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Articles

ROKI takes 5,500 sqm at CTPark Arad

ROKI, the Japanese manufacturer of automotive filters, signed a lease on 5,500 sqm at CTPark Arad. This is the company’s first production facility in Europe.

Largest IT&C distributer on the Romanian market in negotiation with Panattoni for a logistics centre on A1 highway

Network One Distribution (NOD), the largest IT&C distributer on the Romanian market, is close to sign a deal with Panattoni, American company specialized in development of logistics projects, for the development of a warehouse of 30,000 sqm at km 23 on A1 highway Bucharest- Piteşti.

JLL appoints new head of Industrial for Romania

JLL has announced that Costin Banica, business developer Industrial Agency, has been appointed to the role of Head of Industrial for Romania, effective 17 February 2017.

Atalian Takes Leading Position In Facility Management In Romania After Successful Acquisition Of MT&T Property Management

ATALIAN, a major provider of global services to companies, has become the new owner of MT&T Property Management in Romania & Bulgaria.

Austrian group buys Romanian PET preform producer

ALPLA, an Austrian group active in plastic packaging with sales of EUR 3.2 billion globally, has acquired the Brasov-based company Star East Pet, specialized in the production of PET preform for beverage, food, and non-food products.

Romania’s gross minimum wage increases to RON 1,450

The gross minimum salary in Romania increases from RON 1,250 to RON 1,450 (EUR 322) starting today. About 2.1 million employees will benefit from this measure, 300,000 of whom work in the public sector.

Romanian tissue paper producer gets EUR 24 million syndicated loan

Romanian company Pehart Tec, the producer of the Pufina toilet paper, has received a syndicated loan of EUR 24 million from local lenders BCR, Banca Transilvania, and Eximbank.

Dacia and Renault leave top Romanian automotive association

Romanian car producer Automobile Dacia and its affiliated company Renault Commercial Roumanie, both part of French group Renault, will withdraw from the Romanian Automotive Manufacturers and Importers Association (APIA).
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