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Articles

Armonia Arad in 2014 – New Industrial and Logistics Centre

Last summer, one of the biggest investors in the Romanian real estate market, Immofinanz Group, announced the reconversion of Armonia mall in Arad in a logistic and industrial park.

Romania – Biggest Cars Production in Europe

Cars production on the local market increased with 45% in the first half of the year, the most accelerated growth in Europe and third worldwide, according to The International Organization of Car Manufacturers.

Immofinanz increases its revenues from rents in Romania

The revenues from rents registered by Immofinanz in Romania have increased to EUR 12.6 million in the first quarter of the fiscal year 2013/2014, compared to EUR 11.9 million registered in the same period of last year.

What tells us the top of companies in the 42 districts of Romania

Less than a quarter of the node companies (insuring 80% of the turnover for each range of activity) from the 42 districts of Romania have a relatively high micro-economical level of development, show the results of the first territorial review of the Romanian economy.

Pavăl brothers take Dedeman in a town with only 18,000 inhabitants

DIY company Dedeman, owned by businessmen Adrian and Dragoş Pavăl from Bacău, invested EUR 7.5 million for the opening on Friday, 27th of September, of a store in Comăneşti, Bacău district, a town with a population of 18,300 inhabitants, according to last census from 2011.

Total number of active companies, highest level registered since 2009

The total number of active companies in Romania has exceeded for the first time 714,000 at the end of August, with 2.7% growth compared to 2012, shows the data get by ZF from the Trade Registry.

EY: Romania to register 1.9 pc economic growth this year

Romania will register a 1.9 percent of the GDP economic growth and an advance speed up to 2.2 percent in 2014, as the foreign conditions, mainly the state of the economies in the Eurozone start improving, shows EY’s autumn report – Eurozone Forecast.

Ford stops car production in Romania for one week

US car maker Ford stopped on Friday production at its plant in Craiova for one week, citing poor sales in Europe, reports Agerpres newswire.

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