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Warehouse Market News

GreenFiber International to invest EUR 35 million in third production unit of synthetic fiber

GreenFiber International, part of the recycling group Green Group, will invest EUR 35 million in its third production unit of synthetic fiber made 100 percent from recycled material.

Japanese buyer took over Emerson Oradea

The Emerson group, with two factories in Romania in Cluj-Napoca and Oradea and more than 2,400 employees, sold the divisions Leroy-Somer and Control Tehniques to Japan’s Nidec Corporation, in a transaction of 1.2 billion dollars, including part of the operations in Romania.

De’Longhi plans new EUR 53 million investment in Jucu, Cluj

The investment project of Italian company De’Longhi, with a total value of EUR 53 million, is among the 30 projects rejected by the Government for state aids.

Largest logistics park in Romania put on sale through European transaction

According to sources in the market, Czech group P3, owned by the American fund TPG is negotiating with the gigantic Singapore fund GIC the sale of its logistics portfolio in eleven countries, including Romania, sources saying that the negotiations could be completed by the end of the year.

Airbus Helicopters opens EUR 52 mln plant in Brasov area for H215 model

Airbus Helicopters, part of the Airbus Group, the commercial aircraft producer, opened on September 13 its first production unit for the H215 helicopter in Ghimbav, near Brasov.

Romania’s car production fell on eight months by 6.5 pct

The car sales grew by 16.1 percent up to 87,447 units in the first 8 months of the year compared with the same period of 2015, while the national cars production registered 240,005 units, down 6.5 percent compared to last year, according to the statistics of the Association of Producers and Importers of Cars (APIA).

Romanian industry’s turnover records first drop in six months

The overall turnover of companies in industry dropped by 3.3% in July this year compared to July 2015.

Romania’s imports and exports go down by over 4%

The exports of Romanian products dropped in July for the first time in the last six months reaching EUR 4.81 billion. Compared to July 2015, the exports were down 4.6%.

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