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Mitsubishi Could Open Engine Factory in Romania

Mitsubishi is interested in opening a new engine factory in Romania, a Greenfield investment estimated to EUR 200 million.

Teraplast Buys 50 Pct Of Metallic Tiles Manufacturer Depaco

Teraplast Bistrița (TRP) will buy the major package of 50 pct of the company Depaco, the second metallic tiles supplier on the local market through its brand Wetterbest. The acquisition is strategic for the group as its subsidiary TeraSteel is market leader for galvanized steel structures and the new products will be complementary.

Innovations Logistics Park Is Looking For A New Anchor Tenant After Nestle’s Restructuration

The departure of Nestle from Innovations Park, following the contractual cancelation before term, motivated by the company’s operations restructuration, is leaving available a generous warehouse space in Clinceni, near Bucharest.

CTP to Invest EUR 3 Million for LED Lighting In CTParks

CTP invests EUR 3 million in order to refurbish its portfolio by replacing current illumination system with LED lights, over a total area exceeding 54,000 m2, including both interior and exterior spaces.

Cristina Pop, New Head of Asset Management P3 Romania

P3 Romania, one of the most important players on the logistics market in Romania, is expanding its team with new executives. The Pan-European investor, developer and manager P3 has appointed Cristina Pop as Head of Asset Management and Monica Andrei as Head of Property Management. A new membre of the team is also Roxana Buga appointed as Property Management Accountant.

4 Million Euros Real Estate Transaction - Transporter Karl Heinz Dietrich Buys Land in Otopeni

International multi-modal transport company Karl Heinz Dietrich (KHD) bought with four million Euros a land of nearly 53,000 sqm in Otopeni from the plastic items manufacturing company Romtatay.

P3 registers record growth in 2016

P3, a major investor and developer in the field of logistics real estate has recorded top performance in 2016 across all key parameters including new construction, leasing, vacancy rates and development pipeline.

Colliers: 10 Forecasts for the Romanian Real Estate Market In 2017

Romanian real estate market will register in 2017 an ascending trend, the growth of the office and industrial segments being mainly influenced by the expansion of the outsourcing companies and of the manufacturers, attracted by the specialized labour market, the economic conditions and the fiscal facilities granted by the Romanian state.

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