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Works on Sibiu-Pitesti, Targu Mures-Iasi and Comarnic-Brasov motorways planned to start, says PM

Construction works will be starting at the Sibiu-Pitesti, Targu Mures-Iasi and Comarnic-Brasov motorways, PM Victor Ponta on Monday evening told Digi TV private broadcaster according to Agerpres.

FM Logistic appoints new sales manager in Romania

FM Logistic announces the appointment of Razvan Rosculet as sales director in Romania, having the main objective to increase the turnover by strengthening the relationships with the existing partners, but also by expanding the company’s client portfolio.

Romania’s imports reach new record high in March, trade deficit widens

Romania’s imports passed the EUR 5.6 billion mark in March setting a new record. The imports were 17.6% higher than in February and 11.6% higher than in March 2014, according to data from the National Statistics Institute (INS).

Romanian auto market valued at EUR 18 bln last year

According to Constantin Stroe, President of the Romanian Association of Auto Manufacturers (ACAROM), the Romanian auto market had a value of EUR 18 bln in 2014.

Transport Master Plan, final draft, sent to European Commission

The revised Transport Master Plan draft sent to the European Commission entails the construction of over 1,300 kilometers of highway, at a cost of EUR 13.739 bln.

Three companies interested in Romania’s insolvent chemical producer Oltchim

Three companies are interested in buying Romania’s insolvent state-owned chemical producer Oltchim, said Economy Minister Florin Tudose. Two of the companies are Chinese and one is from Europe.

Automobile Dacia sees business growing to EUR 4.24 bln in 2014

Automobile Dacia’s turnover grew from EUR 4.16 billion EUR in 2013 to EUR 4.24 billion last year, strengthening its position as the largest company in Romania, said Dacia president Nicolas Maure, according to Mediafax.

Romanian power producer Hidroelectrica to invest EUR 1.3 billion

Romanian power producer Hidroelectrica has an investment budget of EUR 1.3 billion for 2015-2020.

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