International multi-modal transport company Karl Heinz Dietrich (KHD) bought with four million Euros a land of nearly 53,000 sqm in Otopeni from the plastic items manufacturing company Romtatay.
P3, a major investor and developer in the field of logistics real estate has recorded top performance in 2016 across all key parameters including new construction, leasing, vacancy rates and development pipeline.
Romanian real estate market will register in 2017 an ascending trend, the growth of the office and industrial segments being mainly influenced by the expansion of the outsourcing companies and of the manufacturers, attracted by the specialized labour market, the economic conditions and the fiscal facilities granted by the Romanian state.
(Re)Construct, the event organized by WALL-STREET.RO and dedicated to the real estate and construction market will take place between 6th and 7th of March, being hosted by the Sheraton Bucharest Hotel, starting 9 am.
In the first ten months of 2016, Romania exported clothing and accessories worth 2.41 billion Euros, up 1.2 percent from the same period of 2015, according to data released on Tuesday by the National Statistics Institute (INS).
ELGAN, the company owned by businessman Simon Roth, has sold logistics project located near Pitesti, rented by Dacia, to real estate fund Globalworth, which is controlled by Ioannis Papalekas, in a deal worth EUR 42.5 million.
The number of job vacancies in the economy, an indicator of the shortage of labor at national level, increased by 11% in the fourth quarter of last year compared to the same period in 2015, reaching 60,700.
Romanian cable producer Romcab Targu Mures, a company with a turnover of RON 1 billion (EUR 221 million) in 2016, officially entered insolvency as the Mures Court approved the company’s insolvency request on Monday, February 21. The company has over EUR 200 million worth of debts to banks, state, and suppliers.
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