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Lödige Industries has completed the expansion of its manufacturing site in Brasov

The local team, led by Luana Costecu-Guran, Managing Director at Loedige Machine SRL and Ralf Gapp, Chief Production Officer of Lödige Industries, has already grown significantly to around 130 employees. Now, with more than 8,000 square metres, almost twice as much factory space is available for production and storage. In Brasov, Lödige Industries produces lifting and conveying technology for projects worldwide. Construction works for the hall extension began in March and have now been completed on time. The opening was celebrated with a big ceremony.

Packeta Group is changing its ownership: a consortium of financial and private investors will become the new owners

The shareholders of Packeta Group, the parent company of the Czech tech-logistics company Zásilkovna, have agreed to sell a 100 percent stake in the Packeta Group to a consortium of CVC Capital Partners and Emma Capital: with capital support from R2G.

CTP Romania delivers the first foreign distribution center of LPP Logistics at CTPark Bucharest West

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has delivered the first foreign distribution center of LPP Logistics in Romania, less than one year after the start of construction. Located in CTPark Bucharest West, the largest industrial park in Central and Eastern Europe (CEE), the 65,000 sqm warehouse will strengthen LPP’s distribution network in Southern Europe.

PepsiCo invests USD 13 mln in automated production line at Romanian soft drink factory

PepsiCo, a leader in the food and beverage industry, announced a USD 13 million investment in installing a fully automated production line at its soft drink factory in Dragomirești, Romania. The move is aimed at strengthening the company’s position as a regional production and distribution hub for Central and South-Eastern Europe.

Major Chinese automotive component maker KSHG Auto Harness expands again through 13,000 sqm deal with CTP in Romania

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 13,000 sqm of production space at CTPark Deva II in western Romania to leading Chinese automotive component company KSHG Auto Harness.

Mediapost Hit Mail signs with Global Vision and Globalworth for 19,000 square meters space in Chitila Logistics Hub

Mediapost Hit Mail, the largest direct marketing company in Romania, has leased 19,000 square meters of space including warehousing and office area in Chitila Logistics Hub, the industrial park developed by Global Vision and Globalworth. In this modern space being part of the park located near the Bucharest ring road, the company will operate logistics and e-commerce services for companies in the retail, FMCG, energy and services sectors.

2023 was a good year for local real estate, with a strong industrial market and lower investment activity

Romania’s real estate market prepares to end a “decent” year, with intense activity in the industrial sector, but also with a decline in economic dynamic and a significant decrease in investment market activity, as Colliers consultants predicted at the beginning of the year, in their report “Top 10 predictions 2023”.

Raluca Stanislav is the new Head of Business Development at Cushman & Wakefield Echinox

Cushman & Wakefield Echinox consolidates its team by recruiting Raluca Stanislav as Head of Business Development
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