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Articles

Romania’s M&A market shrinks 50 pct to USD 1.1 bln in H1 2016

The Romania market for mergers and acquisitions (M&A) has fallen by almost 50 percent to USD 1.1 billion in the first half of 2016, as opposed to USD 2.1 billion in the first half of 2015, according to the EY’s M&A Barometer.

Romania, on the shortlist for new Schaeffler plant

German automotive producer Schaeffler, which owns a plant near Brasov, wants to open another large-size factory in the region. Its shortlist for the new project includes five countries, including Romania.

Targu Mures – Ungheni highway contract, auctioned off again

Romania’s National Company for Managing Road Infrastructure (CNAIR) has auctioned off again the contract for building the highway segment Targu Mures – Ungheni and the connection road.

Airbus Helicopters to create in Romania suppliers’ cluster to address global production needs

Airbus Helicopters Industries is planning to create in Romania a cluster of suppliers capable to deliver solutions and equipments for Airbus Helicopters, the company announced during a meeting at the new factory in Ghimbav with other 70 firms.

Property portfolio of WDP in Romania increases to a total value of more than 150 million Euros

In Romania, WDP is announcing three projects for new clients via its joint venture WDP Development RO.

OTZ moving into CTPark Bucharest West

Logistics company OTZ will move in CTPark Bucharest West on October 21.

Local council in Găeşti to assign a hectare of land, waits for Arctic’s offers

The local council has approved the assignment of a hectare of land for 49 years, which will be put on sale. „We will wait for offers from Arctic or the company’s suppliers”, said Grigore Gheorghe, mayor of Găeşti , Dâmboviţa county.

Turnover of garments manufacturer Secuiana registered 16 pct growth in the first nine months

Garments manufacturer Secuiana in Târgu-Se­cuiesc, Romania, had in the first nine months a turnover of EUR 5.8 million, 16 pct more than in the same period of last year, due to its exports growth of 22 pct.
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