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Warehouse Market News

Fabryo-Atlas Paints to build a mortar factory in Popesti-Leordeni

Early this year, paint producer Fabryo-Atlas Paints has started a construction for a mortar factory on the platform it owns in Popesti-Leordeni, Ilfov county, according to Mediafax. The new production unit should become operational in October.

Bistrita Sud Industrial Park could be inaugurated in the end of 2014

The first companies to occupy spaces in this location are local companies, which will benefit from the advantages of investing in the future park: modern utilities, local tax exemptions, the possibility to access non-reimbursable funds or State aids.

Romanian industrial companies will get EUR 750 mln facilities on energy bills

The largest industrial energy consumers in Romania will get a ten-year facility for green certificate acquisition, which will save them costs worth about EUR 750 million, the Government has decided.

Norwegian money to support green companies and technologies in Romania

A Norway grant scheme will offer non-reimbursable funding between EUR 65,000 and EUR 1.5 million for 34 projects under the Green Innovation program in Romania.

Eurostat: Romania sees EU's lowest decline in industrial production in April

Industrial production in the European Union (EU28) rose by 0.7 percent in April 2014 compared to March 2014, but Romania is in the group of EU member states that recorded a decline in industrial production, according to the data published on Thursday by the European Statistical Office (Eurostat).

GSK to close down Romanian plant

UK-based GlaxoSmithKline (GSK), the drugsmaker, said on Thursday it would shut off its Europharm plant in Brasov by the end of 2015 and transfer the production in Poland and Spain, reports Mediafax newswire.

Cargus rented 5,000 sq. m of offices and warehouses

The courier company Cargus, with business of EUR 26 million last year, has rented offices and warehouses on 5,000 sq. m from the logistics and transportation company Triton International Cargo, according to the real estate consultant DTZ Echinox, which represented the landlord in the transaction.

Cefin Industrial Park in Arad put on sale for EUR 26 mln debts

The industrial park built in Arad (western Romania) in 2011 by Italian group Cefin has been put up for sale through direct negotiation by the legal administrator of the real estate developer which went insolvent in 2013 for debts of 114 million lei (EUR 26 million), mostly owed to Volksbank, writes Mediafax.

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