Some 88% of the 200 business leaders questioned in an AmCham Romania survey have declared that their investments in Romania were meeting or surpassing expectations, despite the poor perception they had about the public administration.
Business people in Brasov and neighboring counties have more positive predictions on Romania’s economy than the national average, with 69 percent respondents in Brasov and surroundings being confident, as compared to a national median of 61 percent.
Finland’s Nokia Group has returned to Romania. Starting in mid-January, Nokia’s logo has replaced the logo of France’s Alcatel in Timisoara. The Finnish company will not build another plant but will operate in our country as a result of its merger with France’s Alcatel-Lucent.
Reynaers Aluminium Romania, one of the main European leaders in aluminium solutions for the constructions industry, aims a 7 million Euros turnover by the end of this year, which means a 75% increase compared with last year’s business. Also, the company plans to reach a 10% market share on the local aluminium joinery market.
Local car producer Automobile Dacia has become the largest company in South-East Europe for the first time, with revenues of EUR 4.2 billion in 2014. It has outpaced the oil & gas company OMV Petrom, which had a turnover of EUR 4.1 billion.
French group Renault has appointed Jean Phillipe Salar to take over as general manager of the Renault Design Central Europe (RDCE) in Bucharest. He replaced Geoffrey Gardiner, who was promoted to design director of Renault-Nissan’s Technocentre in France, at the beginning of September
Real estate developer Transilvania Construcţii , controlled by the Timofte family, will associate with one of the owners in order to create three companies for leasing and subleasing properties.
Logistics park developer and operator CTP Invest brought Dan Fleșariu to the team running the operations in Romania, the former country manager of the Spanish developer Volumetric.
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