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Warehouse Market News

Construction of Sibiu-Pitesti highway in Romania to start in two years

The planner who will carry out the feasibility study for the Sibiu-Pitesti highway will be selected in January, and construction work could begin in the next two years, said the Transport Minister Ioan Rus, cited by local Mediafax.

US Quintana shows interest in CE Hunedoara, as electricity producer nears insolvency

Andrei Gerea, the new SME’s and Energy minister said on Monday that Hunedoara Energy Complex (CE Hunedoara) is close to insolvency and needs to increase efficiency, while there is some interest in its privatization, writes Mediafax.

Minister Constantin Nita : In November we have record exports of 4.9 million euro

The minister of economy Constantin Nita made on Monday a balance at the end of his mandate by announcing that in November there were record exports of 4.9 million euro with the estimation for the end of 2014 with a volume of sales on foreign markets of over 50 billion euro.

Promex SA Braila produces and exports high-performance excavators

PROMEX SA Braila entered a partnership with Dutch company Hencon, in order to build a multifunctional excavator assembled in Braila.

INS: Industrial production, up 7%, in first ten months in 2014

Industrial production rose, in the first ten months of this year, compared to the same period in 2013 by 7% in unadjusted terms and by 8% in terms adjusted to the number of working days and seasonality, show the data released by the National Statistics Institute (INS).

Exports hit EUR 44 billion at the end of October

Romania's exports hit 44 billion Euros at the end of October this year, up 6.8 percent expressed in euro compared to the same period of the year before, while imports amounted to 48.9 billion Euros, 6.2 percent higher compared to the period January - October 2013.

Romanian FAN Courier plans EUR 8 mln investments in 2015

Romanian courier company FAN Courier plans to invest EUR 8 million in 2015, half of the amount to be used for car park expansion and modernization, according to Felix Patrascanu, the company’s general manager.

Bosch to open new research and development office in Cluj in 2015

Germany’s Bosch on Wednesday said it will open a new office in Cluj-Napoca (north-western Romania), at the beginning of 2015, where it will develop software solutions for new products.

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