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Romanian chemicals producer finishes EUR 14 mln cogeneration plant

Local chemicals producer Chimcomplex Borzesti has invested EUR 14.35 million in a cogeneration plant on its platform, which it put into use last week.

Romania’s Highways Company pays EUR 33 mln for road rehabilitation

Romania’s National Highways Company CNADNR on July 2 signed two contracts worth EUR 33 million for the rehabilitation of almost 50 km of the national road which connects Bucovina to Maramures.

Continental Envelopes Timisoara to produce 15,000 tires for Jaguar

Starting this year, Continental Envelopes Timisoara will deliver premium tires for the Jaguar automotive company, according to a press release by Continental. Through this partnership, the envelope company seeks to consolidate its premium segment.

Profi rents almost 5,000 sqm at CTPark Bucharest West

Profi discount supermarket rented 4,900 square meters at CTPark Bucharest West, former Mercury Business Park, recently bought by CTP real estate developer.

Romania and Hungary connect highways

Romania and Hungary will inaugurate a new border checkpoint on July 11, next week. It will link the two countries by interconnecting Romania’s A1 and Hungary’s M43 highways, between Nadlac (Romania) and Csanadpalota (Hungary).

Constructions volume up by 12 pct in Q1, says Tradeville

During the first quarter of 2015 the property market showed signs of improvement, according to Ovidiu Dumitrescu, CFA and deputy general director for Tradeville.

Romania’s mineral water agency plans to invest EUR 20 million in bottling plants

The National Society for Mineral Waters (SNAM) in Romania announced it is waiting for approval from the Ministry of Economy, Commerce and Tourism to start building two to four plants destined for mineral water bottling. This means an investment of up to EUR 20 million, financed through a bank credit.

Processing industry, construction, trade and services managers anticipate growths in their sectors

The managers in the processing industry, construction, retail trade and services anticipate growths in their respective activities over June-August, the National Institute for Statistics (INS) announced on Monday.

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