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Warehouse Market News

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.

EUR 10 million investment in office project within Tetarom park in Cluj

Transilvania Construcţii, real estate development company controlled by Timofte family, plans to complete by November the fist building of an office project within Tetarom 1 industrial park in Cluj.

Romania’s industrial output, up 1.3 pct. in H1 2016

Romania’s industrial output advanced 1.3 percent in the first six months of 2016 compared with the first six months of 2015, on rising manufacturing production, according to data released on Thursday by the National Statistics Institute (INS).

Albalact Group’s turnover up by 16.94 pct to RON 242 mln in H1

Albalact Group’s turnover grew by 16.94 percent in the first half of this year compared with the same period of 2015 to RON 242 million, while the net profit grew to RON 18.8 million, says the financial report submitted to Bucharest Stock Exchange (BVB).

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