo and the beginning of the merger process between the two companies

With share purchase agreement dated 17 April 2016, IMMOFINANZ AG has agreed to acquire 25,690,163 bearer shares (corresponding to a participation of approximately 26%) in CA Immobilien Anlagen Aktiengesellschaft (“CA Immo”) from Terim Limited (Cyprus) and 4 registered shares in CA Immo from O1 Group Limited (Cyprus).

Dacia’s sales rose by close to 5 pct in March, says ACEA

Car maker Dacia, owned by France’s Renault, has seen sales go up by 4.9 percent in March, in the EU and EFTA markets, according to new data from the European Automobile Manufacturers’ Association (ACEA) .

PVC window producer invests EUR 7 mln in new plant in Romania

PVC window producer Electric Plus, which owns the Barrier brand, has invested EUR 7 million in a new factory of insulating glass and a production hall for sectional residential and industrial doors.

Industrial production up 0.8% in February 2016 from February 2015

In February 2016, industrial production rose compared to the previous month, both as gross series (+8.1%) and as series adjusted by number of working days and seasonality (+1.0%).

Transporters meet at ExpoTranzit, between 21st and of 23rd of April, in Cluj-Napoca

First edition of the Transport and Logistics Fair, an opportunity to meet the most important players in the market!

Romanian Road company starts works on Mihăileşti Ring Road, towards Alexandria

Romanian Road company started the works for the Ring Road in Mihăileşti (Giurgiu county) in order to ease the traffic towards Alexandra on National Road 6 (DN6), one of the busiest roads in the country.

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