CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, has appointed Andreea Odovîncă as Chief Financial Officer (CFO) for Romania. She will be responsible for ensuring the efficiency of financial functions, the quality of the information provided by the department, staff development and performance management.
Courier company DPD Romania estimates a 20% increase in turnover in 2018 and more than 11 million parcels delivered during the year, following EUR 1.5 million last year investment in expanding logistics and software.
Sennheiser, one of the world leaders in the production of headphones and audio equipment, plans to complete the construction of a new production facility in Romania later this year.
On a market that has accelerated in the past two years, both as a volume of stocks and as a number of transactions, Dunwell, the first brokerage agency in Romania specializing in the industrial segment of the real estate market, was launched. The goal of the agency for the first year is to achieve a market share of 10%.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, and the German producer of pipes, shafts and system components made of plastic and metal FRÄNKISCHE, expands their collaboration in CTPark Turda exceeding 10,000 m² of logistics spaces. This surface was reached after the construction of a new building of circa 7,000 m², as an expansion of the one the German company already occupies since 2015.
Last year's net investment in the national economy amounted to 77.964 billion lei, up 6.4% year-on-year, according to data released by the National Institute of Statistics (INS).
First Property Group plc, the property fund manager and investor with operations in the United Kingdom and Central Europe, is pleased to announce that it has entered into a lease with Teconnex Ltd, for around one-third of its warehouse in Tureni, Romania. The rent payable by Teconnex amounts to some €135,000 per annum.
An important aspect of the decision to relocate multinational companies in Romania, especially production activities or call center services, is labor costs.
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