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Warehouse Market News

Industrial turnover, up by 7.8% in Romania

The industrial turnover increased last year by 7.8% over 2014.

Romania’s biggest chemical producer posts EUR 0.7 mln profit in January

Romania’s largest chemical producer Oltchim had a EUR 700,000 profit in January 2015, said the Economy Minister Mihai Tudose.

Bilbor mineral water producer in insolvency

The producer of the mineral water Bilbor, the company Mineral Water has entered insolvency. The company, part of the group United Romanian Breweries Bereprod, will have as temporary judicial administrator Casa de Insolventa Transilvania

RAFO refinery scrap sell

The majority shareholder of the former refinery Rafo Oneşti, Petrochemical Holding, hopes to get about 10 million euros from the scrap sale of the refinery, told energynomics.ro the Union leader Marian Ion.

Czech developer puts EUR 35 mln in two new buildings in Bucharest

Czech developer P3 Logistic Parks will construct two new buildings in the logistic park Europolis, in an investment worth EUR 35 million.

US company buys weapons factory in Romania

A yet unnamed US company has acquired and plans to re-open the local weapons factory Uzina Mecanica Dragasani, located in the Valcea county, Alexandru Uta, Stefanesti mayor, told local Agerpres.

Romania, the lowest drop in industrial production prices in the EU

Industrial production prices decreased by 1.5% both in the Eurozone as well as in the rest of the European Union (EU) in December 2014 compared to December 2013, but Romania saw the lowest drop in these prices in the EU, of minus 0.5%, show the data released on Tuesday by the European Statistical Office (Eurostat).

Turkey’s Kastamonu invests 70 million lei in an adhesive factory in Reghin

The company Kastamonu Romania (former Prolemn) from Reghin, controlled by the company Kastamonu Entegre, one of the most important players in wood industry from Turkey, will start this year an investment project of approx. 70 million lei (EUR 15 million) for the construction of industrial adhesives factory.

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