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Warehouse Market News

Interbrands, part of Orbico Group, will start an extensive automation process in the rented space within P3 Bucharest A1

P3 Logistic Parks (“P3”) has signed a lease agreement with Interbrands Marketing & Distribution for 24,830 square meters of logistics and office space in the P3 Bucharest A1 park. Interbrands has been a customer of the park since 2006 and has decided to move to a larger warehouse that can accommodate Orbico Group's expansion for operations in Romania. On this occasion, Interbrands also begins the implementation of an extensive logistics automation project in the new warehouse.

Danfoss factory in Popești-Leordeni, put up for sale for 5 million euros

The Danish group Danfoss relocated its production from Popești-Leordeni to Poland, and the real estate assets from Popești-Leordeni were put up for sale at a price of about 5 million euros.

Romanian furniture retailer Mobilier1.ro rents 2,000 sq m space from Urbano Parks

Romanian real estate investment group Urbano Parks said on Tuesday it has leased out a 2,000 sq m warehouse space to local furniture retailer Mobilier1.ro.

CTP brings ambitious Business Development Manager in Transylvania to double its portfolio in the region

CTP is extending its business development team with Ms. Emilia Tepes joining the team. Emilia will take charge of CTP´s Transylvania business development activity.

Dentotal Protect inaugurated the new logistics center within Eli Park Chitila

Dentotal Protect has inaugurated a 2500 sq m warehouse in the new Eli Park Chitila location. The company has invested over 400,000 Euros in logistics.

Start for the natural gas market liberalization on 1 July 2020

Following an infringement procedure, Romania has established and transmitted to the European Commission a timetable for the liberalization of the natural gas market. Thus, starting with 1 July 2020, the prices for the supply of natural gas to domestic customers will no longer be regulated by the National Energy Regulatory Authority (ANRE).

The role and activity of the Energy Manager within the economic organization

Through this article, we intend to bring to your attention the role of an Energy Manager within an economic agent, from the perspective of our experience gained over time through activities, energy analysis, audits at TimePal Romania, a company providing authorized energy services.

Sameday lease 2,300 sq m in VGP Park Timisoara, amid fast growing courier market

The market of industrial spaces continues to develop in the western part of the country, after the stock has doubled in the last 10 years, becoming the second largest market after Bucharest, according to CBRE data.

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