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Romania’s economic growth sustainable, based on exports and industrial production

Romania is currently in a very good economic situation and sees sustainable economic growth based on exports and industrial production, and not, as in the previous years, on real estate and financial speculation.

Renault group stays in Romania, despite highways delays

The Renault group will not leave Romania, even if the country still lacks a highway which connects the Constanta port to the western part of Romania, said Nicolas Maure, CEO of Dacia, part of the Renault Group.

Antibiotice Iaşi is looking for investors for two new factories of EUR 40 million

Drugs manufacturer Antibiotice Iaşi, controlled by the State through the Ministry of Health, intends to build two new production lines through a total investment of EUR 40 million which could be supported by attracting in the board a strategic investor.

Car producer pays EUR 10.5 mln to remove bad smell at tire plant in Romania

German car parts producer Continental has invested EUR 10.5 million to remove the odor around its tire factory in Timisoara, western Romania.

Local frozen pastry producer invests EUR 1.4 mln in automated production line

Panovia has completed this year, by accessing EU funds worth EUR 1.4 million, an investment in an automated production line which increases the production capacity.

Germany, Italy and France, the first three destinations for Romania's exports

Germany, Italy and France are the first three destinations for Romania's exports, at the end of the first two months of 2015 the total amount of the exports to these countries climbing to over 3.47 billion euro, a monthly bulletin on the Economy, Commerce and Tourism Ministry (MECT) website informs.

A new edition of Facility & Property Management Conference, dedicated to buildings maintenance!

The seventh edition of the event Facility & Property Management Conference will take place on 10th of June, at JW Marriott Grand Hotel, Bucharest, event dedicated to the specialists in the area of building maintenance and utilities management.

Albalact sales up 12 pct in Q1 to EUR 26.9 mln

Albalact Group in the first three months registered a turnover of RON 121.26 million (EUR 26.9 million), up 12 percent over the same period last year, while profit climbed 24 percent, to RON 3,57 million (EUR 793,000), announced on Friday the dairy processor, according to Mediafax.

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