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Warehouse Market News

KLG Europe plans EUR 10 mln local warehousing expansion

The Romanian subsidiary of KLG Europe, an integrator of transport and logistics services based in the Netherlands, plans to double its warehousing capacities in Romania next year, in a move designed to accommodate higher demand on the local market.

Schmidt Invested more than EUR 4 Million in a New Truck Centre

The company MHS Truck&Bus, the importer of MAN trucks and MAN and Otokar buses on the local market opened last week a new centre in Bacău, following EUR 4.5 million ivestment.

Moody’s: Domestic macro-economic balance improving, but growth still subdued

In a report published, recently, Moody’s Investors Service says that Romania’s Baa3 government bond rating incorporates the fiscal consolidation achieved over the last two years, but remains constrained by the economy’s subdued recent growth performance and outlook.

Green Vision Seven makes operational Romania’s largest solar farm

The Green Vision Seven company, indirectly controlled by the Chinese provider of photovoltaic panels Hareon, will make operational in the Brasov County, until the end of this year, a solar farm with the power of 82 MW, which will be the biggest unit of this type in Romania, depending on the installed capacity.

Real Estate Valuations, EUR 18 Million Market

The real estate valuation market in Romania will reach EUR 18 million in 2013, the same value as last year, according to Activ Property Services, partner Cushman & Wakefield.

Eurostat: Romania, second in EU in construction works advance in August

Romania in August 2013, compared with August 2012, had the second largest increase of construction works volume in the European Union, 8.9 percent, being outrun only by Hungary, where the construction works registered an annual growth of 14.6 per cent, as show the data presented by the European Office for Statistics (Eurostat).

EC asks Romania and the Czech Republic to adopt national measures on energy efficiency in buildings

The European Commission (EC) has issued a formal request to Romania and the Czech Republic to ensure full compliance with their obligations under EU legislation on energy efficiency in buildings (Directive 2010/31/EU).

ECOSUN Expert launches its first photovoltaic park in Romania

ECOSUN Expert Romania enters into the local market of solar energy production by launching a photovoltaic park, with a capacity of 2.5 MW, in the locality Podu Olt (the Brasov-based Harman commune), following an investment worth some millions of euros, according to a press release.
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