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Warehouse Market News

AdePlast Buys Land near Craiova and Plans to Open New Factories in Romania

AdePlast will expand its production capacities, opening new facilities on the industrial platforms of Işalnita near Craiova, Cluj-Napoca, Oradea and Ploieşti.

The Value of Real Estate Transactions In Romania Increased By 44% In The First Semester, To 485 Million Euros

The total value of real estate transactions in Romania reached 485 million Euros in the first half of this year, up 44% over the same period in 2016, according to the CEE Investment Market report by JLL.

H.Essers Expands Its Logistic Centre Near Bucharest

H.Essers logistics provider is investing 7 million Euros to expand the warehouse near Bucharest by another 10,000 sqm, the new premises being for pharmaceutical and hazardous goods.

The Number Of Employees In Romania Reached The Highest Level In The Past Two Decades

The number of employees in the economy reached 4.84 million in May, as companies made almost 114,000 new hires in the first five months of the year.

Philip Morris to Invest 490 Million Euros In A New Factory In Otopeni

Cigarette manufacturer Philip Morris International will open a tobacco reserves factory in Otopeni, Ilfov County, for the IQOS tobacco heating product, an investment of 490 million Euros, to be completed in 2020, according to the company’s representatives.

Van Wijk Signed A New Lease Agreement In P3 Bucharest Park

P3, the pan-European logistics developer and developer, signed a partnership with Logistic E van Wijk, a provider of integrated transport and logistics services for an area of 10,180 m² of storage space and 252 m² of office space in the new warehouse 6 from P3 Park Bucharest.

The Value Of Real Estate Transactions In Romania, Up To Over € 400 Million In The First Semester

The total value of real estate transactions in Romania exceeded 400 million Euros in the first half of this year, up 156% over the same period in 2016, according to a study released by Colliers International, also showing that the total volume of investments could reach 1 billion Euros this year.

The Local Industrial And Logistics Market Could Reach Three Million M2 by the End of the Year

The local industrial and logistics market has reached a stock of 2.65 million square meters and could reach 3 million by the end of this year, according to Romania Industrial & Logistics Market 2017 report by Cushman & Wakefield equinox.

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