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Warehouse Market News

Romanian furniture cluster attracts EUR 6.5 mln financing

The first Romanian competitiveness pole in the furniture industry attracted on Tuesday financing worth EUR 6.5 million.

Salesianer Miettex opens a factory in Oradea, after EUR 6 mln investment

Austrian company Salesianer Miettex, active in the field of renting and washing linen for hospitals and hotels, recently opened a factory in Oradea, after a EUR 6 million investment.

EY: Automobile industry in Romania will stabilize this year after major decline

The automobile industry in Romania will stabilize this year after a period of major decline, according to the new report Changing Lanes 2014-15: the automotive C-Suite’s agenda, made by EY Global Automotive Center.

Ford builds engine no. 250,000 in Romania

Ford has built its 250,000 engine at its Craiova plant in Romania, according to a press release from the auto-producer. Engine number 250,000 is a 1.5 litre EcoBoost engine, 180 HP that will be shipped to United States to equip a Fusion model for an American customer.

Volkswagen plans $1.11B van factory in Poland

AG, Europe’s largest automaker, will invest about $1.11 billion in a new factory in Poland to assemble the Crafter van in an effort to make its commercial-vehicle operations more global.

Lidl Buys Former Poiana Plant Of Brasov

German-held retailer Lidl acquired the former sweets plant of Brasov owned by Mondelez Romania, the producer of Poiana chocolate, but plans to sell part of the land plot for the construction of a hotel.

Bilka Steel buys Romlag Brasov. Promises investments of EUR 5 mln

Metalic tile producer Bilka Steel completed the takeover of Romlag Brasov, according to a press-release from the company.

Policolor relocates its Bucharest factory for EUR 6-8 mln

Policolor will relocate its automotive paint factory from Theodor Pallady Boulevard (in the eastern area of Bucharest) to an industrial platform in the western part of the Capital. The project is worth EUR 6-8 million and should be finalized by 2016.

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