German auto parts manufacturer Dräxlmaier, with global turnover of 3.7 billion Euros and more than 55,000 employees, including nearly 15,000 working in factories in Romania, is currently undergoing a production expansion process of the production in its factories from Braşov, Hunedoara and Piteşti.
The average hourly labor cost grew by 14.7% in Romania between July and September compared to the same period last year. It was the highest growth in the European Union, according to EU’s statistical office Eurostat.
P3, the specialist owner, developer and manager of European logistics properties, won the prestigious 2016 ‘Best Warehouse Lease of the Year’ at the ninth CIJ Awards Romania, which took place on 8 December 2016. P3 received this distinction following the lease contract signed with the leading European retailer Carrefour for 30,000 m2 at P3 Bucharest park, the largest logistics park in Romania.
CTP, which became last year the largest industrial real estate owner in Romania, bought a quarter of the plot of land near A1 highway (Bolintin Deal area), a plot put on sale by the businessman Nicolae Raţiu.
Industrial output descended in October by 0.3 pct in the European Union (UE) and by 0.1 pct in the Eurozone (EA 19), compared to the previous month, shows data published by the European Statistics Office (Eurostat).
P3, the pan-European specialist owner, developer and manager of logistics properties, has appointed Emilia Bocan as a Senior Leasing & Development Manager in Romania. She will work on all aspects of the leasing and development of the 305,000 m2 P3 Bucharest park, the largest logistics park in Romania, as well as new P3 projects in Romania.
Cereals traffic from Constanta port exceeded during January-November period the registered record of 2015, amounting to 18.51 million tonnes compared with 18.02 million tonnes at the end of November 2015, while the total freight from the Romanian sea ports registered grew by 5.35 percent, according to the National Company of Sea Ports Administration.
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