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Warehouse Market News

Brașov Milk Factory gets EUR 3 million loan from Bancpost

Brașov Milk Factory, local producer of Olympus and Oly brands, takes EUR 3 million loan from Bancpost in order to finance current needs, according to a shareholders’decision.

Daimler builds new factory in Poland, not Romania

German car producer Daimler has chosen to build its new engine plant in Jawor, Poland, instead of the Romanian town of Sebes.

Industrial production prices grown by 0.4pc in March against February

The industrial production prices on the domestic and external market have grown by 0.4 percent in March as compared to February, but as against the same month of 2015 they recorded a drop by 3.4pc, the National Institute of Statistics (INS) says in a release.

Local outsourcing logistics services market reached EUR 10 million in 2015

The Romanian e-fulfillment market – the service which takes over the entire operational and logistics segment of an online business – has reached last year nearly EUR 10 million and this value is expected to double this year, according to the representatives of Frisbo, the local company offering this type of logistics services for the online retail market.

AB InBev sells SABMiller’s operations in Romania

AB InBev wants to take over its competitor SABMiller, but in order to have the transaction approved, it has decided to sell some of the brands owned by SABMiller.

Managers from the manufacturing industry in Romania expect the output volume to grow in the coming three months

Activity in the manufacturing industry, the sector of constructions and retail trade is expected to grow April - June 2016, and prices in industry, constructions and services will keep stable, reveals the short-term inquiry conducted this April by the National Institute of Statistics (INS).

Company groups fewer than before the crisis, on the rise in recent years

The number of company groups in Romania reached over 51,400 in 2014, dropping from the 269,000 registered before the economic crisis hit our country in 2008, according to data from the National Institute for Statistics.

Albalact financial results surpass expectations with 9 pct increase in turnover in 2015

Albalact Group ended 2015 with a growth surpassing initial expectations, according to its financial results.

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