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Manufacturing outweighs mining drop, brings industry up 2.7 pct

During the first seven months of the year turnover in industry increased per total by 2.7 percent over the same period of 2014, due to rises in manufacturing (up 2.8 percent), show data from the National Institute for Statistics.

Prologis Announces Definitive Agreement on Prologis Park Bucharest A1

Prologis, Inc., the global leader in industrial real estate, today announced it has entered into a definitive agreement whereby CTP will acquire Prologis Park Bucharest A1 in Romania. The binding agreement is subject to customary closing conditions.

Portland Trust agreed with CTP the sale of Bucharest West

Real estate developer Portland Trust, found by British Robert Neale, reached an agreement with Dutch CTP for the sale of Bucharest West logistics park.

Belgian company will build parts for Airbus in Romania

Belgian company Sonaca bought a 20,000 sqm plot in Turda, north-western Romania, to build factory that will produce parts for the Airbus aircraft wings.

22 de km of Sibiu-Deva highway to be closed for repairs

Monday on September 7th starting 8 am, A1 Highway Orăştie – Sibiu will be closed on the 22 km segment between Sălişte(km 270 plus 020) and Cunţa(km 292 plus 455) for the repairs of the degradations in km 275 plus 650 of the highway.

New Romanian-Chinese memorandum for power plant

Thermal electricity producer Complexul Energetic Oltenia, which is controlled by the Romanian state, and the state-owned Chinese company China Huadian Engineering plan to form a joint venture in a public-private partnership called Huadian Oltenia Energy, which should build a new energy group with a 600 MW capacity at the Rovinari power plant.

Japan’s SEWS relocates production from Slovakia to Romania

According to “The Slovak Spectator,” Japan’s Sumitomo Electric Wiring Systems (SEWS) auto parts manufacturer terminated the production at its plant in Topolcany, Slovakia, at the end of July in order to relocate it to Romania.

P3 to extend VF Corporation’s European distribution hub at its Prague D8 logistics park

Pan-European logistics real estate owner P3 has signed an agreement to develop a 23,445m2tailor-made building next to VF Corporation’s existing 40,000 m2premises at theD8 logistics park to the North of Prague. The deal comes just eight months after P3 completed the 40,000 m2Phase 1 warehouse for the company and will take VF’s total representation at P3 Prague D8 to over 106,000 m2.
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