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Warehouse Market News

Top real estate consultants compete on EUR 30 million market in Romania

The real estate consultancy market in Romania, where nearly ten local and international top companies are active, is estimated at approx. EUR 30 million and the consultants expect growth, considering the large office transactions registered only in the beginning of this year, as a sequel of those of 2015.

Meat producer Kosarom in Paşcani to send 20 pct of its production to export

„It is a more difficult period because the purchase power in Romania is smaller compared to the level in other countries, but we are lucky to have export to Germany, Great Britain, The Netherlands, Spain and Italy. Exports are growing“, said Neculai Apostol, founder and development and strategy director of a group of companies with more than 1,100 employees.

MTR Press relaunches the Real Estate Magazine

MTR Press relaunched the Real Estate Magazine in the print version. The magazine can be found in the press and distribution network Inmedio. The first number has a distribution of 12.000 copies, 148 pages, covering all the domains and subjects of interest in the real estate market and the related industries

German car parts producer ups its production capacity in Romania

German car parts producer Draexlmaier has attracted a financing of EUR 40 million from the European Bank for Reconstruction and Development (EBRD) through an issue of hybrid bonds.

British expat replaces Romanian as manager of Dacia’s logistic division

Brit Graham Lawrence Aylett is the new manager of carmaker Dacia’s logistic division in Romania. He has replaced Romanian Stefan Gaibu, who was promoted on an executive position in Renault group’s European logistic division, headquartered in France.

Fornetti factory in Timişoara exports half of its production

Fornetti Romania, a company owning the largest pastry network locally, sold last year outside borders pastry products of EUR 14 million, representing 47 pct. of the company’s business last year.

Romania, a strategic location for Nokia

Romania is a strategic location for Nokia and local market operations will not be affected by the restructuring taking place at global level after Nokia’s takeover of Alcatel-Lucent, Nokia Romania General Manager Raoul Ros assured on Tuesday.

Rockwell Automation expands with offices at Bucharest and Budapest

Rockwell Automation, the world's largest company dedicated to industrial automation and information, expands its business in East and Central Europe and has opened two new offices in Bucharest, Romania and Budapest, Hungary.
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