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Warehouse Market News

Bauelemente takes over the precast factory of Lupp Construction in Sibiu

The precast manufacturer Bauelemente took over the assets of the company Lupp Construc­tion România SRL.

Daimler invested EUR 13 million in a new production facility in Romania

Star Transmission, the local division of Daimler group, completed EUR 13 million investment in a new production facility within the company’s factory in Cugir, Alba county.

Arcon gave Hirsch its polystyrene factories in Sfântu-Gheorghe and Bucharest

The Arcon group, an important player in the field of hydro and thermo insulation production in Romania, has assigned its polystyrene factories in Sfântu-Gheorghe and Bucharest to the company Hirsch Porozell, member of the Austrian group Hirsch-Servo. The transaction should be approved by the Concurrence Council.

Real estate investment volume more than doubles in H1 in Romania, says CBRE

Real estate investment volumes increased by 107 percent in Romania in H1 2016 compared to H2 2015, totaling EUR 359 million, according to a CBRE report. This is one of the highest levels reported over the past five years, according to report.

Local council in Cluj invested EUR 9.4 million for the expansion of Tetarom I industrial park

Local council in Cluj will complete in the next period the modernization project and the expansion with 16.8 hectares of the industrial park Tetarom I in Cluj-Napoca, an investment of EUR 9.4 million, 50 pct supported from EU funds.

Adeplast to invest at least EUR 15 million in a new factory in Oradea

Marcel Bărbuț, the owner of the construction materials producer Adeplast will invest EUR 15 milloin for the construction of a new factory within the industrial park in Oradea, following an agreement with the Local Council.

Mammoth Romanian energy group will get EUR 21 mln to modernize plants

Romania’s Energy Ministry has signed two financing agreements worth EUR 21 million with the energy producer Complexul Energetic Oltenia. The aim is to modernize the power plants at Rovinari and Isalnita, said energy minister Victor Grigorescu.

Romania to have 1,000 km of motorways in operation by 2018

The head of the National Company for Motorways and National Roads in Romania (CNADNR), Catalin Homor, says that the country will have roughly 1,000 km of motorways in operation in the first half of 2018, as a lot of the current building projects have been stopped as they lack of the construction permits.

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