Engineering and project management company, Chemie-Tech, will invest $62 million (AED226m) in a plant that recycles the oil used in the automotive industry in Oltenita, Romania, constructionweekonline.com informs.
P3, the specialist owner, developer, and manager of European logistics properties, has started work on the construction of a new warehouse at P3 Prague D11 park. The 40,000 m² unit is the second and largest warehouse to be built at the park. More than a third (15,000 m²) is being undertaken on a Build-To-Suit (BTS) basis for the family-run French distribution company FM Logistic in a deal brokered by CBRE. The remaining space will be available to lease.
The Prysmian Group will open two new plants in Romania and Slovakia, where it will produce telecommunications and data cables. The plants will be built as extensions on ots existing factories in Slatina, Romania and Presov, Slovakia.
Helios Phoenix, the developer of the industrial and logistics facilities Olympian Parks, announces the delivery of a new unit in Cristian, Brașov county, with an area of more than 10,000 sq.m, to the manufacturer of wooden garments for luxury automobiles Rolem, which reaches a total occupied area of 17,200 sqm.
Romania's automotive market advanced 10.2 percent in the first half 2016 with a sales volume of 61,151 units and legal entities making up 79 percent of buyers, according to data released on Monday by the Automotive Manufacturers and Importers Association (APIA).
Nearly 12,000 tailors in Romania are providing 1 pct. of the total volume of clothes sold worldwide by the giant retailer C&A, shows a ZF analysis based on data from the Dutch company. The company, with nearly 2,000 stores worldwide and EUR 8 billion turnover is working on the local market with 41 factories, which ended last year with businesses of nearly EUR 163 million and 12,000 employees.
Labour productivity in the Romanian industry decreased in the first quarter of 2016 by 1.9percent, year-on-year, and by 3.8 percent compared to the previous quarter, data published by the National Prognosis Commission (CNP) showed.
Van Moer Logistics, a Belgian logistics and transport group which took over a division from Dumagas, intends to reach this year EUR 9 million turnover in Romania, with 26 pct compared to the precedent year.
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