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Warehouse Market News

Ford interrupts operations at Craiova plant in March and April

Ford will interrupt the operations at its Craiova-based plant for several days in March and April. Only the section of Vehicle Operations will be affected, as the measure will not apply to the section that manufactures the Ecoboost engines, Ford officials announced, quoted by antena3.ro.

Dr. Oetker bought a plot of land for new factory in Argeş

Dr. Oetker, the biggest producer of food additives, will build a new factory in the village Valea Iaşului (Argeş district), as last year bought 14 ha plot of land situated in the vicinity of the current production unit.

Buyers of pump maker Aversa accuse the State of interference

Investors who bought pump manufacturer Aversa said they plan to invest EUR15 million in a new production facility in capital city Bucharest, but argued their investment plans are hindered by a lawsuit filed by Romania’s privatization authority AAAS.

Romania’s big industry reaches ‘critical point’ over energy costs

Representatives of big industrial consumers warned the liberalization of the energy markets and the renewable subsidies have built up their costs to unsustainable levels, which may result into industrial relocations and job losses in Romania. They are seeking exemptions from paying green taxes and are calling for a transition period on energy costs deregulation.

Ford moves Fiesta production to Craiova

Ford will produce their Fiesta line in Craiova, starting with 2017, after the American group will move part of their assembly line to the Romanian factory from Cologne, Germany. The move is motivated by the massive losses the company supported in Europe, after the sales dropped, Bild writes quoting Ford sources.

Real Estate Acquisitions Trends in 2014 in Romania

The largest real estate transaction in 2013 was the acquisition of the commercial centre City Park Constanta by New Europe Property Investors (NEPI) in the last quarter of last year. The total value of the transactions with commercial centres, offices and industrial facilities is estimated to EUR 330 million.

JLL: Tendinte pe piata spatiilor industriale

Doua proiecte industriale importante au fost inaugurate oficial in trimestrul 4 din 2013 in Romania. In octombrie 2013, Coficab a deschis o unitate de productie de cabluri electrice destinate industriei auto, de 11.000 de m2 in Ploiesti West Park.

Industrial production advances 7.8 pc as gross series in 2013

Industrial production has grown last year by 7.8 per cent as gross series and by 7.1 per cent as series adjusted by number of working days and seasonality, compared to 2012, according to data released yesterday by the National Institute of Statistics (INS).
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