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Cargus strengthens its international expansion and appoints Mircea Andriescu as Head of International Sales

Cargus, one of the leading courier companies in Romania, is pleased to announce the appointment of Mircea Andriescu as the Head of International Sales. This decision is in line with the company's strategy to expand its services in international markets and develop its client portfolio for both inbound (imports) and outbound (exports).

The Real Estate and Construction sector attracted approximately €1.2 billion of Foreign Direct Investments in 2022

The real estate and construction sector attracted approximately €1.2 billion of foreign direct investments (FDI) in 2022, as the share of this economic activity in the overall FDI stock stood at 17.2% at the end of 2022, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox real estate consultancy company.

P3 Romania records 107,000 sqm in lease deals during H1 2023

P3 Logistic Parks (P3) has concluded lease transactions for over 107,000 sqm in the first half of 2023, with most of the demand coming from existing clients.

EVOLOR invests EUR 3 million in technology development at Chempro factory

EVOLOR, one of the largest players in the Romanian paint and varnish production industry, announces the completion of the acquisition of the former Chempro paint factory and investments in technology, the project having a total value of EUR 3 million.

REHAU Window Solutions inaugurates the Logistics Centre in Cisnădie, an investment of 10 million euro

REHAU Window Solutions inaugurates the Logistics Centre in Cisnădie, an investment of 10 million euro REHAU Window Solutions has inaugurated its investment in Cisnădie, Sibiu county, part of the REHAU Group’s global growth strategy.

Raben reaches 15,000 sqm of leased space with CTP in Romania

Raben Logistics Romania has leased 1,300 sqm of new warehouse space in CTPark Oradea Cargo Terminal, while the company’s lease volume with CTP across Romania has reached 15,000 sqm.

Olympus invests EUR 40 million in a logistics centre near Brasov

Greek dairy group Olympus, active on the Romanian market since 1999, announced plans to build a EUR 40 million logistics centre near Brasov, in the proximity of its production facility located at Halchiu.

Former industrial platforms in Bucharest continue to generate among the highest number of land transactions

The land market in Bucharest has remained active over the past 12 months, in terms of acquisitions made by residential, logistics and retail real estate developers by particularly targeting the former industrial platforms within the city, which provide easy access, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

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