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IAR Brasov reports record profit in H1

IAR Brasov has registered a profit of RON 31.7 M in the first half of this year, 19 times higher year-on-year (RON 1.6 M in H1 of 2014), the company informs on its official website.

German group receives EUR 8 mln state aid for factory in Romania

German group Kärcher will receive a state aid of EUR 8 million for building an appliances factory in Curtea de Arges, 150 km from Bucharest.

Immofinanz Group to build 140,000 sqm project

LOG.IQ is an Immofinanz Group project in Mogosoaia, offering a gross leasable area (GLA) of 140,000 square meters, say company representatives.

Selgros Cash&Carry Romania invests EUR 4 mln in distribution center

Retailer Selgros Cash&Carry Romania has invested about EUR 4 million in a distribution center for Bucharest and surroundings. The company plans to enter the distribution market for hotels, restaurants and canteens.

Coface: Romania, one of the most successful car producers in the region

Romania’s car production, together with the car production of Slovakia and Czech Republic, are the most successful in Central and Eastern Europe (CEE), due to foreign investments.

Czech industrial supply up by 92,000 sqm in Q2

Industrial space on the Czech market increased by 92,000 sqm in the second quarter of the year according to data released by the Industrial Research Forum.

Raiffeisen Capital Management to offload €100m warehouse portfolio

Raiffeisen Capital Management is planning to offload its warehouse portfolio, according to British media outlets, which includes assets in Poland, France and Germany.

ENGLMAYER reached its fifth logistics terminal

Logistics company Englmayer has inaugurated its fifth warehouse in Romania, situated in Bacau.

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