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Warehouse Market News

Logistics solutions supplier CHEP Romania relocates to Floreasca Tower

CHEP Romania, local subsidiary of the worldwide leader in pallets rental solutions, part of the Brambles group, relocated in the first quarter of this year to the office building Floreasca Tower.

Logistics facilities developers lack workforce for warehouses in Romania

Industrial facilities market in Romania cannot cover the requests from the companies needing logistics warehouses, a situation generated by the lack of available workforce needed for their development, says the representatives of the real estate sector.

Romania’s e-commerce market grows by almost a third

The value of the local e-commerce market reached over EUR 1.8 billion in 2015, up 31% year-on-year.

No investment in Bucharest Ring Road in 2016

Bucharest will not see this year any kilometre for its Ring Road, considering that the works at the missing segments in the northern belt will be completed only in the first quarter of next year.

Swedish cooperative buys former Titan factories and Casa Brutarilor stores in Romania

Swedish cooperative Lantmannen Unibake, controlled by 27,000 Swedish farmers, bought from the Austrian financial group Raiffeisen the retails and bakery operations of GoodMills in Romania (former company Titan), according to ZF sources.

Continental invests EUR 12 million in Timişoara factory expansion

Electronic auto parts factory Continental in Timişoara will invest EUR 12 million in the expansion of its facility with more than 7,000 sq. m. of warehouses, offices and social areas.

Electromontaj Sibiu puts on sale eight properties in Romania, due to losses

Electromontaj Carpaţi Sibiu (ELJA), a company in the field of energy constructions, sapproved the sale of eight properties in Romania, the decision being taken considering the company’s economic-financial situation.

Fiat Chrysler Automobiles is interested in a partnership with Uzina Mecanica Bucuresti

The Fiat Chrysler Automobiles, owner of the Jeep brand, is interested in a partnership with Uzina Mecanica Bucuresti (Bucharest Mechanical Plant, UMB), a subsidiary of the state-owned military technique company ROMARM. A preliminary meeting in this respect took place on Tuesday in Bucharest.

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