Gebrüder Weiss Romania, one of the main players of the local transport and logistics solutions market, announces the completion of the investment in the expansion of the logistics hub in Sibiu. This project required funds of 3.4 million euros, the new area added being already integrated into the company’s operations.
Romania’s real estate market has enough resources to continue developing in 2023. This is thanks to the fact that a 3-4% expansion rate for the local economy is achievable even in the current context, where the conflict in Ukraine and the full effects of monetary policy tightening in the Eurozone and the US have not yet been fully felt, Colliers consultants predict.
The total volume invested in income-producing real estate assets – office, retail, logistics and industrial spaces and hotels – in the Central and Eastern Europe returned to growth last year, a positive evolution mainly driven by the activity recorded in Romania and Slovakia.
Real estate was the most active sector on the local mergers and acquisitions (M&A) market in 2022, with almost 60 of the 157 transactions of over 5 million euros recorded (36%) and with a value of over 1.7 billion euros out of the total estimated market of 6.5-7.5 billion euros (26%), according to a Deloitte Romania analysis.
ELI Parks continues the development of the hub in the Northwest of Bucharest – the Buftea Chitila area – and in the vicinity of the future A0 ring road, with two new projects, ELI Park 4 and ELI Park 3.3, with a total area of 42,000 sqm.
CTPark Bucharest West is just reconfirming its position as a regional logistic hub for the whole Balkans and beyond, by starting its cooperation with LPP, the fastest growing fashion retailer in Romania for its regional distribution center.
In a warehouse, the most important factor is safety, especially for employees, but also for existing assets and systems. We are thus talking about a prevention in terms of accidents that may occur, but also a protection of assets: accidents can cause damage or damage the quality of implemented systems. But what can we do to prevent these events?
The efficiency and constant adaptation of the processes in a warehouse are essential for the smooth operation of the business, which satisfies the needs of customers and workers. Thus, in order to achieve progress and overcome the challenges encountered in the entire logistics center sector, the warehousing and automation industries have come together and found necessary, affordable and adaptable solutions for all warehouses that want to take this step.
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