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Articles

Sibiu-Pitesti highway construction could take over 4 years

Transport Minister Lucian Sova says that the completion of the Sibiu-Pitesti highway, one of the most anticipated infrastructure projects, could take over four years, a project he described as an "equation with many unknowns".

Romcarbon sold 7 hectares of land in Iasi to Flux Real Estate

Romcarbon Buzau signed a EUR 2.4 million contract for the EUR 7.3 million transaction announced in the spring, selling to Office & Logistics, part of the Flux real estate group, a plot of land with an area exceeding 7 hectares.

Austrian group Voestalpine has bought the majority stake of a local company of a German group with factories in Romania

The Austrian group Voestalpine bought the majority stake in Travertec Buzau, a subsidiary of German Rail.One, with a turnover of almost 10 million lei last year.

Local entrepreneur Dragoş Irimescu invests 1.8 million euros in a natural stone processing plant

After 18 years of dedication to Depaco, which owns the Wetterbest metal tile brand and the sale of the majority stake to the TeraPlast industrial group, engineer Dragoş Irimescu chose to invest in a natural stone business (marble, granite, travertine).

Olympus invests over 20 million euros in a new production line

Olympus, one of the largest dairy producers in Romania, is expanding its portfolio of products through an investment of over 20 million euros.

A new industrial park, Tetarom V, to be developed in Cluj by the local authorities

The Cluj County Council together with Campia Turzii Municipality and Luna commune signed an agreement for the development of the Tetarom V Industrial Park in Luna, an investment of 23 million lei, which will cover 115 hectares.

ROMANIA CONNECTED – Multimodal transport connects Romanian businesses with global markets

“Intermodal&Logistics” Magazine is organizing the second edition of ROMANIA CONNECTED, a B2B event dedicated to promoting multimodal transport solutions in Romania and neighboring markets.

Continental buys a former industrial platform in Timisoara for expansion

Continental Automotive Products, the Continental tire company in Timisoara, bought the former UMT industrial platform in Timisoara to optimize the logistics and storage costs.
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