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Land transactions in Bucharest have reached the highest volume in the last 10 years

The total area of land traded in Bucharest last year was 116 hectares, the highest recorded volume in the last 10 years.

Pirelli to expand its factory in Slatina with a new production unit

Italian tire manufacturer Pirelli will build a new production unit in Slatina on a land of over 6 hectares.

Bosch to invest EUR 25 million in a new Engineering Center in Cluj-Napoca

German company Bosch will open new headquarters of the Cluj-Napoca Engineering Center, following EUR 25 million investments.

ING and EBRD, EUR 96 million financing for CTPark Bucharest logistics park

ING Bank Romania and the European Bank for Reconstruction and Development (EBRD) finance with EUR 96 million the CTPark Bucharest logistics park, operated by the Romanian subsidiary of Czech real estate developer CTP, which owns the largest portfolio of logistics parks in Central Europe and East.

The industry has overcome its contraction, but the gain was modest in February

In February, the industry's advance was modest, but managed to overcome contraction, the recovery being driven by increased domestic demand and rising exports, according to the Industrial Barometer of February 2018 by IRSOP and SNSPA.

CTP appoints Andreea Odovîncă as Chief Financial Officer for Romania

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, has appointed Andreea Odovîncă as Chief Financial Officer (CFO) for Romania. She will be responsible for ensuring the efficiency of financial functions, the quality of the information provided by the department, staff development and performance management.

New logistics centers for DPD Romania and business up 20% in 2018

Courier company DPD Romania estimates a 20% increase in turnover in 2018 and more than 11 million parcels delivered during the year, following EUR 1.5 million last year investment in expanding logistics and software.

Sennheiser will build a factory in Braşov, Romania

Sennheiser, one of the world leaders in the production of headphones and audio equipment, plans to complete the construction of a new production facility in Romania later this year.

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