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Warehouse Market News

Sibiu-Deva highway to open on November 15 at the latest

Premier Victor Ponta stated on Friday in Sibiu that he has talked with the representatives of the company that is building section III of the Sibiu-Orastie highway and that they confirmed that they will respect the deadline so that “ on November 15 at the latest there will be uninterrupted traffic between Sibiu and Deva.”

Exports peak in July with EUR 4.8 billion

Romania exported a record EUR4.8 billion worth of products in July, but the trade deficit for the first seven months was still wider than in the same period a year before, the country’s statistics institute INS said Tuesday.

Holcim completes EUR 6 mln waste co-processing platform expansion in Romania

Construction materials producer Holcim has completed the expansion of the waste co-processing platform in Campulung, in Arges county, following an investment of over EUR 6 million, co-founded by the EU, reports local Wall-street.ro

Symmetrica invests EUR 1.5 mln in new production line for its factory in Bistrita-Nasaud

Romanian pavers and vibropressed borders manufacturer Symmetrica will invest EUR 1.5 million for expanding its plant in Sintereag, Bistrita-Nasaud county, for a new production line.

Flanco rents 5,000 sqm in H. Essers logistics center near Bucharest

IT retailer Flanco rented a surface of 5,000 square meters in the H. Essers logistics center near Bucharest, in order to cut down on the time wasted for supplying its stores. Flanco will save 24 hours on supply, the company announced.

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.

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