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Articles

73 railway carriages manufactured by Astra will go to Czech Republic

Businessman Valer Blidar, who controls the Astra Vagoane Calatori factory of Arad, recently won a contract worth some EUR 73 M with Czech company RegioJet, with the first units due to be delivered in December this year. The news was confirmed by Blidar for zf.ro.

Industrial vacancy up at 21.7 percent in the Budapest region

The volume of completed industrial stock in the Budapest region totaled 1,825,373 sqm at the end of Q1 2013, according to the Budapest Research Forum.

Most expensive motorway, after Bechtel: Sebes – Turda EUR 15 M / km

The construction of the 70 km long Sebes-Turda motorway, which is being auctioned now, will cost nearly EUR 1 bln, according to a government decision, although last summer the estimated price was around half of this sum, zf.ro reports.

Lugoj-Deva Highway: CNADNR Signed the Contracts for 2nd and 3rd Segments

CNADNR singed the contracts for the construction of the 2nd and 3rd segments of the Lugoj-Deva highway, assigned in May to the Italian association between Salini and Secol, a consortium including a company of the businessman Theodor Berna, two Spanish companies and a Dutch company.

GfK: Economy growth of between 2.7 pc and 4.3 pc over 2014-2016

Between 2014 and 2016, the Romanian economy is expected to see growth of between 2.7 per cent and 4.3 per cent, the Findings of the GfK Consumer Climate Europe study for the third quarter of 2013 reads.

Global commercial real estate transactions continue to exceed expectations in Q3 2013

Global commercial real estate markets continue to exceed expectations in 2013 as preliminary transaction volumes in the first three quarters of 2013 are up 16 percent over the same time period in 2012, according to Jones Lang LaSalle Capital Markets research, which spans 60 countries and more than 130 cities worldwide.

Eurostat: Domestic budget deficit down to 3 pc of GDP

The Romanian budget deficit stood at 3 per cent of GDP last year (RON 17.423 bln), down from 5.6 per cent of GDP in 2011 (RON 30.901 bln), 6.8 per cent of GDP in 2010 (RON 35.552 bln) and 9 per cent of GDP in 2009 (RON 45.249 bln), show revised figures made public yesterday by the European Statistics Office (Eurostat).

EU to Assign EUR 26 Billion for Nine Transportation Corridors: Romania Has Projects for Only Two of Them

EC approved the new politics regarding EU’s transportation infrastructure for 2014-2020, two of the new main European corridors crossing Romania, where several projects could receive financing, such as the railway Arad-Brasov-Bucharest-Constanta and Constanta harbor.

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