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Warehouse Market News

PGS Sofa & Co buys former Samsung warehouse

PGS Sofa & Co, a furniture manufacturer, bought a 26,000 sqm warehouse in Biharia (Bihor County) for €4.8m.

ABC Data opens distribution hub in Oradea

ABC Data Romania, the local branch of IT product distributing firm with operations in Central and Eastern Europe, has established a distribution point in Oradea, two months after it made its its direct entrance on the Romanian market.

Ambitious transports masterplan until 2020

Among investments there are motorways in Gilau-Bistrita-Dej-Targu Mures perimeter. The EU ask the Government to make clear relevant progress in this respect.

Industrial sales and orders up in February

Romanian industrial sales rose 9 percent in February from the previous month despite a decrease in mining sales, the country’s statistics institute INS said Monday. Manufacturing sales were up 9.4 percent on the month in February, but mining sales dropped 1.7 percent, statistics show.

Holcim and Lafarge merge, forming the biggest cement supplier in the world

Holcim Ltd. and Lafarge SA, whose boards approved a merger to create the world’s biggest cement maker, will be led by the French company’s chief executive officer, Bruno Lafont, said people familiar with the matter, according to Bloomberg.

Continental invests EUR 9.5 M in Timisoara factory

German group Continental will invest EUR 9.5 M in a technical solution for the reduction of odor perception at its tire production facility of Timisoara, with the project due for completion before the end of next year, the company announced.

Limited move to speculative industrial development

International companies are increasingly looking to acquire industrial and logistics premises in Central Europe with the resulting rise in demand in the industrial sector.

Daimler starts EUR 300 mln plant expansion in Romanian subsidiary

Star Transmission, the local subsidiary of German car maker Daimler, has kicked off on Friday expansion works at its transmission assembly plant in Sebes, in a move designed to meet the increased demand on the international market.

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