Austrian group CA Immo announced on Wednesday it is currently in final negotiations to sell the logistic portfolio it owns in Romania, Poland and Serbia, writes Mediafax. On the local market, CA Immo owns the Europolis Logistic Park near Bucharest.
Japan’s Yazaki Group is supplying a wide range of electronic products for cars, with an emphasis on wiring systems, electronic instruments and subparts.
Grampet will launch a production line for locomotives in Craiova in October and a month later it will start building passenger trains in Pascani, according to a press release from the company.
Czech company PointPark Properties, which is controlled by investment funds TPG and Ivanhoe Cambridge, is currently negotiating the acquisition of Europolis Logistic Park, the largest logistic development near Bucharest, according to Ziarul Financiar.
Romanian company Electric Plus, headquartered in Bacau, recently finalized a EUR 5 million investment into a new factory that produces PVC window profile systems under the brand Barrier. The new production line can make 700 windows each day and has 200 employees that operate it.
Switzerland will provide CHF 10 million financing (EUR 8.5 million) for an energy project in Arad, with a total value of CHF 12.2 million (EUR 10.1 million). The project includes upgrades for the central heating station and public lighting network, writes Mediafax.
Policolor, one of the largest players on the Romanian paints and lacquers market, announced on Thursday it initiated procedures to sell the terrain on Theodor Pallady, nr 51, in the south-western part of the Capital, where it currently operates its industrial platform.
ArcelorMittal Galati, Romania’s largest steel plant, which is part of ArcelorMittal group, is targeting a 15% output increase for 2015, following major technical upgrades of its production flow, the company announced.
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