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Pitesti-Sibiu Highway project, under emergency working conditions

Catalin Homor, CEO of the National Highways and Roads Company (CNADNR), has decided to set up a working group in order to urgently complete the feasibility study on the Sibiu-Pitesti Highway.

Three new industrial parks in Romania

Infohale.ro writes about the development of three new industrial parks in Romania, in the cities of Oradea, Ramnicu Valcea and Bistrita.

Siniat appoints Tanguy Vanderborght as CEO of Romania and Poland

Siniat, the manufacturer of construction materials, appointed Tanguy Vanderborght as CEO for the company’s operations in Romania and Poland, a statement reads.

IB Cargo freight forwarding company, 31 pc growth in 2015

IB Cargo, an independent freight forwarding company that has been operating at global level since 2008, registered a turnover growth of 31 per cent year-on-year in 2015, reporting revenues of EUR 19.02 M.

Romania’s Alro secures USD 60 mln loan for 2016 investments

Alro SA, Romanian aluminium producer, has concluded a USD 60 million loan agreement with the Black Sea Trade and Development Bank (BSTDB), which will allow the company to proceed with its 2016 investment program, “focused on increasing the efficiency of its operations, reducing energy dependency and improving overall competitiveness,” according to a press release from BSTDB and Alro.

Romania’s Sameday Courier aims to triple its profits this year

Sameday Courier (SDAY), the first Romanian courier service listed on the Bucharest Stock Exchange AeRO market, announced an increase of 25 percent in revenue for 2015 compared to 2014, reaching RON 8.6 million (as opposed to RON 6.8 million in 2014), according to a company press release.

Holcim Romania appoints new general director starting April

Sofiane Benmaghnia was named general director of Holcim Romania starting April 1, 2016, and will be replacing Francois Petry, who became CEO of Aggregates Industries – subsidiary of LafargeHolcim in the United Kingdom, according to a Holcim press release.

EBRD President: Infrastructure is Romania’s big weak spot

Romania’s economy has a great potential as well as a huge weak spot in infrastructure, according to the European Bank for Reconstruction and Development – EBRD’s President Suma Chakrabarti.

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