Slovakia | Romania Feed

The European Investment Bank (EIB) and the government of Ukraine have agreed to direct EUR50 million of EIB financing to Ukraine’s national railway company, Ukrainian Railways (Ukrzaliznytsia), to upgrade key rail border crossing points with Poland, Slovakia, Hungary and Romania.

Romania ranks 21st among the 27 EU member states in terms of GDP per capita expressed in purchasing power, respectively 22% below the EU average, beating Hungary, Croatia, Slovakia, Latvia, Greece and Bulgaria, in line with Eurostat data.

The total investment in commercial real estate assets, encompassing office spaces, retail establishments, logistics and industrial spaces, and hotels, across Poland, Czech Republic, Hungary, Slovakia, and Romania, amounted to just EUR5.1 billion in 2023, the lowest annual amount of the last decade, but 2024 outlook shows renewed optimism, as per a report drafted by iO Partners in collaboration with JLL.

Craiova-based Softronic, the only manufacturer of electric locomotives and multiple units in Eastern Europe, is in advanced talks to sell locomotives to the largest private rail carrier in Slovakia.

Cargus, a major player on Romania’s courier services market, is expanding its foothold on the markets of Czechia, Slovakia, Germany, Hungary, Bulgaria and Greece after entering Poland, where it has a cross-dock operational facility for international players wanting to sell their products to Romanian consumers.

Green Group, a group of firms active in the recycling sector and majority owned by investment fund Abris Capital Partners, has announced an investment of EUR12 million to install a production line for r-PET (Recyclable Polyethylene Terephthalate) granules in Slovakia, with a capacity of 8,000 tons per year.