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Warehouse Market News

Elis Pavaje completed the acquisition of the Fruhwald factory in Alba County

Elis Pavaje, the leader of the pavement and curbs market in Romania, completed the takeover of the Fruhwald concrete prefabs plant in Vintu de Jos. The acquisition value exceeds EUR 1,000,000 and assumed the takeover of the production unit including employees.

Expected real estate transactions of one billion euros in 2018 in Romania

The year 2018 will most likely attract at least the same volume of real estate transactions as the previous year, about one billion euros, Savills consultants believe.

TransCOOL FORUM - Transport and storage with controlled temperature, a TransLogistics EXPO event

Significant players on the chain of supply and sale of perishable products meet on Friday, September 28 at Romexpo at 13.00 at the TransCOOL FORUM - cold transport and storage, a related event within the rich TransLogistics EXPO agenda.

Globalworth plans to develop 130,000 sqm office in Bucharest and 175,000 sqm industrial in Timisoara

Globalworth has reached at the end of the first semester of 2018 a portofolio of assets valued at EUR 1.2 billion in Romania and is planning new real estate investments in the country.

Swiss group Artemis, a new investment in the industrial park near Timisoara

Swiss Artemis Group announces a new investment in the extension of the Sânandrei Park, near Timisoara. The investment, over 5 million euros, targets a building of 7,500 square meters, located in the vicinity of the existing building.

An American company will produce auto lighting components in Timisoara

An important American company active in the field of auto parts production, Varroc Lighting Systems, entered Timisoara after signing a collaboration agreement with a well-known Romanian company in the field of lighting solutions for motor vehicles, ELBA.

The next ten years on the industrial and logistics market in Romania

Ten years ago, the financial crisis of particular severity brought countless countries into recession, including Romania. In the last decade, Romania's economy has undergone a number of changes, also marking significant progress, including in the real estate sector, whose prospects for the next 10 years offer an attractive risk / reward profile, according to the Colliers International real estate consultancy Romania.

CTP appointed Richard Wilkinson as the Group’s new Chief Financial Officer

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, announced the appointment of Mr. Richard Wilkinson as Chief Financial Officer (CFO) for the Group.
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