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Warehouse Market News

Eurostat: Romania ranks among first EU countries for high industrial production costs in December

Industrial production costs dropped by 0.8% in the euro zone and by 0.6% in EU in December 2013 compared to the same period of 2012. However Romania ranks among member states where those prices recorded the highest increases, according to data published by the European Statistics Office (Eurostat).

Industrial leasing activity up 82 pct in 2013 in Romania

Over 250,000 sqm of industrial space were leased in 2013, up 82 percent compared to the previous year but 3 percent below 2011 levels, according to CBRE Romania. Most of this (58 percent) was leased in Bucharest while the remaining 42 percent concentrated in major cities like Timisoara, Arad, Iasi, Brasov and Ploiesti.

Spanish car parts producer Antolin to build a factory in Sibiu

Grupo Antolin from Spain, producer of lighting parts for cars in Sibiu, Romania, will expand this year its operations in Romania through Greenfield investment, with a new factory on 13,000 sq. m near the existing unit.

Cargill put on sale the land and constructions in Podari

Cargill Oils, part of Cargill group, will put on sale the land and constructions of the former oil factory in Podari, Cluj district, following the selling last year of the equipments and trademarks.

Rus-Savitar invested EUR 5 million in their factory

The furniture manufacturer Rus-Savitar, owned by Rusu family, completed an investment exceeding EUR 5 million in the extension and rehabilitation of the furniture factory in Dudeştii Noi, Timiş county.

Romania, possible location for hydraulic cylinder plant

Parker Hannifin Manufacturing British company could build in Romania, in Cluj-Napoca Municipality (central-western Romania), a hydraulic cylinder plant. Company representatives are going to this area, where they will meet the County Council leadership and pay a visit to the technology park in the city, as well as the Tetrarom Industrial Park of Jucu Commune, Agerpres reports.

CE Oltenia borrows EUR 193 M to modernize production group

James Hyslop, Director in EBRD, says the energy group will be one of the most modern and efficient in Southeastern Europe.

Jaeggi Industries invests EUR 20 M at Sibiu

Swiss producer of electronic appliances components Jaeggi Industries is to invest about EUR 20 million in a production unit in Cristian town, Sibiu County, reports zf.ro.

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