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Warehouse Market News

Greek group wants to invest EUR 15-20 mln in Romanian dairy plant

Greek group Olympus, which owns a local dairy plant in Halchiu, Brasov county, plans to invest EUR 15-20 million in the next two years in the factory, reports local Ziarul Financiar.

Romania bans trucks from seaside highway during summer weekends

Romania’s national highways company CNADNR has decided that vehicles over 3.5 tons won’t be allowed on the A2 highway on Fridays, Saturdays, and Sundays, from July 1 until August 31.

Italian espresso machine factory in Romania ups turnover by 60%

Italian group De’Longhi’s Romanian subsidiary, which produces espresso machines at a factory near Cluj-Napoca, reached a turnover of EUR 111 million last year, up 57% year-on-year, three years after starting the production.

Renault has invested EUR 2.4 bln in Romania, plans to continue

Car maker Renault has invested EUR 2.4 billion in Romania until now and there are already new investments planned for the following years for the modernization and renewal of the products range, said on Thursday the Dacia GM, Yves Caracatzanis, according to Agerpres.

One in five graduates in Romania is specialized in manufacturing, engineering and constructions, says Eurostat

Almost 5 million tertiary education students graduated in the European Union (EU) in 2014, out of which 58 percent were women and 42 percent men, according to Eurostat, the statistical office of the European Union.

Wilo Romania invests in warehouse near Bucharest

Local branch of the German pumps and pumping systems manufacturer Wilo SE plans the expansion of its activity in Romania with a warehouse, an office buildings and a workshop facility.

CTP plans to triple by 2018 the logistics area in Romania, up to more than 1 million sqm

Dutch CTP, one of the largest developers and owners of logistics spaces in Romania, plans to exceed the milestone of 1 million square metres logistics spaces in the following two years, which means to triple the current area locally.

Romanian Kosarom SA Meat Processor Eyes Higher Exports to EU

Romanian pork meat processor Kosarom SA is aiming to expand its export sales to the EU to 20 per cent of the company’s total sales to compensate for the relatively low purchasing power of Romanians, according to senior company representatives quoted by thepigsite.com.

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