The industrial market in Timişoara has registered in 2016 the second highest annual level, with a total volume of major rental transactions of 72,000 sqm, 36 pct up compared to the previous year, shows a study of Active Property Services.
French construction materials manufacturer Saint-Gobain plans EUR 5.5 million investment for the modernization of its factory in Stroieşti, Suceava county.
Industrial and logistics space request has increased last year with 50 pct., to more than 460,000 sqm, registering the highest level in the market history in Romania, according to a study of JLL Romania.
Ioan Nani, general manager of drugs manufacturer Antibiotice Iaşi, one of the biggest players on the market, says that this year will invest EUR 2.5 million in the development of its topic products (creams, ointments etc).
The European commissioner for regional policy, Corina Cretu, approved the financial contribution through European fund of regional development (FEDR) at the regional project „Rehabilitation of the National Road 1C between Dej and Baia Mare”. The co-financing of EU for this major flashback project, whose rehabilitation works were finished in 2016, amounts to EUR 57 million.
The property investments in Central and Eastern Europe amounted to EUR 12.56 billion in 2016, representing a 42 percent increase compared with 2015 and the third highest CEE regional investment volume since 2007, when they stood at EUR 15.81 billion.
Arkema completed the acquisition of Den Braven, a leader in high performance sealants for insulation and construction in Europe, on 1st December. With this strong value-creating acquisition, Arkema confirms its long-term ambition for Bostik, and actively pursues the development of its High Performance Materials division.
Dacia recorded a new sales record, with 584,219 units delivered in 2016 at global level, a growth by 6 percent compared with 2015, when 551,000 units were delivered. In 2014, Dacia succeeded to overpass the level of half a million of cars delivered at global level.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
