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Articles

Romanian auto market valued at EUR 18 bln last year

According to Constantin Stroe, President of the Romanian Association of Auto Manufacturers (ACAROM), the Romanian auto market had a value of EUR 18 bln in 2014.

Transport Master Plan, final draft, sent to European Commission

The revised Transport Master Plan draft sent to the European Commission entails the construction of over 1,300 kilometers of highway, at a cost of EUR 13.739 bln.

Three companies interested in Romania’s insolvent chemical producer Oltchim

Three companies are interested in buying Romania’s insolvent state-owned chemical producer Oltchim, said Economy Minister Florin Tudose. Two of the companies are Chinese and one is from Europe.

Automobile Dacia sees business growing to EUR 4.24 bln in 2014

Automobile Dacia’s turnover grew from EUR 4.16 billion EUR in 2013 to EUR 4.24 billion last year, strengthening its position as the largest company in Romania, said Dacia president Nicolas Maure, according to Mediafax.

Romanian power producer Hidroelectrica to invest EUR 1.3 billion

Romanian power producer Hidroelectrica has an investment budget of EUR 1.3 billion for 2015-2020.

ArcelorMittal Galati invests EUR 3 mln in new equipment

ArcelorMittal Galati invested EUR 3 million to implement an upgrading project at the Steel Melting Shop, aimed at increasing the energy efficiency of the plant.

Dacia-Renault Pitesti plant turns to automation

Renault Group plans to raise the plant’s degree of automation from only 5 pc today to 20 pc in five years’ time.

N.G.B Distribution Center continues its development in South-West of Bucharest

In 2009, NGB decided to re-invest in the Romanian market by developing the industrial properties the group owns. The group began to invest in its property, 9Km SW of Bucharest, in Bragadiru, known as the NGB Distribution Center.

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