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Paper and cardboard producer Vrancart Adjud to invest 10 mil. € in production growth

Vrancart Adjud (VNC), controlled by SIF Banat-Crişana (75%), has planned for this year investments of nearly EUR 10 million for the efficiency and production capacities growth.

CTP invests massively for the expansion of the CTPark network in Romania

CTP, an investor headquartered in the Netherlands, developer and operator of the CTPark network, invests massively for the expansion in key-markets in Central Europe.

Manufacturing outweighs mining drop, brings industry up 2.7 pct

During the first seven months of the year turnover in industry increased per total by 2.7 percent over the same period of 2014, due to rises in manufacturing (up 2.8 percent), show data from the National Institute for Statistics.

Prologis Announces Definitive Agreement on Prologis Park Bucharest A1

Prologis, Inc., the global leader in industrial real estate, today announced it has entered into a definitive agreement whereby CTP will acquire Prologis Park Bucharest A1 in Romania. The binding agreement is subject to customary closing conditions.

Portland Trust agreed with CTP the sale of Bucharest West

Real estate developer Portland Trust, found by British Robert Neale, reached an agreement with Dutch CTP for the sale of Bucharest West logistics park.

Belgian company will build parts for Airbus in Romania

Belgian company Sonaca bought a 20,000 sqm plot in Turda, north-western Romania, to build factory that will produce parts for the Airbus aircraft wings.

22 de km of Sibiu-Deva highway to be closed for repairs

Monday on September 7th starting 8 am, A1 Highway Orăştie – Sibiu will be closed on the 22 km segment between Sălişte(km 270 plus 020) and Cunţa(km 292 plus 455) for the repairs of the degradations in km 275 plus 650 of the highway.

New Romanian-Chinese memorandum for power plant

Thermal electricity producer Complexul Energetic Oltenia, which is controlled by the Romanian state, and the state-owned Chinese company China Huadian Engineering plan to form a joint venture in a public-private partnership called Huadian Oltenia Energy, which should build a new energy group with a 600 MW capacity at the Rovinari power plant.

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