CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), expands its partnership with Cargus, one of the most important courier companies in Romania, with the inauguration of a new location in Sibiu. This development underscores CTP's commitment to fostering strategic alliances and supporting the growth of its partners.
VGP, a European provider of high-quality logistics spaces and semi-industrial real estate, has initiated the construction of the third building in VGP Park Bucharest North (A3), marking a new milestone in the development of logistics infrastructure in the region. Building A covers an area of 25,950 m2 and has already two significant tenants, who have signed lease contracts for a total of 8,158 m2. This achievement underlines the attractiveness of the project.
The German company AMF-Bruns, a global leader in the provision of innovative solutions to facilitate mobility, inaugurated a new production unit within the factory in Roman.
Turkish-Spanish auto parts manufacturer Beyçelik Gestamp has announced its plans to open a new factory in Romania's Argeș County, marking a significant investment of €45 million.
Romania can become a major player in the sector of industrial logistics in Europe, against the background of the fundamental changes that the global economy is going through, from the shortening of production and supply chains to the focus on finding secure locations, protected from unwanted events, such as war and climate change, shows a study contucted by Frames and Frisomat Romania
RetuRO, the administrator of the Deposit-Return System, the largest circular economy project in Romania, opens its fourth regional center for counting and sorting DRS packaging in Otopeni, Ilfov County. Located within the Olympian Park North Bucharest industrial park, the center will manage and process beverage packaging collected both manually, from retailers, and from reverse vending machines (RVMs).
The transport and logistics company Gebrüder Weiss has enlarged its logistics facility at the Dunaharaszti location near Budapest. The new logistics complex covers 10,000 square meters and includes office space, a handling facility, and a high-bay warehouse.
TeraPlast Group’s results in the first quarter of 2024 exceed both the budget and the previous year’s performance, driven by streamlining the activities in each business line and organic growth alike. Positive contributions to the Group’s results were brought by the start of production at the Opal stretch film factory and the integration of Palplast’s operations in the Republic of Moldova, the recently acquired company.
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