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Warehouse Market News

German group acquires tile factory from Elpreco Craiova

German group Braas Monier, which owns the Sibiu-based roof tile producer Bramac Sibiu, has completed the acquisition of a tile factory owned by Craiova-based Elpreco.

Industrial output in Romania slowed down this October

Industrial output in Romania slowed down again this October, after a bounce in September, at the end of five consecutive months of declines, but managers are still optimistic as the year is closing in, reveal the findings of an October 2016 industrial barometer conducted by IRSOP and the Management Faculty of the Bucharest National School of Political and Administrative Studies (SNSPA).

Alro Slatina’s net profit down more than one third to RON 94.2 mln on nine months

The aluminium producer Alro made a net profit of RON 94.25 million in the first nine months of the year, which is 35.12 percent lower than a year ago.

Rheinmetall and Romanian factory to make military vehicle in joint venture

German technology group Rheinmetall, which is also active in the defense sector, will create a joint venture with Romanian Moreni Auto Mechanics Plant, part of state-owned ROMARM, for the construction of a 8×8 transport carrier.

Romania’s highways company GM: 2017 will be the best year for highways

The preparations made in 2016 and the advanced stages of work on several construction sites “allow us to say that 2017 will be the best year for highways”, said Catalin Homor, the general manager of the National Road Infrastructure Administration Company (CNAIR), the former Romanian Highways and National Roads Company (CNADNR).

Turkish company Nurol Makina plans to make military vehicles in collaboration with Romanian firms

The Turkish company Nurol Makina plans to produce 4×4 bullet-proof vehicles in Romania for the defence industry, the value of investment being at least EUR 15 million.

Cold cuts producer Meda Prod to invest 3 mil. € in new factory

Cold cuts producer Meda Prod 98 from Bucharest, one of the largest players in the market, expands with a new production unit, investment estimated at nearly EUR 3 million, planned before the economic crises.

Romania’s Sibiu-Pitesti highway to be ready by end-2021

Sibiu-Pitesti, one of the most anticipated highways in Romania, will open for traffic at the end of 2021, according to Catalin Homor, the general manager of the National Road Infrastructure Administration Company (CNAIR).

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