Albalact Group’s turnover grew by 16.94 percent in the first half of this year compared with the same period of 2015 to RON 242 million, while the net profit grew to RON 18.8 million, says the financial report submitted to Bucharest Stock Exchange (BVB).
Siemens continues its development in Romania, finalizing its expansion of the two from the four of its factories from Romania, operated locally through Simea Sibiu SRL company. The two production units are situated in Sibiu and Buzias town, Timis county.
Industrial producers prices grew by 0.7 pct in June compared with May and the decrease rate reached -2.3 percent from -2.8 percent in May, according to the National Institute of Statistics (INS).
Reynaers Aluminium Romania, part of the European company of aluminium solutions for the constructions segment, registered a turnover growth of 7 percent in the first half of this year, compared with the same period of 2015.
CTPark Bucharest, a company owned by the developer of industrial and logistics spaces CTP, received in June a capital infusion of EUR 7.5 million, shows data from the Trade Registry.
Turkish group Yildiz Entegre, one of the biggest global producers of wooden boards, brought EUR 20 million worth of fresh capital to its Romanian subsidiary, in June, according to data from Romania’s Trade Registry Office – ONRC.
Engineering and project management company, Chemie-Tech, will invest $62 million (AED226m) in a plant that recycles the oil used in the automotive industry in Oltenita, Romania, constructionweekonline.com informs.
P3, the specialist owner, developer, and manager of European logistics properties, has started work on the construction of a new warehouse at P3 Prague D11 park. The 40,000 m² unit is the second and largest warehouse to be built at the park. More than a third (15,000 m²) is being undertaken on a Build-To-Suit (BTS) basis for the family-run French distribution company FM Logistic in a deal brokered by CBRE. The remaining space will be available to lease.
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