PRODUCTION
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Corn Price Drops To Four-Year Low On Bumper Crop Expectations
The price of corn dropped 28% in two weeks (August 27 – September 10) to EUR115/ton on the Romanian market, the lowest in four seasons, in response to the bumper crop forecasts for Romania,...
Ford Halts Production In Romania For 9 Days In September
U.S. carmaker Ford will halt its production lines in Craiova, Romania for nine days in September, citing the volatility of the European car market, which had an impact on its B-Max sales.
Romania Remains Leading Sunflower Producer In EU
This year’s sunflower harvest in Romania, estimated at 2.1 million tons, is down 1.6% from the all-time high reached last year, while the 1.9 tons/hectare yield is within EU average. However...
Car Exports Down 6% In July
Exports of new cars assembled in Romania fell by more than 6% in July, compared with the corresponding month of 2013, to fewer than 34,300, according to the Automotive Manufacturers and Impo...
Romania Spends EUR45M On Bicycles, Manufactures Five Times More
Romanian consumers spend about EUR45 million on bicycles a year, paying EUR120 on average for one, four times lower than Germans or six times lower than Dutch.
Dacia And Ford Slow Down In H1
Dacia and Ford assembled 210,519 cars in the first half, 6% fewer than in the year-ago period, according to the Automotive Manufacturers and Importers Association (APIA).
GE Bucharest Plant Makes EUR25M Worth Of Aircraft Parts For Boeing And Airbus
The aircraft component plant that US' General Electric has in Bucharest posted EUR25 million revenue last year, after five consecutive years of sales growth by 8% on average. The management...
Dacia Local Production Seen Slightly Down In 2014
The local production of French Renault’s unit Dacia might slightly drop this year from the record 342,000 units produced in 2013, to 310,000-320,000 units, after Renault facility in Morocco...
Antibiotice Plans To Invest EUR40M In New Production Units By 2020
Romanian state-run drug-maker Antibiotice Iasi (ATB.RO wants to build new production facilities to develop its product portfolio and estimates it will invest EUR40 million over the next six...