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Warehouse Market News

Romania’s Constanta Port to be expanded and modernized with EUR 600 mln

Romania’s Constanta Port will be expanded and modernized with almost EUR 600 million. A first draft of the development plan is already available for public debate, reports local Digi24.

INS: Prices of industrial production, down by 0.1% in November

The prices of industrial production in Romania decreased overall by 0.1% in November 2014 compared to the previous month, on the domestic market and on the foreign one having been lower by 0.2% and 0.1% respectively, the National Institute of Statistics (INS) announced on Tuesday.

The Advisers/Knight Frank: Significant evolution for the industrial and logistics sector

In 2014, the real estate market activity was overall more intense compared to the previous year, a proof being the investment volume which reached approx. EUR 800 million in 2014.

DeLonghi to hire 170 people for its Jucu factory in Cluj county

Electrical appliance producer DeLonghi is planning on hiring 170 people for its factory in Jucu, Cluj county. For this purpose, the Italian company will hold a recruitment session on Wednesday.

The movements of 2014 in constructions: the French go away, the Asians come, the Swedes expand, the Germans consolidate

The sector of construction materials, still far from the years of boom, is still on the map of investors, the most important events of 2014 being the fusion of Holcim-Lafarge, the coming of a fund from Hong-Kong, two other factories in the Somaco portfolio and the acquisition of Gealan by VEKA.

eMAG.ro expands into Poland

South-African group Naspers has decided to extend eMAG.ro’s sales platform into Poland. Dante International will be taking over Agito, one of Poland’s biggest online stores.

Romania ranks 4th in Central and Eastern Europe based on volume of real-estate transactions in 2014

The value of real-estate transactions registered in Romania in 2014 puts the country on 4th place in Central and Eastern Europe, behind Poland, Russia and the Czech Republic, according to CBRE reports.

General Electric mulls Ploiesti factory expansion

American giant General Electric (GE) is considering expanding its oil industry equipment factory in Ploiesti to include off-shore drilling equipment, a company official said in a press release on Tuesday, picked up by Mediafax.

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