Cold cuts and cheese producer Zimbira, a business of nearly EUR 1 million, present on the market in five stores in Brăila, Galaţi and Bucharest, plans to open a factory with European funds, with a production capacity of two tonnes per day, according to the company’s representative.
Foreign companies made investments in Romania worth EUR 3.14 billion in the first nine months of the year, a growth by 11.2 percent compared with the same period of 2015, according to the data of National Bank of Romania (BNR).
The companies’ turnover from the industry grew by 4.2 percent in September 2016 compared with September 2015, but slowed down compared with August, taking into account that the durable goods industry continued to support the businesses, shows the data published on the National Institute of Statistics (INS) on Friday.
British company GTK announced the opening of a cables production unit in Craiova, the only factory of the company in Romania and the first outside Great Britain.
The European Commission has revised the estimations regarding the Romanian economy increase by a percentage point, to 5.2 percent, the increase slowing down to 3.9 percent in 2017 and it will reach 3.6 percent in 2018, according to the autumn economic forecast published on Wednesday.
The real estate consultancy company Colliers International recruited Mihai Patrulescu as head of Strategic Analysis, in order to lead the research department. Patrulescu has five years’ worth if experience in economic research in the banking system, formerly occupying the position of senior economist at UniCredit Bank.
The National Administration Company for Road Infrastructure (CNAIR) issued penalties of 75 million lei for the company dealing with the construction of Barcau-Bors highway and sent notifications requesting the termination of the contract, a company press release shows.
The average net wage in Romania reached RON 2,094 (EUR 465) in September, up 0.9% compared to the previous month. Compared to September 2015, the net average wage went up by 14.2%.
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