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Warehouse Market News

Sink and furniture manufacturer Kuma Romania to invest EUR 800,000 in production and to expand its exports

Kuma Romania, one of the main local manufacturers of sinks, worktops and furniture for bathrooms and kitchens has ended 2015 with EUR 3.3 million turnover, nearly 10 pct. higher than the precedent year and has in plan a similar growth for this year, investments of EUR 800,000 and the increase of exports.

Dumagas to invest EUR 4 mln this year, sells food transport division

Romanian transport solutions provider Dumagas announced plans to invest EUR 3 to 4 million this year into modernizing the fleet in the area of international transport to tilt, national temperature-controlled distribution and building a more efficient IT and communication infrastructure.

Software company Misys, first tenant of Orhideea Towers in Bucharest, project developed by CA Immo

Investment fund CA Immo has pre-leased an area of 8,000 sq. m of offices in Orhideea Towers building to the financial software company Misys International Financial Systems, being the first tenant of the project developed near the metro station Grozăvești.

Rail Cargo Operator to launch a new service for South-Eastern Europe

Rail Cargo Operator launches a new intermodal rail service for combined unaccompanied transport between Germany and Romania.

Ford invests EUR 200 mln to start producing small SUV model in Romanian plant

American carmaker Ford will invest up to EUR 200 million to start producing a new model in its Romanian factory in Craiova.

Positive annual financial results for Gebrüder Weiss

International transport and logistics company Gebrüder Weiss has registered in 2015 a preliminary turnover of EUR 1.28 billion and a surplus of 3 pct., consolidating therefore its position on several markets and growing sectors.

Carrefour to occupy 10 hectares of warehouses in Romania starting this year

French group Carrefour, second player in food retail business considering its turnover, will reach this year a rented logistics capacity of 10.2 hectares, nearly 55 pct. higher than in present.

Romania’s ten biggest exporters make 17% of all exports

Romania’s ten biggest exporters reach 17% of the total export value while the biggest 500 exporters hold almost three-quarters (74%) of the total, according to the National Statistics Institute – INS’s data, compiled by local Ziarul Financiar.

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