The Romanian economy has only three small and medium companies active in the manufacturing area per 1,000 inhabitants, while trade companies are three times more numerous, which shows that local business cannot surpass the survival stage with only companies which do not bring VAT.
Swiss cement producer Holcim increased its sales in Romania by 4.3% in the first nine months of this year compared to the same period of 2013, but the cement price declined by 1.1% in the same period, according to the group’s report.
Trading company managers estimate the manufacturing industry will see a moderate growth trend in Q4 2014, that there will be relative stability in the sectors of retail trade and services, whereas the construction sector will decline compared to the previous three months, shows data released on Tuesday by the National Statistics Institute (INS), based on short-term surveys.
Siemens announced a new local structure on October 16, one of the most important changes being the consolidation of the company’s business around three poles: electrification, automation and digitization, which are also the main long-term growth directions.
Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, announced today that it has promoted four employees working in the CEE region.
The Chinese companies are willing to invest in several Romanian sectors such as the information technology, steel-making, engineering, trade and infrastructure, said Shi Guangliang, deputy managing director of the Commerce Department of Chinese Shandong Region, who attended a seminar organised by Ernst&Young on Friday, Agerpres reports.
Online IT&C retailer evoMag has invested EUR 100,000 into new headquarters and showroom as more than 10 percent of the sales registered by the online retailer actually take place in the showroom.
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