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PRODUCTION

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Romgaz’s Natural Gas Production Down By Almost 20% In A Decade
Energy

Romgaz’s Natural Gas Production Down By Almost 20% In A Decade

Romania’s largest natural gas producer Romgaz (SNG.RO) has reduced by almost 20% its production in the past decade. The only good news is that decline slowed down in 2008-2012.

Loredana Frățilă-Cristescu · 25.02.2014 · 00:00 · 3 min
Ford Romania To Halt Production For 8 Days In March-April
Automotive

Ford Romania To Halt Production For 8 Days In March-April

Ford Motor Co. will suspend production for eight days at its Romanian plant during the March-April period because of weak market demand for its B-Max model, the company said Wednesday.

Florentina Dragu · 19.02.2014 · 09:36 · 1 min
Romania's Car Production Down 6% In January
Automotive

Romania's Car Production Down 6% In January

Carmakers Dacia and Ford assembled almost 32,800 cars together in January, according to market data, 6% fewer than in the year-ago month. This is the first time in three years when car produ...

Loredana Frățilă-Cristescu · 18.02.2014 · 00:00 · 1 min
INS: Romania’s Power Output Falls 6.2% In 2013; Consumption Down 6%
Macroeconomics

INS: Romania’s Power Output Falls 6.2% In 2013; Consumption Down 6%

Romanian energy output fell 6.2% on the year to 21.34 million tons of oil equivalent in 2013, on the back of a two-digit decline of the thermal power production.

Bogdan Neagu · 11.02.2014 · 10:00 · 1 min
Romanian Authorities Pledge Support For Dacia’s Further Growth - Minister
Automotive

Romanian Authorities Pledge Support For Dacia’s Further Growth - Minister

Economy Minister Andrei Gerea Thursday said the Romanian authorities will make sure the production facility in Mioveni of carmaker Automobile Dacia can continue and even develop its activity...

Ecaterina Craciun · 06.02.2014 · 15:12 · 1 min
Swiss Home Appliances Component Maker Jaeggi Builds EUR20M Plant Near Sibiu
Companies

Swiss Home Appliances Component Maker Jaeggi Builds EUR20M Plant Near Sibiu

Swiss home appliances component manufacturer Jaeggi Industries is to invest about EUR20 million in a production facility in Cristian, Sibiu County, central Romania and create more than 130 j...

Loredana Frățilă-Cristescu · 28.01.2014 · 00:00 · 1 min
Romania’s Car Production Hit Record High Of Over 400,000 Units In 2013
Automotive

Romania’s Car Production Hit Record High Of Over 400,000 Units In 2013

Car production hit a record high in Romania in 2013, overshooting the 400,000-unit mark for the first time, according to data provided by the two automakers operating locally, Dacia and Ford...

Loredana Frățilă-Cristescu · 27.01.2014 · 00:00 · 2 min
How GSK Decided To Give Up Its Plant In Brasov
Health

How GSK Decided To Give Up Its Plant In Brasov

The announcement of British drugmaker GlaxoSmithKline (GSK) about giving up its Europharm plant in Brasov, central Romania, came as a shock to the pharmaceutical industry this summer.

Loredana Frățilă-Cristescu · 25.12.2013 · 14:55 · 2 min
Promising End Of The Year: Inflation And Trade Deficit Went Down, Production Moved Up
Macroeconomics

Promising End Of The Year: Inflation And Trade Deficit Went Down, Production Moved Up

The latest statistical data for 2013 signal an encouraging macroeconomic trend for 2014, when Romania's economic growth is expected to continue.

Daniela Stoican · 23.12.2013 · 09:24 · 1 min