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Warehouse Market News

KLG Europe Logistics Romania will invest EUR 5.6 mln in extending its central hub near Bucharest

KLG Europe Logistics Romania will invest EUR 5.6 million in an expansion for its central hub logistics platform, located in Bolintin-Deal, Giurgiu county.

Bosch opens new factory in Cluj on May 9

Bosch scheduled a new factory opening in the Cluj county on May 9, tying it to Europe’s day. It is already the recipient of an ‘Automotive Electronics Speed Award’ for the record time in which it was built, according to a press release of the group.

Romania to exempt heavy industry from green energy costs

Romania plans to exempt large industrial energy users from paying up to 60% of their renewable energy costs for 10 years, the economy ministry said on Thursday (17 April), hoping to avoid the threat of job cuts in an election year.

State signs contract for two sections of the Sebes-Turda highway

Romania’s national roads authority CNADNR Thursday signed the contracts to build the third and fourth sections of the Sebes-Turda highway, which had been awarded in December 2013.

Big supermarket chains expanded their storage facilities on 50 ha

Largest 12 food retail networks realized in Romania, with more than 1,200 stores and annual sales of approx. EUR 8 billion, occupy at local level warehouses more than 500,000 sq.m, according to data centralized by ZF from the companies.

Holcim/Lafarge merger might result in USD 1 billion profit from selling assets

Once Holcim Ltd. and Lafarge SA start shedding assets across the world to complete their USD 40 billion merger, cement producers from Europe to the U.S. are likely to start lining up with offers, writes Bloomberg.

Prahova – the county with most of the industrial parks in the country?

Prahova has been traditionally a strongly industrialized region and the closure after the Revolution of large factories and refineries was compensated over time by attracting new investments.

CBRE: Romania’s commercial real estate investment volume up 256 pct in Q1 2014

Romania’s total commercial real estate investment volume reached EUR 302.7 million in Q4 of 2014, up 256 percent y-o-y, albeit from a low base, according to a CBRE report.

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