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Warehouse Market News

Turkish manufacturer Durmazlar could open a tram factory in Romania

Turkish tram manufacturer Durmazlar is considering opening a production unit in Romania, depending on how the auctions will win here. The company has already entered the race for the largest contract in the country - the one for 100 trams in Bucharest - and wants to take part in the auctions in other cities.

The largest furniture manufacturer in Italy to relocate part of the production in Romania

Natuzzi, Italy's largest furniture maker, will relocate starting this month, part of Italy's production at the Romanian factory, a move aimed at lowering labor costs and improving profitability.

REALTY Forum, The Voice of Romanian Real Estate

Date: May 15, 2019, 2 p.m.

CTP to expand the area of its industrial and logistic parks in Romania by 200,000 sqm this year

CTP, a major logistics and industrial parks developer and administrator has exceeded one million sq m of leasable area of industrial and logistics projects in Romania and continues to expand.

Dedeman owners to buy the Letea paper factory in Bacau

The Paval brothers, the owners of Dedeman, submitted an offer for the acquisition of the Letea paper factory in Bacau, which was accepted by the liquidator Sierra Quadrant.

The industrial sector will exceed 4 million sq m of A class space in 2019

The industrial sector could attract up to 750,000 sq m of logistics projects by the end of this year, and Romania could establish a new record, Dunwell estimates.

De'Longhi expanded the Jucu factory in Cluj

The biggest exporter in Cluj County, the DeLonghi coffee maker, has expanded its factory in Jucu with a new production facility.

Dan Cristian Baloi joins the P3 team in Romania as Head of Acquisitions and Development

P3, the pan-European investor and developer of logistics properties, named Dan Cristian Baloi as the new Head of Acquisitions and Development.

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