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KMG International to have new names in management structure

According to recent announcements, the KMG International Group has decided to change its current management structure, with new names for its operations. Specifically, the Group has appointed Cătălin Dumitru as the Senior Vice President for Operational Activities and Alexey Golovin as Vice President for Corporate Development and Strategy. As a result, the acting Senior Vice […]

Romania on the right track for economic progress

According to recent data from Romanian statistics offices, the national numbers for economic activities increased in September 2016, compared to last year’s September results. Accordingly, September of 2016 has seen an increase of 8,4% in commercial activities, except for motor vehicles and motorcycles, compared to numbers from September 2015. Also, when you take into account […]

British manufacturer GTK opens first factory in Romania

The market for cable assemblies and box build assemblies will benefit from a new addition, in Romania. Specifically, GTK company (UK) representatives announced opening a new manufacturing facility, in the Romanian city of Craiova. The center will focus on making various types of cable assemblies and box build assemblies, including connectors and optoelectronics. It also […]

Freight transport will have to be eco-friendly

With 7% of the world’s greenhouse gas emissions attributed to freight transport, companies and authorities will have to find clean sources of energy to prevent higher levels of pollution, experts from the industry suggest. According to numbers regarding the world’s transport of goods, emissions from trade-related activities are estimated to increase by a factor of […]