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Warehouse Market News

CTP expands its partnership with Cargus with a new location in Sibiu

CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), expands its partnership with Cargus, one of the most important courier companies in Romania, with the inauguration of a new location in Sibiu. This development underscores CTP's commitment to fostering strategic alliances and supporting the growth of its partners.

VGP Romania has started the construction of the third building in VGP Park Bucharest North (A3)

VGP, a European provider of high-quality logistics spaces and semi-industrial real estate, has initiated the construction of the third building in VGP Park Bucharest North (A3), marking a new milestone in the development of logistics infrastructure in the region. Building A covers an area of ​​25,950 m2 and has already two significant tenants, who have signed lease contracts for a total of 8,158 m2. This achievement underlines the attractiveness of the project.

AMF BRUNS Romania inaugurated a new production unit in Roman

The German company AMF-Bruns, a global leader in the provision of innovative solutions to facilitate mobility, inaugurated a new production unit within the factory in Roman.

Beyçelik Gestamp opens new auto parts factory in Arges

Turkish-Spanish auto parts manufacturer Beyçelik Gestamp has announced its plans to open a new factory in Romania's Argeș County, marking a significant investment of €45 million.

Romania can attract investments of 10 billion euros in sector of logistics and industrial spaces

Romania can become a major player in the sector of industrial logistics in Europe, against the background of the fundamental changes that the global economy is going through, from the shortening of production and supply chains to the focus on finding secure locations, protected from unwanted events, such as war and climate change, shows a study contucted by Frames and Frisomat Romania

Olympian Park North Bucharest industrial park will host the largest regional hub of RetuRO

RetuRO, the administrator of the Deposit-Return System, the largest circular economy project in Romania, opens its fourth regional center for counting and sorting DRS packaging in Otopeni, Ilfov County. Located within the Olympian Park North Bucharest industrial park, the center will manage and process beverage packaging collected both manually, from retailers, and from reverse vending machines (RVMs).

Gebrüder Weiss enlarges logistics center in Budapest

The transport and logistics company Gebrüder Weiss has enlarged its logistics facility at the Dunaharaszti location near Budapest. The new logistics complex covers 10,000 square meters and includes office space, a handling facility, and a high-bay warehouse.

TeraPlast Group sales increased by 20 percent in Q1 2024

TeraPlast Group’s results in the first quarter of 2024 exceed both the budget and the previous year’s performance, driven by streamlining the activities in each business line and organic growth alike. Positive contributions to the Group’s results were brought by the start of production at the Opal stretch film factory and the integration of Palplast’s operations in the Republic of Moldova, the recently acquired company.
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