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Warehouse Market News

Cargus invested EUR 300,000 to relocate its activity to approx. 5,000 sq. m new space

Cargus, one of the most important internal courier companies in Romania has relocated its headquarters from Otopeni in Tunari area, following its local activity expansion.

Industrial production’s prices up 1.2 pc in April

The industrial production’s prices of Romania have increased in April as compared to March 2014 by 1.2 percent per total, prices going up being reported both on the domestic and external market by 1.7 percent and 0.1 percent, respectively, according to data released yesterday by the National Institute of Statistics.

Ikea to expand Polish investment

The Swedish furniture giant Inter Ikea told the daily Puls Biznesu that since it expects its global sales to rise to €50bn within the next six years, the company will be expanding its warehouse requirements on the European market.

CTP considering sale of Czech portfolio?

CTP is reportedly considering selling at least a portion of its €1.6bn industrial portfolio in the Czech Republic.

The Road Authority auctions feasibility studies for 430 km of highway

Romania’s National Road Authority will accept in July offers for feasibility studies necessary to start construction on 430 kilometers of highway, with a total value of EUR 41 million. At the start of the month, the authority launched similar procedures for 1,000 kilometers of highway.

Slovakia and Hungary make Apollo Tyres short list

Slovakia is on the short list for a planned investment Apollo Tyre is preparing.

Vamar extends 11,000 sqm lease at ALP

Vamar International renegotiated its lease at Airport Logistic Park (ALP) in Kněževes.

CNADNR: 100 kilometers of highway to be completed this year

The National Road Authority (CNADNR) estimates that 100 kilometers of highway will be completed this year at the most, according to Horia Nicolae, director for Projects.

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