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Warehouse Market News

DPD opens distribution center at Immopark Žilina

Erste Group Immorent completed the first warehouse at its Immopark logistic park just outside the city of Žilina, Slovakia.

Accolade, Panattoni to invest EUR 400 million into industrial parks

Accolade and Panattoni Europe plan to invest EUR 400 million into the development of industrial parks over the next five years. The companies have already partnered on the development of projects worth EUR 54 million for tenants like KION Group, Linde, Steelcase, Ideal Automotive and Facea.

Industrial production prices, decreasing

The industrial production prices in Romania have decreased in October with 0.4 pct. compared to September and they stalled compared to the same month of last year, according to data from the National Institute of Statistics (INS).

Main industry sectors in Romania that generate losses

Development and real estate consultancy, as well as ferrous and nonferrous metal processing are the main sectors that generate losses in Romania, while oil and gas extraction and trade are the most profitable ones, according to a study conducted by CIT Restructuring, cited by local Mediafax.

Arad county, largest industrial production in first semester

Industrial production in Arad county increased in the first half of the year with 26.9 pct, much above the average growth nationwide, of 9.1 pct, according to data from the Institute of Statistics.

EBRD lends EUR 23 million to Eti to finance Craiova plant

The European Bank for Reconstruction and Development EBRD will grant a EUR 23 million loan to Turkish company Eti to co-finance the construction of a biscuit and cookie factory in Craiova, the lender announced.

SuperPuma MK1 helicopter to be built on IAR Brasov land in Romania, in a new production facility

The shareholders of IAR Brasov (IARV), the state-owned Romanian aerospace manufacturer, decided to offer Vadstena, a company registered in Romania by global helicopter manufacturer Airbus Helicopters, a piece of land of over 12,000 sqm, needed to develop the SuperPuma MK1 helicopter project, according to a report sent to the Bucharest Stock Exchange (BVB), cited by local Economica.net.

KLG Romania invested EUR 5.6 million in expanding its logistic centre near Bucharest

KLG Europe Logistics Romania ended the second phase of the expansion of the logistic centre in Bucharest, following EUR 5.6 million investments.
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