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By rbj
The TeraPlast tradition starts 125 years ago when, in 1896, a ceramic tile processing workshop was set up.
Over the years, the company has brought solutions to Romania for the first time and is currently the only Romanian manufacturer that holds a patent for the use of recycled PVC in multilayer pipes for exterior sewers.
TeraPlast Group is investing million euros to become the largest plastics processor in Eastern Europe. The group has entered

Category: companies | Date: |2021-09-13|

By Edwig Ban
The Bosch company inaugurated the third production hall within the car electronic components factory from Jucu, Cluj county, according to a communiqué sent on Thursday by the commercial company.
The new production unit has a total built area of 34,500 square meters and required an investment of about 55 million euros.
The new hall will be used for the manufacture of high quality electronic control units for electric vehicles, and the equipment used is energy efficient,
Category: automotive | Date: |2021-09-02|

By Emea Riga
In the first semester of 2021, 360,000 square meters of logistics and industrial spaces were leased, a 21% increase compared to the similar period of the previous year, according to the Cushman & Wakefield Echinox real estate consulting company. 200,000 square meters were transacted in the first three months of the year, while developers closed transactions for spaces with a total area of 160,000 square meters in the second quarter.
Halfway through the year, contract renewals represented

Category: real estate | Date: |2021-08-19|

By Edwig Ban
French carmaker Renault reported 18.7% sales growth in the first half of this year on Friday, while sales of Dacia cars rose 24.5%, thanks to the new Sandero, which was the best-selling model. from the European retail market, informs Reuters, according to Agerpres.
"In an environment that is still disrupted by the COVID-19 pandemic, Renault Group sold 1.422 million vehicles in the first half of 2021, up 18.7% compared to 2020 but 24.2% less than in the first half of 2019 ", the Dacia
Category: automotive | Date: |2021-07-16|

The number of companies that have suspended their activity was, in the first five months of 2021, 5,249, increasing by 25.28% compared to the same period last year, according to data published by the National Office of the Trade Register (ONRC) .
Most companies that suspended their activity during January-May 2021 were from Bucharest, respectively 563 (increasing by 38.67% compared to the similar period of 2020), the Capital being followed by Cluj counties, with 272 suspended companies (decreasing by 1.81 %%), Bihor - 232 companies (+ 13.73%) and Prahova - 212 (+ 52.52%), writes Agerpres.

Category: home | Date: |2021-07-12|

Home - LIBERTY Steel Romania
By Edwig Ban
Liberty Galați produces about half a million tonnes of blast furnace slag yearly. Of this, the granulated slag is used by cement producers in Romania but also in other countries across Europe and Africa. The use of slag in the cement industry reduces the use of natural raw materials and - implicitly - its carbon footprint.
Liberty Galați has for the first time exported 50,000 tonnes of blast furnace slag, a by-product of the steel-making process carried out at the
Category: companies | Date: |2021-06-17|

ClujLife Office Takeover la Porsche Engineering România
By Edwig Ban
Porsche Engineering, a technology and subsidiary service provider wholly owned by Porsche AG, opens a second technology center in Romania. With a new research and development center in Timisoara, Porsche Engineering is expanding its network of innovation centers for the development of the intelligent and connected vehicles of the future.
The new office expands and completes the digital skills of the center in Cluj-Napoca, founded in 2016, where over 250

Category: automotive | Date: |2021-06-15|

By rbj
The optimism of CEOs in Romania regarding global economic recovery has reached its highest level in ten years, with 60% of respondents considering that the economic situation will improve in the next 12 months, according to the CEO Survey 2021 report produced by PwC Romania.
Although they are more optimistic than in previous years, CEOs in Romania prove to be more cautious in their forecasts than their global (76%) and Central and Eastern European (CEE)

Category: home | Date: |2021-06-10|

By Emea Riga
The German group Bosch ended fiscal year 2020 with consolidated sales amounting to almost 2.2 billion lei (448 million euros) in Romania, thus registering an increase of approximately three percent compared to the previous year. The company has invested 100 million euros to increase production capacity at factories in Cluj / Jucu and Blaj.
Total net sales of 6.8 billion lei (1.4 billion euros), including sales of unconsolidated companies and domestic deliveries

Category: companies | Date: |2021-05-25|

By Emea Riga
The volume traded on the industrial spaces market in Romania increased by 43% in the first quarter of this year, compared to the same period in 2020, reveals the data contained in a report launched by CBRE, the leader of the real estate consulting market.
According to the document, between January and March 2021, a total of 264,000 sq m of industrial space were rented in Romania, and the largest transaction belongs to the car manufacturer Dacia, which decided to extend
Category: real estate | Date: |2021-05-05|

The Romanian Business Journal
Constantin Radut
Editor in Chief
031726 Bucharest, Romania
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