UK-based GlaxoSmithKline (GSK), the drugsmaker, said on Thursday it would shut off its Europharm plant in Brasov by the end of 2015 and transfer the production in Poland and Spain, reports Mediafax newswire.
The courier company Cargus, with business of EUR 26 million last year, has rented offices and warehouses on 5,000 sq. m from the logistics and transportation company Triton International Cargo, according to the real estate consultant DTZ Echinox, which represented the landlord in the transaction.
The industrial park built in Arad (western Romania) in 2011 by Italian group Cefin has been put up for sale through direct negotiation by the legal administrator of the real estate developer which went insolvent in 2013 for debts of 114 million lei (EUR 26 million), mostly owed to Volksbank, writes Mediafax.
New overall orders in industry on the domestic and foreign market went down in nominal terms in April this year both from the previous month, by 8.5 per cent, and from the corresponding month of the previous year, by 6.4 per cent, according to the data released by the National Institute of Statistics (INS) on Tuesday.
Romania’s FOB exports reached up to RON 76,101 billion (EUR 16.933 billion) January through April this year, while imports climbed up to RON 83.943 billion (EUR 18.682 billion), according to provisional estimates of the National Institute of Statistics (INS) released on Tuesday.
The Ford factory of Cologne, Germany, will be the only production source for the next generation of Ford Fiesta, the automaker announced, thus denying the speculations about a possible transfer of production of this model at the Craiova plant.
US car maker Ford has registered in Romania a net profit of RON 68.8 million (EUR 15.5 million) in 2013 from a loss of RON 480.9 million (EUR 108 million) in the previous year, reports Mediafax newswire.
Abris Capital Partners investment fund bought Urgent Curier which in the future will merge with Cargus, also in the fund’s portfolio since 2012, writes Mediafax. Urgent Curier is owend by Sebastian and Corina Balasescu and recorded a turnover of RON 115.95 million in 2013.
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