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Warehouse Market News

Ford Craiova installs 190 new robots and hires 900 for production of EcoSport SUV model

US car maker Ford will install 190 new robots at the Ford Craiova plant, which will produce the EcoSport SUV model starting this fall. For this purpose, the company will also hire 900 extra staff.

Romania’s machinery and automotive exports go up by 2.2 billion

Romania exported machinery and transport equipment worth EUR 22.48 billion in the first ten months 2016, up EUR 2.2 billion over the same period of 2015, according to the National Statistics Institute (INS).

Romanian companies, three times more profitable than multinationals

Private companies with Romanian capital were three times more profitable than multinationals in 2015, with an overall net result of RON 27 billion (EUR 6.07 billion) at a total turnover of RON 551 billion (EUR 124 billion).

Drug producer Zentiva Bucharest’s profit increases by more than half

Local drug producer Zentiva Bucharest (SCD), which is part of French group Sanofi, increased its turnover by 5% to EUR 92.3 million last year.

Airbus Helicopters to make a Romanian center of excellence for production of H215 aircraft

Airbus Helicopters, which inaugurated last year the new helicopter plant from Ghimbav, Brasov, for an EUR 52 million investment will make Romania a center of excellence for the production of H215 aircraft, said Olivier Michalon, senior vice president for Europe region at Airbus Helicopters on Tuesday to the Romanian PM Sorin Grindeanu during a meeting at the Government in Bucharest.

Romanian car parts manufacturer ups profit 90% despite higher personnel costs

Compa Sibiu, a Sibiu-based plant which produces components for motor vehicles and car engines, posted a turnover of RON 655 million (EUR 145.4 million) last year, up 33% over the previous year. The net profit rose by 90% to some EUR 11.4 million.

Brasov factory to deliver 100 trucks in Taiwan

Brasov-based truck producer Roman SA has concluded a EUR 12 million contract to deliver 100 trucks in Taiwan.

CTP: Romania becomes attractive to foreign production companies

Czech logistics facilities developer CTP had last year revenues of EUR 21 millions from rents on the local market, namely 10 pct. of the total business of the group.

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