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Warehouse Market News

Yazaki to invest EUR 24 M in new auto parts plant in Braila

An auto parts plant representing an investment of EUR 24 M and generating 1,500 jobs will open in Braila halfway through next year, the investment being made by Japan’s Yazaki and Belgium developer Warehouses DePauw (WDP).

New industrial orders increased by 6.2% in the first ten months of 2014

New industrial orders increased by 6.2% in nominal terms, in the first ten months of 2014, compared to the same period in 2013, and in October these went down by 4.1% nominally from September, and by 1.4% compared to October 2013, show the provisional data released on Monday by the National Statistics Institute (INS).

6th largest car part manufacturer in the world to open a plant in Valcea

Dumitru Cornoiu, prefect for Valcea county, announced on Monday for Agerpres that a multinational company in the car parts industry will build a new production plant in Ostroveni industrial park next year, thus creating 1,500 new jobs, writes economica.net.

Section 1 of Nadlac-Arad Highway to be inaugurated by year’s end

The 22-km Section 1 of the Nadlac-Arad Highway will open to traffic by the end of this year, earlier than the January 21 deadline established through the contract. “According to the data so far and the constructor’s commitments, the highway section will be ready in December,” sources from the leadership of the Transport Ministry stated.

Elster leases 7,000 sqm in Globalworth’s Timisoara Airport Park

Elster Rometrics, part of German group Elster, has leased 7,000 sqm in the Timisoara Airport Park industrial park owned by Globalworth, according to Mediafax. Globalworth is investing EUR 5 million in the 7,000 sqm which will be delivered in the third quarter of 2015.

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).

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