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Warehouse Market News

Romanian auto market growth, 3rd highest in EU in first two months

The Romanian auto market registered significant growth in the first two months this year, the number of new car sales registering a growth of 24.3 percent, in contrast to the 10.1 percent growth registered in Europe (EU plus EFTA), the data published on Wednesday by the European Automobile Manufacturers’ Association (ACEA) show.

Kaufland to build its third warehouse in Romania

The hypermarket network Kauf­land, the leader of the local market, will build its third logistics warehouse in Romania, in Moldova region, serving for the stores in Eastern Romania and those in the Republic of Moldova, a market where the company will enter starting 2018.

Helios Phoenix expands its industrial park Olympian Park in Brasov with 10,000 sq. m

Helios Phoenix, the developer and owner of the logistics park network Olympian Park, has announced the expansion with 10,000 sq. m of the park in Brasov, situated in the village of Cristian.

Romania has second largest decline in industrial production in the EU

Romania, Malta, and Finland recorded the most significant industrial production declines in the European Union in January compared to the previous month.

Renault Romania and Dacia have new general director

Yves Caracatzanis will be the new general director of the Renault Romania group and Dacia, replacing Nicolas Maure, who will become the president of Avtovaz, Russia, a press release by the company announces.

Romania’s industry turnover and new orders go down

Romania’s industry turnover declined by 1.7% in January 2016 compared to the same month of 2015, according to the National Statistics Institute (INS).

AEW undertakes €420m refinancing of LOGISTIS French Portfolio with ING Real Estate Finance

AEW Europe, on behalf of its LOGISTIS Fund, announces that it has refinanced the French Portfolio of LOGISTIS with ING Real Estate Finance acting as Sole Underwriter and Facility Agent, for a total facility amount of €420 million.

Dutch company Prolyte opens new aluminium structures factory in Romania

Dutch group Prolyte has opened a new factory in Romania, in Olt county. The factory will produce light aluminium structures for public events.

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