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Romania’s big industry reaches ‘critical point’ over energy costs

Representatives of big industrial consumers warned the liberalization of the energy markets and the renewable subsidies have built up their costs to unsustainable levels, which may result into industrial relocations and job losses in Romania. They are seeking exemptions from paying green taxes and are calling for a transition period on energy costs deregulation.

Ford moves Fiesta production to Craiova

Ford will produce their Fiesta line in Craiova, starting with 2017, after the American group will move part of their assembly line to the Romanian factory from Cologne, Germany. The move is motivated by the massive losses the company supported in Europe, after the sales dropped, Bild writes quoting Ford sources.

Real Estate Acquisitions Trends in 2014 in Romania

The largest real estate transaction in 2013 was the acquisition of the commercial centre City Park Constanta by New Europe Property Investors (NEPI) in the last quarter of last year. The total value of the transactions with commercial centres, offices and industrial facilities is estimated to EUR 330 million.

JLL: Tendinte pe piata spatiilor industriale

Doua proiecte industriale importante au fost inaugurate oficial in trimestrul 4 din 2013 in Romania. In octombrie 2013, Coficab a deschis o unitate de productie de cabluri electrice destinate industriei auto, de 11.000 de m2 in Ploiesti West Park.

Industrial production advances 7.8 pc as gross series in 2013

Industrial production has grown last year by 7.8 per cent as gross series and by 7.1 per cent as series adjusted by number of working days and seasonality, compared to 2012, according to data released yesterday by the National Institute of Statistics (INS).

Exports, at historic peak in 2013, near EUR 50 bln

Trade deficit dropped last year by 41.3 percent against 2012, to RON 25.21 bln (EUR 5.7 bln), driven by a 9.1 percent advance of exports to RON 219.12 bln (EUR 49.56 bln), thus reaching a historic peak, according to data released yesterday by the National Statistics Institute (INS). In their turn, imports advance by 0.2 percent to RON 244.33 bln (EUR 55.2 bln).

Austrian group Agrana takes over two of Lemarco’s sugar refineries

Austrian company Agrana Zucker will take over the refineries in Urziceni (Ialomita County) and Liesti (Galati County) owned by Lemarco SA, one of Romania’s largest sugar producers, Mediafax notes.

Macromex to open logistic centre in Campia Turzii, EUR 17 million investment

The frozen goods distributer Macromex will open in April in Campia Turzii the logistic centre Edenia Distribution Center, named after its most important brand, investing EUR 17 million for its construction, according to Mediafax.
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