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Romania, second in the EU in terms of September industrial output

In September 2013 compared with August 2013, seasonally adjusted industrial production fell by 0.5 per cent in the euro area (EA 17) and by 0.2 per cent in the EU 28, according to estimates from Eurostat, the statistical office of the European Union released on Wednesday.

Dacia says relocation of highway from Pitesti to Brasov would harm its activities

Dan Sova, Minister Delegate for National Infrastructure Projects and Foreign Investments, is in favor of building a highway between Sibiu and Brasov as opposed to Sibiu and Pitesti, even though the latter is preferred by the European Commission and can be financed through European funds, adevarul.ro notes.

Holcim Romania returns to profit in 2013, invests EUR 15 mln in clean energy project

Cement manufacturer Holcim Romania will most likely see sales drop for a second consecutive year in 2013, the company has announced.

Road carriers threaten to start protests in December

Road carriers threaten they will start protests in December unless the Ministry of Transport finds solutions to existing problems such as road infrastructure, excessive taxation, constantly amended legislation, and the lack of support for transport activities, Mediafax informs.

The FIC warns members may redirect investments following Romania’s tax drive

The Foreign Investors’ Council (FIC), the business advocacy group, said on Monday the local fiscal instability has wider consequences for Romania as an investment destination, after the government announced plans to enforce new taxes next year.

CTP attracts three new investors to Brno

Three investors have leased space in industrial parks developed by CTP in and around Brno and plan to add more than 300 jobs to the local labor force in the coming months.

Exports increase by 8.4 pct. in the first nine months

Exports in Romania registered went up in the first nine months of 2013 by 8.4 percent to RON 160.88 bln, while imports followed on a downward trend compared with the same period a year earlier, according to the estimated data of the National Institute of Statistics (INS), released on Monday.

CBRE GI completes acquisition of Manhattan Business & Distribution Centre

CBRE Global Investors has announced the acquisition of Manhattan Business & Distribution Centre, Warsaw, Poland for c. €30million.

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