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Elmas launches the first forklift upcycling center in Romania

On the 16th of June 2016, ElmasBrașov, a key player on the Romanian material handling market, launched the first upcycling center for forklifts in Romania. For this new line of business, the company invested 700.000 euro and is expanding its service portfolio in the material handling segment. By introducing this innovative concept on the industrial […]

Romania has the highest increases in total retail trade in EU28

Romania had the highest increase in the total trade retail in May 2016 compared to May 2015according to estimates from Eurostat, the statistical office of the European Union, but a decrease of -1,6% in May 2016 compared to April 2016. Also, in Luxembourg (+10 %), Estonia (+7 %), Ireland (+6,7%), the United Kingdom (+6,5%) and […]

ORESA has green light to take over home and office water solutions provider La Fantana

The Competition Council in Romania approved the transaction between Oresa Ventures (Cyprus) Limited and La Fântâna SA and LaF Group. In June 2016, the family-owned investment firm ORESA announced the completion of the acquisition process of home and office water solutions provider La Fantana, together with Cristian Amza, the company’s founder.  They had previously signed […]

A modal shift to rail could decarbonise transport

The main European transport associations, CER, EIM, ERFA, T&E, UITP and UNIFE call for an ambitious strategy to tackle rising Green House Gas emissions from the transport sector (from 1990 – 2013 GHG emissions have risen by 20%) in a joint letter to the European Commission A modal shift to rail in particular for medium […]

A Romanian appointed managing director Unilever South Central Europe

Florin Trandafirescu is as of today, 1st of July, the new managing director for Unilever South Central Europe, replacing Jarek Malinowski who held this position for the past four years. Prior to his appointment in his new position, Florin Trandafirescu led Unilever’s operations in the Czech Republic and Slovakia, for four years. He has a […]