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Warehouse Market News

British American Tobacco to Invest EUR 60 Million in Romanian Factory

British American Tobacco, Romania's largest cigarette maker, announces that in 2017 the value of the investments made at the Ploiesti factory will be triple compared to the estimates announced at the end of last year. Investments will reach 60 million Euros.

Blachotrapez to Open a New Production Facility in Baia Mare

Blachotrapez, the leader of the Polish metal roofing market, with the largest retail network in this country, plans to expand this year with a new production facility, to be built next to the Baia Mare factory, with an investment of 800,000 Euros.

German Reiffs inaugurated a sealing system factory in Săcele

Germany's Reiff Elastomertechnik (RET), a Reiff group company, has recently opned a factory within the Electroprecizia Industrial Park. The Germans rented a 3,250 square metres facility, employing 100 people.

Alpla Plastic Srl To Acquire Assets Of Amraz Romania

The Competition Council analyzes the transaction by which the PET production and sale division of Amraz Romania SRL is taken over by ALPLA Plastic SRL.

Japanese manufacturer Takata, with 3 factories in Romania, goes bankrupt

Japanese company Takata Corp, which has three factories in Romania, will file for bankruptcy next week, as it seeks to reach a financial deal with Key Safety System manufacturer, according to sources quoted by Reuters.

The industrial and logistics stock in Bucharest has increased 10 times in the last 13 years

The total stock of modern industrial and logistic spaces in Bucharest has increased approximately 10 times between 2004 and 2017 to almost 1.2 million square meters, being supported primarily by the positive evolution of consumption and purchasing power, shows a C&W Echinox study.

Kronospan Invested 10 Million Euros in Romanian Factory from Sebeş

The Kronospan wood chip maker inaugurated an investment of EUR 10 million in a modernized wood lamination line at its Sebeş factory.

American Company Timken Invested $ 60 Million In The New Bearing Factory In Ploiesti

American company Timken invested 60 million dollars in its second factory in Ploiesti, Romania, where 120 people will work, said Andreas Roellgen, vice president of Timken Europe, Asia and Africa.

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