Next year, the French Group Michelin will close down the truck tire factory in Budapest, which currently has over 500 employees, and move its production operations to factories in Olsztyn (Poland), Zalau (Romania), and Karlsruhe and Homburg (Germany).
The local subsidiary of French construction materials producer Lafarge sold 37.4 percent more cement in the first quarter of 2014 compared to the same period last year, the company has announced. The increase was mostly fuelled by good weather.
Minister of Transport Dan Sova said in a press conference at Alba Iulia that on May 10 he will give the order to initiate works for the Sebes-Turda highway. Asked if the highway will be finished in time and if there’s a risk to lose European funds, the minister said there is no risk.
Industrial production prices were down 0.3 percent in March in Romania, month-on-month, and 1.1 percent year-on-year, according to data from the country’s Statistics Institute (INS).
The Sibiu – Pitesti highway in Romania will be finalized in two stages, partially until 2017, and completely until 2019, said the Transport Minister Dan Sova. The segments connecting Sibiu to Boita and Pitesti to Curtea de Argeș and Ramnicu Valcea will be ready in 2017, the minister said, who emphasized that ‘nothing has ever been done about this highway in Romania’.
The managers of the companies estimate, for Q2, growth tendencies in the manufacturing, constructions and retail industries and a moderate growth tendency in the sector of services, against Q1 according to the short term indicator published by INS.
President Traian Basescu told the TRW Automotive Investors in Roman they can trust Romania and the economy of our country is performing better and better, assuring them he will pay attention to the evolution of this plant also after the end of his term.
The shareholders of Albalct, the largest Romanian owned dairy producer, recently approved the initiation of negotiations with potential investors for the partly or fully selling of Albalact Logistics, the company in charge with the company’s logistic activity.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.