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Warehouse Market News

Largest logistics park in Romania put on sale through European transaction

According to sources in the market, Czech group P3, owned by the American fund TPG is negotiating with the gigantic Singapore fund GIC the sale of its logistics portfolio in eleven countries, including Romania, sources saying that the negotiations could be completed by the end of the year.

Airbus Helicopters opens EUR 52 mln plant in Brasov area for H215 model

Airbus Helicopters, part of the Airbus Group, the commercial aircraft producer, opened on September 13 its first production unit for the H215 helicopter in Ghimbav, near Brasov.

Romania’s car production fell on eight months by 6.5 pct

The car sales grew by 16.1 percent up to 87,447 units in the first 8 months of the year compared with the same period of 2015, while the national cars production registered 240,005 units, down 6.5 percent compared to last year, according to the statistics of the Association of Producers and Importers of Cars (APIA).

Romanian industry’s turnover records first drop in six months

The overall turnover of companies in industry dropped by 3.3% in July this year compared to July 2015.

Romania’s imports and exports go down by over 4%

The exports of Romanian products dropped in July for the first time in the last six months reaching EUR 4.81 billion. Compared to July 2015, the exports were down 4.6%.

Sifi TM Agro opens agriculture logistics hub near Timisoara

Sifi TM Agro has opened a logistics hub for agricultural products at Carani, near Timisoara, as a result of an investment program carried out in the last years.

E-commerce boosts Romania’s postal services market

E-commerce was one of the main factors behind the increase in the parcels traffic both at national level, as well as to international destinations. The postal services market grew by 4.4% to EUR 533 million last year.

Almost 3 km of A3 highway to Bucharest might open this year, says CNADNR head

Almost 3 km of the A3 highway Bucharest-Ploiesti might be open, similar to the road node from Moara Vlasiei, the remaining part of the highway project launched in the Summer of 2012 might be finished.

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