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Warehouse Market News

Chinese firm plans USD 30 mln plant investment in Brasov for car parts maker

The company Ningbo HuaXiang Electronic Co Ltd from China, which is active in the cars components field, will invest USD 30 million in Brasov, in a new production hall, which will manufacture spare parts and accessories for German Mercedes cars.

Agricola Bacau has invested EUR 5 mln for production expansion at its plant

Salbac company, part of the Agricola Bacau group, will expand its production capacity for crude-dry salami with almost 1,000 tonnes until 2020, after launching a new production unit on Thursday, following an investments of EUR 5 million.

CTP investments at over EUR 250 million in Romania

CTP’s portfolio of A-class industrial properties exceeds 500,000 square meters in Romania and the company is planning to extend the portfolio to 1 million sqm by 2018. CTP has made local investments worth over EUR 250 million.

Romania’s car market sees highest increase in Europe

Romania’s car market saw an annual growth of 68.6% in August, the highest increase in Europe. Over 12,400 passenger cars were registered in Romania in August, compared to only 7,300 units in the same month last year.

Scandia Sibiu bought cannery in Hunedoara

Scandia Sibiu, one of the largest meat and vegetables cans manufacturers, bought the company Rotina Product, owner of a cannery in Hunedoara, according to official data.

Prodplast Bucharest buys plots and production facilities in Buftea

Prodplast (PPL), a company manufacturing plastic products, controlled by Pogonaru family, will buy plots of land with a total area of more than 34,000 sq. m and production facilities with a total area of more than 17,000 sq. m, shows a stock exchange report.

Zewa to build a factory with EUR 21 million in Prahova

Swedish group Zewa, one of the well-known paper manufacturers worldwide, a giant with EUR 12 billion business and 50,000 employees, plans the development of a factory in Romania, in Păuleşti, Prahova county, a project with a value of nearly EUR 21 million.

FM Logistic to invest EUR 20 million in a warehouse in Dragomireşti

FM Logistic Romania, one of the largest players in logistics and transport sector, invests EUR 20 million in a warehouse of 20,000 sq. m, for drugs, medical equipments and cosmetics.

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