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Warehouse Market News

Romania’s ports see increased freight traffic in 2015

The freight traffic registered in 2015 in Romania’s ports (Constanta, Midia and Mangalia), surpassed the level of 2014 by 1.25 percent, reaching 56.33 million tons, according to the National Company for Administration of Maritime Ports (CNAPM) as quoted by Agerpres.

Arctic to build factory in Romania if it gets state aid

Arctic Gaesti, the largest producer of home appliances in Romania, will build a washing machine factory in Gaesti, Dambovita county, with EUR 100 million, but only if it receives a EUR 37.5 million state aid, according to a company’s document.

Brasov-Ghimbav international airport to be completed this year

Works on the Brasov-Ghimbav international airport will continue this year with funds from a bank loan worth EUR 5 M, local officials have stated.

American carmaker Ford changes its top management in Romania

American carmaker Ford’s subsidiaries in Romania will have new managers starting January 14, the company announced.

US company to buy Romanian sunflower oil producer

Canadian group Delamore&Owl is interested in buying Romanian sunflower oil producer Argus Constanta owned by local investment fund SIF Oltenia.

Contract with Salini Impregilo to build segment no. 3 of Orastie – Sibiu Motorway in Romania, cancelled

The contract with Salini Impregilo to build segment no.3 of the Orastie – Sibiu Motorway has been cancelled, and a process to select a new company to remedy the deficiencies in that area will be started, with works to be completed in August, said Transport Minister Dan Costescu.

Romanian industry on upward trend for the first 11 months of 2015

Industrial production has registered an upward trend during the first 11 months of 2015, with production going up by 3.1 percent as adjusted series (2.6 percent as gross series) year on year, while turnover in Romanian industry registered a 2.2 percent rise, data from the National Institute for Statistics (INS) show.

German retailer Lidl invests EUR 20 mln in logistics center in western Romania

German retailer Lidl continues to expand in Romania with a modern and eco-friendly logistics center in Lugoj, western Romania. It is the company’s fourth such center in the country.

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