Dutch CSI to open EUR 6 million factory in Cluj

Dutch group CSI will start works on a EUR 6 million factory in Cluj – Napoca which will produce transport and warehousing systems for consumer products. The CSI factory will cover 10,000 sqm and should be ready next year. The Dutch company already owns a production center in Cluj and plans to double its production capacity there, while increasing the number of employees from the current 185 to 400.

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Businessman and brokers, sent to court for alleged stock market manipulation in Romania

A Cluj Napoca based businessman and five other individuals were sent to court on allegedly manipulation the capital market in Romania. Businessman Gicu Agenor Gansca, Rares Nilas, general manager of BT Securities brokerage firm and four other individuals are investigated by the Directorate for Investigating Organized Crime and Terrorism (DIICOT) Cluj. Ana Maria Oprean, financial services agent, Sergiu Dan Dascal, head of operations with BT Securities, Horea Ionut Bobos, economist with Target Capital and lawyer Victor Rusa were also sent to court in the file.

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Volleyball Special: 2011 brings a new coach for Romania’s Remat Zalau

With the start of year 2011, the Romanian men’s volleyball Club Remat Zalau has brought some major changes in the team line. Since the CEV Champions League is just round the corner, the leadership of the club has decided to hire a new head coach for improved performance of team. The Romanian team is scheduled to face German champions of VfB Friedrichshafen. Mr. Mircea Dudas has been offered to take up the task of leading Romanian squad to success. He was introduced as new head coach of the Remat Zalau in the special conference on Thursday, 30th December, 2010. The press conference was held at a local sports hall, where the final decision of leadership was disclosed.

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