Dedeman, the biggest do-it-yourself (DIY) retailer in Romania, bought a 29% stake in local brick manufacturer Cemacon for RON 10.2 million (EUR 2.26 million). The investment is part of Dedeman owners’ strategy to diversify their business portfolio.
In order to optimize the preparation of the online orders from the storage spaces, FM Logistic together with its partner Balea, a specialist in logistics solutions, have developed an innovative solution dedicated to the online commerce: e-Shopeur, FM Logistic has recently announced.
The gross minimum wage expressed in euro has doubled in Bulgaria and Romania in the last nine years but the two Eastern European countries still had by far the lowest minimum wages in the European Union on January 1, 2017.
Ford Romania, which owns a car factory at Craiova, in Southern Romania, will increase the production capacity for the B-Max model starting March, from 250 cars per day to 280 units, according to sources in the plant, cited by local Ziarul Financiar.
The turnover of companies in the industrial sector went up by 4.7 percent in 2016, at a double rate compared with 2015, taking into account that the manufacturing industry supported the businesses, shows the data published by the National Institute of Statistics (INS).
Bricks manufacturer Cemacon Cluj-Napoca (CEON) recorded a turnover of EUR 19.2 million in 2016, up 28% over the previous year, and its net profit grew from EUR 150,500 to EUR 1.1 million.
ROKI, the Japanese manufacturer of automotive filters, signed a lease on 5,500 sqm at CTPark Arad. This is the company’s first production facility in Europe.
Network One Distribution (NOD), the largest IT&C distributer on the Romanian market, is close to sign a deal with Panattoni, American company specialized in development of logistics projects, for the development of a warehouse of 30,000 sqm at km 23 on A1 highway Bucharest- Piteşti.
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