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Warehouse Market News

Moncler completed the construction of a production unit in Romania, following EUR 5 million investments

Italian luxury garment manufacturer Moncler has completed the construction of a production unit in Bacău county, following EUR 5 million investments.

CTP expands with 30,000 sq. m its CTPark Bucharest West logistics park

Logistics and industrial parks developer and operator CTP started the construction of 30,000 sq. m in CTPark Bucharest West, out of which 15,000 sq. m are rented by the Romanian logistics company OTZ.

Second logistics project announced this year by Lidl in Romania: expansion of its centre in Chiajna

German discounter Lidl, present on the local market with nearly 200 stores, will expand with 10,000 sq. m the company’s warehouse in Chiajna, near Bucharest.

2016 brings stricter rules for sustainable buildings certification

2016 will bring major changes regarding worldwide green buildings certification, including Romania, considering that the most popular certification methodologies, BREEAM and LEED, will be updated this year.

Romania reaches 10th place in Europe for car production

Romania’s car production was the 10th-highest in Europe last year, climbing up one position, after Belgium lost four places in the ranking.

Plaza Centers sold the plot in Slatina, Romania, to a logistics developer

Plaza Centers sold the 23,880 sq. m plot in Slatina for the price of EUR 660,000, accordidng to an announcement the company made in London Stock. The company planned the development of a mall of EUR 40 million on the plot of land.

Romania’s M&A market grows 23 pct to USD 3.65 bln in 2015

Although there were fewer transactions on the M&A market in Romania last year, the market saw a strong advance of 23 percent, according to a study by EY Romania. The 123 transactions which took place in 2015 amounted to some USD 3.65 billion, with a median value of USD 100 million per transaction.

Wind Speed invests EUR 1.8 mln in Brasov county warehouse

Romanian transport and logistics company Wind Speed invested EUR 1.8 million into the opening of a controlled temperature warehouse in Victoria, Brasov county, its representatives announce. With this investment the company hopes for an increase of EUR 1.5 million per year in turnover.

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