CTP, the largest owner and developer of industrial and logistics space in Romania, has partnered with Blum, one of the world’s leading manufacturers of furniture hardware. CTP will set up a 2,200 sqm warehouse for the Austrian manufacturer’s subsidiary in CTPark Bucharest North, in the Stefanesti area.
The German-Canadian company Rock Tech Lithium will build a 400 million euro factory in Romania, of raw materials for lithium-ion batteries for electric cars.
CTP, Continental Europe’s largest owner, developer and manager of high quality industrial and logistics real estate by gross lettable area (GLA), reported a 306% rise in net profit in the 12 months to 31 December 2021 to €1,026 million, compared with €252.2 million for the same period of 2020.
Proinvest Group, a Romanian company specializing in steel processing, will invest EUR 10-12 million this year as part of a EUR 100 mln long-term development plan, which began in 2021.
According to the data analyzed with the help of the only virtual sales assistant at construction sites, VICTA.ro, in 2021, 5347 projects in the industrial sector were identified at national level.
On February 7, the Sibiu Environmental Protection Agency issued an environmental permit for the Sibiu - Făgăraș Highway. The total length of the route will be 68.05 kilometers and will be divided into four sections. The new highway will also be connected to DN1 with a 5.65-kilometer connecting road.
Cushman & Wakefield Echinox expands and consolidates its Land & Industrial team coordinated by Andrei Brânzea by recruiting Marius Frunzuc and Ștefan Oprea, two specialists with a combined experience of 33 years in the real estate market.
Caroli Foods Group, the market leader in meat products, with a profile factory in Pitești, partners with Globalworth in Pitești Industrial Park, a project developed under the umbrella of Globalworth Industrial. The area of the warehouse that will serve Caroli Foods Group throughout Romania is approximately 6,800 square meters and the lease agreement was signed for a period of 10 years.
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