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Warehouse Market News

Investment of EUR 150 M in upgrading coal-burning Rovinari power plant

The Oltenia Energy Complex (CEO) has brought online group 4 of the Rovinari thermal power plant, a power group that has undergone a technological upgrade, the energy giant now having at its disposal seven technologically upgraded power groups, private manager Laurentiu Ciurel stated at a press conference on Tuesday.

Romaniaā€™s Road authority to pay EUR 26 mln this year to finish Transylvania highway

Romaniaā€™s roads authority CNADNR seeks a constructor to finish a 52- kilometer section of the Transylvania Highway, a section which was 97 percent completed by U.S. builder Bechtel, and estimates to pay up to RON 114.4 million (EUR25.9 million), VAT included.

Pinum Doors & Windows to open a new Bucharest plant

Pinum Doors & Windows, which is part of Nusco Group, will open a new manufacturing plant in Bucharestā€™s Pipera district in January.

Galati to have shipping container terminal worth EUR 140 M

The first project filed by Romania on the basis of the ā€œConnecting Europe Facilityā€ program concerns the construction of a shipping container terminal in Galati, the project being worth a total of EUR 140 M and being set to create approximately 8,000 jobs, European Funds Minister Eugen Teodorovici stated.

Ioan Rus: in 2018 Romania might have two trans-Carpathian highways

2018 could be the year when Romania will have two trans-Carpathian highways, one connecting the south of the country to the north and another one linking the east and the west, said the minister of transports Ioan Rus on Friday night on B1TV station.

Timisoara airport to become biggest intermodal transport hub in Western Romania

The Timisoara airport in Western Romania will host the biggest transport intermodal center in the region, after EUR 82.2 million investments from non-reimbursable EU funds.

German group Dalli to buy P&Gā€™s detergent factory in Romania

American group Procter & Gamble will sell their detergent factory in Timisoara to German company Dalli in a deal worth some EUR 30 million, according to local mergers and acquisitions journal Mirsanu.ro. Dalli and P&G havenā€™t made any official announcement so far.

Eurostat: Romania, 5th place in EU in terms of industrial production growth in September

Industrial production in the European Union (EU 28) and in the Eurozone rose by 0.6% in September 2014 compared with August 2014, with Romania having been among the countries where the industrial production recorded the highest growth rates month on month, according to the data released on Wednesday by the European Statistical Office (Eurostat).
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