Bell Helicopter, a Textron Inc. (NYSE: TXT) company, is pleased to announce the signing of a Memorandum of Understanding with IAR - Ghimbav Brasov Group, a leading company in the Romanian defence and aerospace industry, the company informs in a press release sent to ACTMedia.
Romanian car producer Automobile Dacia increased its turnover by 7% in the first half of the year, although its total production dropped by 4% during this period, reports local Ziarul Financiar.
Albalact Group, part of the Lactalis, the international dairy group, closes the third quarter of the year with a growth of 17.29 percent in the net revenue, to RON 366.98 million, compared to the one registered in the same period of 2015.
The country needs another 13 years before attempting to join the Euro zone based on the average growth rhythm of the last 15 years, according to a new study coordinated by Daniel Daianu, member of the administration board at the National Bank of Romania.
Tolga Oran, sales and marketing director for the transport and logistics company Gefco in the region of Germany, Central Europe, Balkans and Middle East, has invested EUR 0.5 million in a furniture showroom in Bucharest, TORO Design.
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.
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