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Aversa Manufacturing to invest €15m into new plant

Aversa Manufacturing, the only centrifuge pump manufacturer in Romania, plans to invest €15m into a new 25,000 sqm factory.

Nadlac-Constanta highway, ready in 2018

According to the most recent promises made by the Ponta administration, the straight-line highway connecting western Romania (Nadlac) to eastern Romania (Constanta) and passing through Sibiu and Brasov will be completed in 2018.

Chinese Investors to Take Part in Industrial Project in Bacau

A delegation of Chinese businessmen went to Filipeşti village in Bacau county, where they intend to take part in an industrial project of nearly EUR 4 million, according to Agerpres.

Romania’s Comarnic-Brasov motorway to be completed in 2017, says PM

Buildings works on the Comarnic-Brasov motorway are set to start on April 20, and should be completed by 2017, said Romanian Prime Minister Victor Ponta.

Hategan, PointPark Properties: Romania could be a key production zone for Europe

Romania is one of the countries in the region with a large interest for P3, both in terms of acquisitions and development in 2014, and the company sees the signs of some possible European companies’ factories relocations from other countries, such as China, said Nora Hategan, business development manager within PointPark Properties (P3).

P3 appoints new CEE Managing Director, after its acquisition by TPG and Ivanhoe

PointPark Properties (P3), the specialist investor, developer and asset manager of warehouse properties, has strengthened its senior Central and Eastern European management team ahead of a planned expansion of its activities made possible by its recent acquisition by private equity investors TPG and Ivanhoé Cambridge.

Tetarom 3 Industrial Park in Jucu could host Ikea factory

Tetarom 3 Industrial Park in Jucu, Cluj County, could host an IKEA factory in the near future.

Exports reach almost EUR 46 bln

Exports reach almost EUR 46 bln, National Statistics Institute reports. New orders in industry, up 7.6 per cent.

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