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Warehouse Market News

Polish appointed to run the Danish pipes manufacturer Logstor

A Polish was appointed as administrator of the Danish pipes manufacturer Logstor, according to the Official Gazette in Romania.

Autoliv relocates the factory to an industrial park in Reşiţa and hires another 250 people

Auto parts manufacturer Autoliv Romania, local subsidiary of the Swedish group Autoliv, with global turnover of nearly 9.2 billion dollars and 64,000 employees, will relocate the factory in ReşiÅ£a in a new building within the industrial park ā€žValea Å¢erovei Industrial Zoneā€œ, owned by the cityā€™s local council.

Insolvent Oltchim is on sale after being split into nine pieces of assets

Petrochemical plant Oltchim from Ramnicu Valcea, which is insolvency since January 2013, has been put on sale after being split into nine pieces of assets and the selection process of investors will be closed at the end of this year according to news.ro.

Industrial Barometer made by IRSOP & SNSPA: Low industrial activity

In July, the indicator for the volume of industrial output reached 57 points compared to 56 in June and is now at the level of the average recorded in the last 21 months (57), according to the Industrial Barometer made by IRSOP & SNSPA Management Faculty. The latest value of the indicator reflects a relatively constant increase of only 7 points over the threshold of 50 which separates expansion from contraction.

Prodplast to relocate its production though the acquisitions of the Buftea assets

Prodplast intends to leave Faur platform in order to relocate production on their own property. The company asked its shareholders to approve the acquisitions of certain plots in Buftea for a sum of up to 9 million lei.

Romanian PVC maker Teraplast submits request for state aid worth RON 65.6 mln

The PVC producer Teraplast aims to expand its capacities, therefore it requested a state aid worth RON 65 million to invest in its production capacities. The amount will be used to acquire machineries and for production halls building.

Romanian road freight operators go on Japanese strike

The Romanian road freight operators will go on strike and will drive daily for an hour with 30 km/h all over Romania, until the prices of mandatory RCA insurance premiums will be reduced to RON 4.907/year, says a press release of the National Union of Road Transporters (UNTRR).

DPD Romania invests EUR 1.5 mln in logistics center in Mogosoaia

DPD Romania, one of the largest players on the local parcel and express delivery market, has inaugurated a new logistics center in Mogosoaia, near Bucharest.
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