French concern Sogefi Suspensions SA will invest 50 million euros through Sogefi Suspensions Eastern Europe SRL, in the construction of an automotive production unit within the Eurobusiness I Industrial Park in Oradea.
CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, conducted a study regarding the energy efficiency standards of the buildings throughout its international portfolio. The research included warehouse and production facilities built by CTP in the recent period that were compared to other new buildings on the market, as well as buildings built by CTP in 2010 and 2000 which incorporate technologies available at the time. The first results made public show that the latest CTP-built buildings lead the market, offering up to 40% cost savings.
The tax on the future highway Ploiesti-Brasov will start from a tax of 6.3 euros, excluding VAT, per hundred kilometers, higher than those charged on most motorways in the former communist countries.
Romania ranks fifth in the EU in 2016 - the year when zero kilometers of motorway were built - with 3.1% of GDP allocated to transport and infrastructure investments (road, water, rail, air, including pipelines), according to a report released by Eurostat.
According to a recent study published by Business Review, in the first half on 2018, demand for industrial & logistics spaces in Romania was of approximately 120,000 sqm. Compared to the same period of the previous year, about 320,000 sqm, the numbers indicate a dramatic fall of the transactions market.
The Global Vision developer, controlled by Romanian businessman Sorin Preda, bought last year a nearly 100-hectare plot near Constanta Port and started the procedures to develop an industrial project with an estimated value of 200 million euros.
The local market for industrial and logistics space has reached a new threshold reaching mid-2018 at 3.12 million square meters, with nearly 90% of the current stock concentrated in Bucharest and five other cities, namely Timisoara, Cluj, Ploiesti, Brasov and Pitesti, according to the Romania Industrial & Logistics Market S1 2018 report by Cushman & Wakefield Echinox.
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