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Warehouse Market News

Turnover in industry goes down in June, but goes up year on year

The turnover in industry per total local and foreign market went down by 1.6%, in nominal terms, in June, compared to the previous month, but compared to June 2013 it went up by 6.8%, announced on Thursday the National Statistics Institute (INS).

New orders for Romanian industry, up 6.6% in the first semester

New orders for Romania’s industry increased by 6.6% in the first half of 2014 compared to the same period of last year, according to data from the National Statistics Institute (INS).

Swiss tycoon Andreas Zivy to build EUR 40 million export terminal in Constanta harbor

Swiss Andreas Zivy has local business of nearly EUR 800 million from cereals trade, fertilizers production and port operations.

Another thermal power plant for sale in Romania

Insolvency firm Musat & Asociatii-Restructuring & Insolvency, the assigned liquidator for the assets of former state owned power producer Termoelectrica, has put the Borzesti thermal power plant for sale for a starting price of EUR 21.8 million, VAT included.

Helios Phoenix expands Olympian Parks

Helios Phoenix, the sole owner of the Olympian Parks industrial portfolio, announced on Tuesday plans to extend both locations in Brasov and Timisoara with over 20,000 sqm.

Globalworth ventures outside the Capital: invests EUR 35 mln in logistics park in Timisoara

Globalworth, real estate investment company founded by Greek businessman Ioannis Papalekas, bought logistics complex Timisoara Airport Park for EUR 18 million from Invest4SEE.

Immofinanz rental income down slightly in fiscal year 2013-2014

Immofinanz posted rental income of EUR 47.1 million from its properties in Romania, in the fiscal year ended April 30, down 2.3 percent year on year

Romania ranks 3rd in EU by June increase in industrial producer prices

Greece, Sweden and Romania topped European Union rankings in terms of the increase recorded in industrial producer prices compared with the same period of 2013, in the context of a 0.8 per cent drop recorded by this indicator for the Eurozone and the European Union, show data published on Monday by the Statistical Office of the European Union (Eurostat).

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