The state would have paid only EUR 2.7 billion for the construction, operation and maintenance of the Comarnic-Brasov highway for 30 years if it had the money. However, adding the financing costs, the amount rises to EUR 8.45 billion, reports local Mediafax.
The industry turnover in Romania increased by 8% in the first 11 months of 2014 compared to the same period last year, according to data of the National Institute of Statistics (INS).
Romania’s highway network, currently 700 km in length, will be extended by another 50 km this year and 200 km in 2016, according to Ioan Rus, minister of Transport.
Construction company ACI Cluj, controlled by several local entrepreneurs, including Ioan Aşchilean, Horia Ciorcilă and Dorin Goia, will recruit 80 people this year, following the completion last month of the construction of metallic confections factory, EUR 3.4 million investment.
Continental Automotive Romania, the electronic parts manufacturing division of Continental, completed an investment of EUR 6.5 million in a new building on two floors within the research and development centre from Sibiu.
Romania's exports reached 48.7 billion euro in the first 11 months of 2014, up by 6.5 percent, whilst imports recorded 54 billion euro, by 6 percent higher compared to January to November 2013, according to the data released on Friday by the National Statistics Institute (INS).
Romania’s Constanta Port will be expanded and modernized with almost EUR 600 million. A first draft of the development plan is already available for public debate, reports local Digi24.
The prices of industrial production in Romania decreased overall by 0.1% in November 2014 compared to the previous month, on the domestic market and on the foreign one having been lower by 0.2% and 0.1% respectively, the National Institute of Statistics (INS) announced on Tuesday.
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