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Warehouse Market News

DPD Romania opens new warehouse in Sibiu

DPD Romania, one of the most important players in the local parcel and express delivery market, has opened a new warehouse and hub in Sibiu, following a EUR 1 million investment.

Lidl opens fourth logistics center in Romania with EUR 20 mln

German retailer Lidl will open its fourth logistics center in Romania, in the western town of Lugoj, which will help the company optimize its logistics processes.

Romanian cable manufacturer Romcab doubles profit

Romanian cable manufacturer Romcab Targu Mures recorded a net profit of EUR 8.7 million in the first nine months of the year, double the profit recorded in the same period last year.

Bell Helicopter signs Memorandum of Understanding with IAR - Ghimbav Brasov

Bell Helicopter, a Textron Inc. (NYSE: TXT) company, is pleased to announce the signing of a Memorandum of Understanding with IAR - Ghimbav Brasov Group, a leading company in the Romanian defence and aerospace industry, the company informs in a press release sent to ACTMedia.

Romania’s Automobile Dacia records highest growth in the last three years

Romanian car producer Automobile Dacia increased its turnover by 7% in the first half of the year, although its total production dropped by 4% during this period, reports local Ziarul Financiar.

Albalact Group’s consolidated revenue up by 17pct. to RON 366.9 mln in the first nine months

Albalact Group, part of the Lactalis, the international dairy group, closes the third quarter of the year with a growth of 17.29 percent in the net revenue, to RON 366.98 million, compared to the one registered in the same period of 2015.

Romanian economy might be ready to adopt euro in 13 years, says study

The country needs another 13 years before attempting to join the Euro zone based on the average growth rhythm of the last 15 years, according to a new study coordinated by Daniel Daianu, member of the administration board at the National Bank of Romania.

An executive from the logistics sector invests 0.5 mil. € in furniture showroom in Bucharest

Tolga Oran, sales and marketing director for the transport and logistics company Gefco in the region of Germany, Central Europe, Balkans and Middle East, has invested EUR 0.5 million in a furniture showroom in Bucharest, TORO Design.

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