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Warehouse Market News

95 km of highway planned in Romania this year

The national road authority in Romania intends to open this year 95 km of highway, with a budget of 4.23 billion lei, similar to the one in 2015.

AdePlast hopes for two-digit turnover growth in 2016

AdePlast, Romanian producer of construction materials, casts a hopeful eye to 2016, after registering a 5 percent growth across all production divisions in 2015, shows a company press release.

Nokia returns to Romania after four years

Finland’s Nokia Group has returned to Romania. Starting in mid-January, Nokia’s logo has replaced the logo of France’s Alcatel in Timisoara. The Finnish company will not build another plant but will operate in our country as a result of its merger with France’s Alcatel-Lucent.

German group buys locomotives from Romanian producer

Romanian company Softronic, the Craiova-based producer of electric locomotives and frames, sold two locomotives to German group DB Schenker in December 2015.

Auto vehicle sales up, production down in Romania

The auto vehicle sales rose by 20.2% in Romania last year, reaching 120,591 units. However, the domestic car production was slightly lower compared to 2014.

P3 appoints Blake Horsley as country head for Romania

P3, owner, developer and manager of European logistics properties, has appointed Blake Horsley as country head for Romania, company representatives inform. He will oversee the company’s expansion in Romania, the company seeing great potential in the local market due to its growing importance in Europe’s manufacturing supply chain.

Romania’s national railway freight operator plans 76 million lei investments

Romania’s national railway freight operator CFR Marfa plans investments of 76 million lei in 2016, according to its draft budget published on the Transport Ministry’s website.

Modern retail networks in Romania reached 75 ha of logistics warehouses

Fast expansion of the retail networks in Romania reached a total of 1,700 hypermarkets and supermarkets, demanding an optimization of the logistics platforms.

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