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Articles

Freight traffic in Romanian sea ports up by 5.35 pct on 11 months

Cereals traffic from Constanta port exceeded during January-November period the registered record of 2015, amounting to 18.51 million tonnes compared with 18.02 million tonnes at the end of November 2015, while the total freight from the Romanian sea ports registered grew by 5.35 percent, according to the National Company of Sea Ports Administration.

Japan's Asahi to pay 7.3 bln euro to AB InBev for SABMiller's CEE business

Japan's Asahi Group said on Tuesday it will pay 7.3 billion euro ($7.73 billion) to Belgian-based multinational beverage and brewing company AB InBev for the Central and Eastern European assets of SABMiller, including assets in Romania.

Online trade in Romania grew three times over the last five years

The turnover of the Romanian e-commerce grew from 1.68 billion lei in 2011 to 5.47 billion lei in 2015 as the online trade services have been developed, made by over 5.300 companies, with over 2,600 more than five years ago, according to the KeysFin data.

Investment fund EEP sells its only property in Romania

Eastern European Property Fund Limited (EEP), a real estate fund registered in Guernsey, a small island in the English Channel, has sold its only property in Romania, namely the logistics and business center in the Gara Progresul area in the south of Bucharest, for EUR 1.5 million. EEP hasn’t revealed the name of the buyer.

ATALIAN Global Services has quickly grown market shares in the industrial sector in 2016 in CEE, and strengthened its leadership in Croatia, Romania and Serbia.

After the recent acquisition of LUXOR and MOPEX respectively in Croatia and Serbia, ATALIAN is now the largest Facility Management company in the Adriatic Region with over 33 million Euro Turnover. ATALIAN also added to its portfolio the capacity to deliver Catering services in several countries and is looking for new acquisitions in that area as we speak.

CTP has 100 hectares of land for new warehouse projects

CTP, one of the largest investors in industrial and logistics spaces, will develop in the following years both through acquisitions and constructions in order to reach the target of one million square metres in Romania.

Industry turnover increases by 3.8pct in January-October 2016

Turnover in industry has grown 3.8pct in the first ten months of 2016, as compared to the similar period of 2015, in nominal terms, according to a release sent on Monday to Agerpres by the National Statistics Institute (INS).

Average net wage goes up in Romania in October

The average net wage in Romania was RON 2,108 (EUR 469) in October, up by RON 14 or 0.7% compared to the previous month.

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