Logicor, the company which manages the logistics assets taken over by America’s Blackstone from Immofinanz, sees a high potential of the market in Romania, where, through land acquisitions and the developments taken over from the Austrian company, reached one million square metres.
Arkema SA agreed to buy Dutch sealant-and-adhesives maker Den Braven in a deal valued at 485 million euros ($534 million) as Chief Executive Officer Thierry Le Henaff builds on the acquisition of Bostik, the French company’s first foray into these specialty glues.
Windows manufacturer Qfort is developing an office building and a showroom near its factory owned in Pieleşti, Dolj county. The company’s total investment reaches EUR 4 million, the space hosting 300 employees.
The medical drug producer Antibiotice Iasi (ATB) has called out a meeting with the shareholders on 11 August to approve the contract of a multi-currency loan of RON 30 million (EUR 6.7 million) from Unicredit Bank, according to Mediafax.
The government is in talks with two major international carmakers interested in investing in Romania, Minister of Economy Costin Borc told broadcaster Digi24.
P3, one of the leading pan-European logistics real estate owners, developers and asset managers, has reached the important milestone of 300,000 m² of built space at its P3 Bucharest park, the largest logistics park in Romania. Since its purchase of the park at the beginning of 2015, P3 has added a total of 85,000 m² of new space for existing and new clients.
One percent of Romania’s total exports and 4.6 of the country’s shares of total imports in 2015 were registered with China, according to a new dataset posted by Eurostat.
Romanian real estate investment volumes went up 80% year-on-year in the first half of 2016, reaching an estimated EUR 340 million, according to real estate consultancy company JLL. In the first semester of 2015, the real estate investment volumes stood at EUR 187 million.
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