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Warehouse Market News

Vulcan plant closes EUR 22 mln deal for oil pumps

Vulcan plant in Bucharest inaugurated the largest pumping unit for oil production in Europe and has concluded a contract for the delivery of 200 units in the Middle East, according to Mediafax.

Continental Envelopes Timisoara has a new general director

Sorin Samonid will take starting August the position of CEO of Continental Envelopes Timisoara, replacing Klaus Ohlwein, who will continue his career in the group’s tire division in Hanover (Germany), announced the company.

Romanian construction materials market registers major shifts in 2014

According to a top by turnover of companies producing construction materials made by RisCo, the industry has known many shifts in term of turnover and net profit.

Romanian roof systems producer ups business by 55% in the first half

Romanian roof systems producer Bilka, controlled by local entrepreneur Horatiu Tepes, increased its sales by 55% in the first six months of this year, to over EUR 15.5 million.

Jaguar Land Rover chooses Kraków for new factory

Jaguar Land Rover (JLR) is planning to launch a new factory in the Polish city of Kraków, claims the British Sunday Times, in an investment worth as much as GBP 1.2Bbn.

EC accepts Romania’s revised Transport Master Plan

The project entails investments of EUR 43.5 bln investments in 1,200 km of highway and 1,900 km of expressways, as well as the upgrading of over 4,000 km of railways.

IAR Brasov reports record profit in H1

IAR Brasov has registered a profit of RON 31.7 M in the first half of this year, 19 times higher year-on-year (RON 1.6 M in H1 of 2014), the company informs on its official website.

German group receives EUR 8 mln state aid for factory in Romania

German group Kärcher will receive a state aid of EUR 8 million for building an appliances factory in Curtea de Arges, 150 km from Bucharest.

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