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Former Industrial Bakery Spicul Site To Accommodate 90,000 Square Meters Of Office Space
The land that was once the site of the Spicul industrial bakery in the central-western Bucharest in the Orhideea area will accommodate two office developments worth about EUR160 million, con...
Five Industrial Parks Turned Brasov City Into Regional Economic Hub
Companies in the central city of Brasov posted total revenue of 37 billion lei in 2014, or 3% of the economy, turning the city into a regional economic hub, according to ZF analysis based on...
Maramures County, Romania’s Furniture Hub
Six of Romania’s largest furniture manufacturers – Aramis Invest, Taparo, Plimob, Eurocomfil Invest, Ita Prodution and Transval Mob, posted more than one billion lei (EUR226 million) revenue...
DB Schenker Rail Romania To Hire 100
Railroad freight carrier DB Schenker Rail Romania will hire 100 people this year to staff the local center that has become a regional hub handling the freight from Western Europe on route to...
Oil Terminal Seeks Plan B To Survive Without Its Main Client, Lukoil Refinery
State-run harbor operator Oil Terminal (OIL.RO) wants to develop as a center of oil and fuel trade in the Black Sea region, in an attempt to boost the business that has been flat for four ye...
Closure Of Timisoara Hub Drives Carpatair Revenue Down 40%
Carpatair, an airline gone insolvent early this year, posted 148 million lei (EUR33.7 million) revenue last year, down 40% on 2012, and RON26 million loss, according to the Finance Ministry...
Coca-Cola CEO: Romania To Turn Into Regional Export Hub
Coca-Cola’s plant in Ploiesti, Romania, will turn into a regional hub supplying products to six markets in the region, said Muhtar Kent, chief executive officer of the US group who was there...
eMag Opens IT Center In Craiova
Romania’s largest online computer and electronics retailer eMag has opened a computer programming hub in Craiova (southern Romania), for which it has already recruited seven people.