The Romanian industrial turnover in the first nine months, for both domestic and foreign markets, has increased by 8.9%. The growth was registered mainly due to the increase in the manufacturing industry – up 9% and the mining and quarrying sector – up 7.6%, according to data from the National Statistics Institute INS.
The Romanian economy has only three small and medium companies active in the manufacturing area per 1,000 inhabitants, while trade companies are three times more numerous, which shows that local business cannot surpass the survival stage with only companies which do not bring VAT.
U.S. Group Federal-Mogul will invest over USD 20 million in two new production lines at its friction pads factory in Ploiesti, recently taken over from Honeywell, writes Mediafax.
The local tire market, which includes both the summer and the winter tire sales, was estimated at 2 million units last year, and gained some 20% this year, according to Alina Mihaescu, marketing director of Goodyear Dunlop CSEE, quoted by Wall-Street.ro.
Swiss cement producer Holcim increased its sales in Romania by 4.3% in the first nine months of this year compared to the same period of 2013, but the cement price declined by 1.1% in the same period, according to the group’s report.
Transporter magazine organizes on 10th of November the event „Construction & Logistics. The development perspectives of the logistics parks and specialized warehouses”, having as topics the evolution of the industrial and logistics parks in Romania as well as the optimization of the management procedures of the warehouses and the supply chain.
Panattoni Europe, Poland's leader in the industrial property market, has completed the construction of 246,000 sqm for Amazon in Poland and together with the online retail giant officially opened two modern distribution centres in Bielany Wrocławskie and in Sady near Poznań.
Romanian car brand Dacia increased its market share in Europe by 0.2% year-on-year in the third quarter, to 2.4%, and remains the brand with the highest growth on the European auto market, contributing to the 6.7% increase in the revenue of French Renault, Dacia’s owner.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.