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Warehouse Market News

Romania’s industry sales maintain upward trend in July

Romanian industrial sales rose in July from a month earlier, boosted by higher demand in the manufacturing sector, the country’s statistics institute INS said Monday.

Cargus launches new delivery service from EU countries to Romania

Cargus announced on Thursday it will launch a new delivery services for packages sent from European Union member states to Romania, with payment on delivery. The new service include international deliveries with a single coin and a single bill.

P3 agrees €523 million purchase of Czech logistics portfolio to add 627,000 sq. m to pan-European platform

PointPark Properties (P3), the specialist owner, developer and manager of European logistics properties, has agreed to buy 627,000 m2 of logistics warehouses and associated development land in the Czech Republic from two funds advised by Tristan Capital Partners and VGP for €523 million.

Azomures announces EUR 220 mln investments by the end of 2015

Fertilizer producer Azomures will run EUR 220 million investments by the end of 2015 in order to become compliant with upcoming environment regulation which will be enforced starting with 2016.

Pfizer Romania invests USD 4.5 mln in its packaging unit in Cluj-Napoca

Pfizer Romania is expanding its operations in Romania by investing in its packaging site in Cluj Napoca, Ferrosan. The facility was acquired by Pfizer in December 2011 and since then, Ferrosan’s activity focused on packaging of food supplements.

Euro Insol sells MLP Bucharest Sud logistics park for EUR 14.2 mln

Euro Insol has, the liquidator of bankrupt MLP Bucharest Sud, has sold the company’s asset – the MLP Bucharest Sud logistical park – for RON 62.5 million (approximately EUR 14.2 million) to AGI-RRE Hera, according to Mediafax.

Industry businesses grew, in Iasi County

The County of Iasi recorded in the first four months of 2014 an increase of the industry's turnover by 4.1 pct. as compared to the similar period of 2013, while the industrial output grew by 3.5 pct., according to the data released by the National Statistics Institute (INS).

Airbus to produce Super Puma MK1 helicopters in Romania

Airbus Helicopters will produce starting most likely next year Super Puma MK1 helicopters in Romania, at Ghimbav, close to the central city of Brasov.
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