Romania is the fifth most attractive manufacturing market in Europe and was ranked 12th globally, according to the Manufacturing Risk Index 2019 study, conducted by the Cushman & Wakefield real estate consultancy company.
Dedeman Group and Element Industrial announce entering into a partnership to jointly invest in the development of ELI PARK 1 logistic and industrial project, located in Chitila-Buftea area, which is transforming in a new proximity logistic hub for Bucharest.
The volume of first quarter (Q1) investments was 117.5 million euros, standing at a similar level to Hungary, where 123 million euros were recorded, according to CBRE data.
Element Industrial announces the development of a 60,000 sqm logistics park in Craiova, a total investment of 35 million EUR. The company will build the industrial project on an 11-hectare plot of land, near the Ford factory and the south ring road of the city, with direct access to the E70. The intention of the developer is to deliver ELI PARK Craiova in three phases, a large-scale logistics park designated to serve the southwestern part of the country.
The Romanian industrial and logistics market has grown remarkably, in as far as the intensity of both developments and national freight transport is concerned. According to the real estate consultancy company Colliers International, the most active logistics hubs besides Bucharest are Constanta – the eastern most urban center, Alba – located almost centrally and Timis – the most western county in Romania, as these four markets together account for almost a quarter of the national goods transported in Romania via roads.
According to the second edition of the survey on ”Energy efficiency in the Romanian companies”, carried out by EnergyPal with the support of Valoria, in Romania, in 2019, 64% of companies have not implemented a smart metering system for the main equipment, down from 69% last year.
The Board of Directors of Electroaparataj convened the Extraordinary General Meeting of Shareholders for June 10, with a vote on the company's liquidation.
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