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Warehouse Market News

Napoca Construcţii to sell its production facility in Cluj-Napoca for 25 mil. lei

Napoca Construcţii (NAPO), with a capitalization of 10 mil. lei, launched a call for its shareholders on 14th of July to approve the sale (partial or complete) of the precast production facility in Cluj-Napoca for a minimum price established for 2016 at EUR 100 per square metre.

Romania’s hourly labour cost sees 10.3 pct annual increase in Q1 2016

In the first quarter of 2016 the adjusted hourly labour cost posted a 10.3 percent increase over the same period of the previous year, while compared to Q4 of 2015 there was a slight drop of 2.5 percent.

Boromir Buzău associates to a company part of French giant, with EUR 4 billion turnover

Bakery manufacturer Boromir Prod Buzău announced the signing of an association agreement on 25th of May with the largest agricultural cooperative in France, corn flour producer.

Romanian water bottler Bilbor enters bankruptcy

Bilbor Mineral Water, a Romanian company launched in 2010, has entered bankruptcy one year after filing for insolvency, according to Mediafax.

Japanese group completes acquisition of Romanian engine factory

Japanese group Nidec has completed the acquisition of Ana Imep Pitesti, the engine factory previously owned by the local investor George Copos.

Strabag – Straco will build a new segment of Brasov-Oradea highway

The consortium comprising Strasbag and Straco Grup will build a 10.1 km sector of the highway Brasov- Oradea with a contract valued at RON 251.4 million, VAT not included, following a public tender.

Wetterbest hopes for 20 pct annual increase in turnover this year

Roof maker Wetterbest is expecting a 20 percent increase in turnover this year, following positive results registered during the first four months, according to a statement by the group. Between January and April 2016 the turnover increased by 36 percent year on year, reaching about RON 30 million.

American auto parts manufacturer could relocate factory to Arieş Industrial Park in Turda

Aries Industrial Park, situated in Turda, Cluj county, a greendfield investment made by the investment fund Europa Capital Emerging Europe, was selected as potential location for the relocation of the production facilities of a large American company, active in auto parts industry.

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