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Warehouse Market News

Daimler opens the EUR 300 mln factory in Romania

German group Daimler will officially inaugurate its new gearbox factory in Sebes, central Romania, on April 4.

Ecopaper Zărnești gets EUR 5 million loan from UniCredit Bank to complete investment

The manufacturer of paper for corrugated board Ecopaper Zarnesti, controlled by the businessman Vladimir Cohn, will access a loan of 5 million Euros from UniCredit Bank, to complete the investment in manufacturing equipment.

Logistics company UPS appoints new country manager for Romania

US logistics company UPS has appointed Irishman Jim Kearney as country manager for Hungary, Romania, and Greece.

Romanian manufacturer Symmetrica sees 17 pct increase in 2015

Symmetrica, Romanian producer of paving and vibro-pressed curbstones, registered a 17 percent increase in turnover, reaching RON 87 million (EUR 19.5 million), according to a company press release. Additionally, in 2015 Symmetrica opened a new production line after an investment of approximately EUR 1.5 million.

Romanian steel producer invests EUR 10 mln in new production lines

Steel producer Proinvest Group Pascani has started a greenfield project in 2015 for producing several types of sandwich panels. The investment totals EUR 10 million.

Zacaria Group invests EUR 20 million in a new residential project in Bucharest

Real estate developer Zacaria Group enters the Romanian residential market with an investment of EUR 20 million in a project which includes 280 units situated in northern Bucharest.

Gorenje could expand production to Romania

Slovene home appliances manufacturer Gorenje is considering expanding its production and the Romanian market is also considered for a new factory, says Damir Drazetic, general manager of operations in Romania.

A factory in Vâlcea, Romania, manufactures kitchen furniture of EUR 1.5 million

The Romanian company Lucky Man SRL, controlled by Ionescu family, had in2014 a turnover of EUR 1.1 million and 10 pct. increase last year.

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