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Helios Phoenix Bought Millenium Logistic Park near Bucharest

Helios Phoenix, owner and real estate developer, present on the local market for 20 years, has recently expanded its real estate portfolio through the acquisition of Millenium Logistic Park, situated in Popeşti Leordeni, near Bucharest.

Network One Distribution Signs for More Than 30,000 M2 Warehouse Space In CTPark Bucharest West

Network One Distribution (NOD) rented a warehouse area of more than 30,000 m2 in the park controlled by CTP near Bucharest, CTPark Bucharest West.

The Realty Forum 2017 to take place on April 25

They say landlords grow richer in their sleep, yet the last couple of years show that returning to growth was no easy endeavour for local developers and investors. Already an established event for the Romanian real estate industry, Business Review’s Realty Forum will bring together industry professionals and consultants alike to find out their take on how the market is evolving and their forecast on the segments promising the highest profits by the end of 2017 and beyond that.

EUR 3.5 Million New Factory Investment of GreenWEEE International In Cluj-Napoca

GreenWEEE International, part of the recycling group Green Group, present for 15 years on the Romanian market, will open this year a new waste treatment factory in Cluj-Napoca, North-Western Romania.

Industrial Production Advances in January 2017 in Romania

Industrial production in Romania has increase in January both as gross series and as adjusted series depending on the working days and seasonality, with 5.8 pct and 5.5 pct respectively, compared to the similar period of last year, according to the National Institute of Statistics.

Sonaca Officially Opens Its EUR 11.8 Million Factory in Cluj County Western Romania

Belgian aircraft parts manufacturing company Sonaca has inaugurated its new factory in Romania, situated in Moldoveneşti, Cluj factory, an investment of nearly EUR 12 million.

French Group Faurecia, One of the Largest Car Part Manufacturers Worldwide, To Open New Factory In Romania

The French manufacturer of auto parts Faurecia, one of the largest suppliers on this segment worldwide, will open a new factory in Romania in the end of this month.

Romania Attracts More Automotive Investments, Mainly In Its Western Hubs

The auto parts manufacturers register local overall turnover exceeding EUR 14-15 billion, with a total of more than 190,000 employees in Romania. The largest of all is Continental, with 2.3 billion and 17,500 employees.
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