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Warehouse Market News

10 million lei turnover for Metav Bucureştiin H12016

Metav Bucureşti (METV), a company which managing an industrial park in Bucharest, registered a turnover of 10.3 million lei in the first half of 2016, a slight decreased compared to H1 2015.

Ford to make new car model at Craiova plant under updated deal with state

The American cars producer Ford has planned EUR 130 million in additional investments at the Craiova plant, where it will produce a new car model, and the Public Finance Ministry (MFP) will extend the production period target until 2025, according to a release of the Ministry.

INS: Managers expect advances in manufacturing, constructions, commerce and services

According to a survey by the National Institute of Statistics (INS), managers active in the manufacturing industry, constructions, commerce and services are forecasting a moderate growth in their companies’ activity for the upcoming three months.

Apparel manufacturer Moncler rented a factory in Bacău

Italian apparel manufacturer Moncler, which received a state aid of EUR 3.8 million for a factory exceeding 600 employees in Bacău county, rented a production facility of 33,600 sq. m in Bacău, according to data from the Official Gazette.

Romania’s bicycle production doubles between 2009 and 2015

Romania’s bicycle production reached 900,000 units last year after an advance of about 10% compared to 2014. The production could reach one million units this year if the growth pace remains constant.

Polish appointed to run the Danish pipes manufacturer Logstor

A Polish was appointed as administrator of the Danish pipes manufacturer Logstor, according to the Official Gazette in Romania.

Autoliv relocates the factory to an industrial park in Reşiţa and hires another 250 people

Auto parts manufacturer Autoliv Romania, local subsidiary of the Swedish group Autoliv, with global turnover of nearly 9.2 billion dollars and 64,000 employees, will relocate the factory in Reşiţa in a new building within the industrial park „Valea Ţerovei Industrial Zone“, owned by the city’s local council.

Insolvent Oltchim is on sale after being split into nine pieces of assets

Petrochemical plant Oltchim from Ramnicu Valcea, which is insolvency since January 2013, has been put on sale after being split into nine pieces of assets and the selection process of investors will be closed at the end of this year according to news.ro.

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