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Warehouse Market News

Glass products maker Stirom sold by Greek owner to BA Vidro

The glass articles manufacturer Stirom was sold by its Greek owner to the Portuguese group BA Vidro for an undisclosed sum.

Government approves additional investments of at least EUR 130 million at Ford Craiova until 2019

The government approved the extension of manufacture of automobiles and engines assumed by Ford Romania to December 31 2025. Until the end of 2019, Ford will make at Craiova an investment of at least 130 million euros.

Romania's Centre Region have reported exports in excess of 3.4 billion Euros in the first five months of 2016

The counties making up Romania's Centre Region have reported exports in excess of 3.4 billion euros in the first five months of 2016, up 8.1 percent from the first five months of the year before, according to data released on Wednesday by the Alba Regional Statistics Office.

Swiss group Sika could open new factory in Romania

Sika Romania, one of the main producers of chemical construction materials in Romania, considers investing in its third factory in Romania.

Industrial producer prices in Romania decline 0.3pct in Aug. 2016

Industrial producer prices in Romania declined 0.3 percent in August 2016 on a monthly basis and 1.9 percent y-o-y, according to data released by the National Statistics Institute (INS) on Tuesday.

P3 Logistic Parks announces EUR 1.4 billion refinancing deal

Developers and European logistic property managers P3 Logistic Parks announced the closing of the long-term refinancing process valued at EUR 1.4 billion agreed with a group of international institutions.

Belgian investor wants to produce EUR 5,000 electric car in Romania

The first low-cost electric car 100% made in Romania will have a price of EUR 5,000 and will be produced in Arges county, reports local Digi24. A first model of the electric car was presented at the opening of the 2016 Clujotronic festival of digital arts, organized in Cluj-Napoca last week.

Pirelli plans new investments in tire factory in Romania

Italian tire producer Pirelli plans to open a bicycle tire factory in Romania, said Pirelli CEO Marco Tronchetti Provera.

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