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Daimler Inaugurates Dual-Clutch Transmission Plant For Mercedes-Benz In C Romania
Automotive

Daimler Inaugurates Dual-Clutch Transmission Plant For Mercedes-Benz In C Romania

Star Transmission, the Romanian subsidiary of German group Daimler, Thursday inaugurated a production unit for dual-clutch transmissions for Mercedes-Benz cars, in Sebes, central Romania.

Ecaterina Craciun · 10.01.2014 · 12:52 · 1 min
Trelleborg Automotive Gets EUR5.4M State Aid To Expand Car Part Plant In Dej
Automotive

Trelleborg Automotive Gets EUR5.4M State Aid To Expand Car Part Plant In Dej

Car part producer Trelleborg Automotive has received state aid of EUR5.4 million to expand its plant in Dej (in northwestern county of Cluj).

Ecaterina Craciun · 07.01.2014 · 14:07 · 1 min
Romania Invested EUR5.87B Through Rural Development Program In 2007-2013
Social/Politics

Romania Invested EUR5.87B Through Rural Development Program In 2007-2013

Romania invested EUR5.78 billion through the National Rural Development Program in the 2007-2013 period, according to Agriculture Ministry data.

Oana Gavrila · 23.12.2013 · 13:51 · 1 min
2013 In Review: Ten Most Important Events In Agriculture
Companies

2013 In Review: Ten Most Important Events In Agriculture

The year 2013 gave farmers who bet on grain and oilseeds an almost 22 million ton harvest and 50% better results than the modest 2012.

Loredana Frățilă-Cristescu · 16.12.2013 · 00:00 · 5 min
Cement Market Continues Decline As Investments In Infrastructure Dwindle
Real Estate

Cement Market Continues Decline As Investments In Infrastructure Dwindle

Autumn did not come with the expected thawing of the Romanian cement market, so after the 2011 rise and the 2012 stagnation Romanian cement production will decline again this year, writes Bu...

Daniela Stoican · 12.12.2013 · 00:00 · 3 min
AFI Europe’s CEO Recipe For EUR100M Investments During Hard Times
Real Estate

AFI Europe’s CEO Recipe For EUR100M Investments During Hard Times

He came in Romania when the crisis was in full swing, in early 2011, after having worked in the United States, Nigeria and Canada and managed to have EUR100 million worth of project built in...

Loredana Frățilă-Cristescu · 10.12.2013 · 00:00 · 8 min
Opus Land Invested Over EUR7M In 260 Housing Units In NE Bucharest In 2013
Real Estate

Opus Land Invested Over EUR7M In 260 Housing Units In NE Bucharest In 2013

Real estate developer Opus Land Development completed a new 80-apartment building at the beginning of December, reaching a total 260 housing units built in 2013 in its residential compound C...

Ecaterina Craciun · 09.12.2013 · 12:29 · 1 min
Vlad, Selgros: It’s Time We Seek Foreign Investors, Bring Them Here
Retail&Consumer

Vlad, Selgros: It’s Time We Seek Foreign Investors, Bring Them Here

One of the most powerful Romanian managers in the retail business, Alexandru Vlad, executive director of Selgros since 2001, says the crisis is not over yet for the companies “working with a...

Loredana Frățilă-Cristescu · 09.12.2013 · 00:00 · 5 min
Insolvent Residential Compound Silver Mountain In Brasov Values Over EUR80M
Real Estate

Insolvent Residential Compound Silver Mountain In Brasov Values Over EUR80M

The value of insolvent residential compound Silver Mountain in Poiana Brasov, central Romania, exceeds EUR80 million, firm EuroInsol, the court-appointed administrator of the project company...

Ioana Tudor · 06.12.2013 · 17:09 · 1 min