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Warehouse Market News

British group with businesses exceeding ERU 100 million to open a factory in Bihor, Romania

Flying Trade Group, a food industry group from Great Britain, also active in the hotel and restaurants segment, intends to get state aid of EUR 6.8 million for the opening of a factory in Bihor county, aiming to recruit 244 people.

Great Britain, fifth export destination for Romania

Great Britain was the fifth export destination for Romania in the first quarter of this year, with total exports of EUR 650 million, up 15.3% compared to the same period of the year.

Romania’s construction market increases by 10% in 2015

The local construction market increased by 10% in 2015 over the previous year, reaching EUR 16.4 billion, according to Gabriel Colobatiu, president of the Precast Concrete Manufacturers Association (Prefbeton).

Industrial Barometer: Romanian firms report drop in stocks

In April the indicator for the production volume of Romanian firms dropped to 61 points compared with 69 in March. In May, it dropped with one more point, reaching 60, with three points over the average of the 19 months, according to the Industrial Barometer.

P3 expands marketing team to support business growth

P3, one of the leading pan-European logistics real estate owners, developers and asset managers, has reinforced its corporate marketing team in order to enhance future expansion plans, which will include significant growth inWestern Europe. The appointment of Kordula Kiefer-Kempf follows the recent recruitment of JulieSvárovská and Adam Foks together with the promotion of Hynek Bartík to Group PR & Marketing Director.

Arab group builds oil recycling plant in Romania with EUR 56 mln

The group Chemie-Tech DMCC from the United Arab Emirates will invest EUR 56 million in a plant that recycles the oil used in the automotive industry. The plant will be located in Oltenita, Calarasi County.

Gefco registered 23 pct turnover increase last year

Gefco Romania, local branch of the transport and logistics group Gefco, ended 2015 with EUR 64 million tunrnover, with 23 pct growth compared to 2014, thus registering the largest turnover growth rate in the last five years.

A third of the employees of the top 100 companies in Romania work in automotive industry

One in three employees of the top 100 largest employers in the economy works for a company in the automotive industry.

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