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Articles

Romania had EU Biggest Industrial Production Growth in August

Industrial production increased with 2.1% in the euro zone and with 1.6% in EU in August 2013, compared to the similar period of last year, the biggest growth in UE countries being registered in Romania (6%), according to Eurostat.

Romania’s Trade Deficit in Decline, Exports Experience Slight Boost

In the first eight months, the trade deficit has dropped by over 40 percent to RON 16.48 billion (EUR 3.74 billion) compared to the same period last year, while exports have gone up by 7.9 percent in euros and imports have dropped as well, according to data released yesterday by INS (the National Institute of Statistics).

Australian pension funds to target European commercial real estate market

A new report released by Jones Lang LaSalle's International Capital Group highlights the increasing amount of Australian capital expected to be invested into offshore commercial real estate markets by 2020.

3.5 ha Land Plot for EUR 120 M Investment Made by Zewa Producer at Sebes

Swedish company SCA, the producer of Zewa, will open the EUR 120 M investment at Sebes, Alba County, after the Local Council eventually approved the sale of a land plot necessary for the new production line, according to hotnews.ro.

Valvis Holding Member Takes Out EUR 5.4 Million Loan for Solar Park

Terra Muntenia Ltd, a company part of Valvis Holding, took out a EUR 5.4 million loan with a 10-year maturity from Banca Romaneasca for the construction of a solar farm in Southern Romania.

Samsung, the largest investor in solar parks in Romania

The South Korean giant, Samsung, became one of the strongest investors in solar parks in Romania after finalizing a EUR 100 million investment in Slobozia, Giurgiu County, zf.ro informs.

Most Expected Highway in Romania Postponed Again

There are three bidders left in the “race” for the winning of the construction of the highway segment Comarnic-Brasov, the first project to be developed in concession, meaning the investment will be supported by the constructor.

German cities lead CBRE ranking of Europe’s property investment destinations

Germany boasts five cities in CBRE’s ranking of Europe’s ten largest commercial real estate investment destinations for the first time, according to the latest research from global property advisor CBRE.

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