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Warehouse Market News

Canada's Largest Independent Real Estate Broker Avison Young to Open Office in Bucharest

Avison Young, the largest independent real estate broker in Canada, has recently announced the opening of a new office in Bucharest, the first in Romania and its tenth in Europe.

French Giant Veolia, Apa Nova Shareholder, Negotiates the Takeover of Frigotehnica Bucharest

French giant Veolia, the company which controls locally Apa Nova, Bucharest’s water and sewage provider, is currently negotiating the takeover of Frigotehnica, one of the largest production and assembly for frigorific installations in Romania, according to Ziarul Financiar.

Transactions Record Volume in 2016 for Bucharest Land Market

Land market in Bucharest has reached in 2016 a new record in volume, as plots were transacted with a total area of 110 hectares, 144 pct. increase compared to 2015 and 3.5 pct. higher than the precedent record year for the market, 2007, when 106 hectares were sold.

CEVA Logistics Rents 50,000 SqM Warehouse Space in WDP Park Oarja

One of the largest international logistics operators, CEVA Logistics, has recently signed a lease agreement for a warehouse space of 50,000 square metres with WDP Development Ro, local branch of WDP industrial and logisitcs developer.

Yildiz Entegre To Open New Wood Processing Factory in Romania

Yildiz Entegre, world’s largest wooden boards manufacturers, has recently announced the opening of a new wood processing factory in Romania, situated in Oarja, Argeș county.

Simplu and Arcese Rent Half of the Former Factory Ruukki in Bolintin-Deal

Detergents and cleaning products manufacturer Simplu and transporter Arcese have rented half of the former construction materials factory Ruukki, situated in Bolintin-Deal, near Bucharest, in the area of A1 Bucharest-Pitesti highway.

Romania Could Face a Severe Crisis of Qualified Personnel

The Romanian economy is heading towards an acute crisis on the workforce market, as the number of employees and the degree of skilled workforce has decreased in the last years.

Continental is Largest Automotive Industry Employer in Romania

German group Continental became the largest employer in automotive industry in Romania, reaching a total of 18,200 employees over the country.

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