An important American company active in the field of auto parts production, Varroc Lighting Systems, entered Timisoara after signing a collaboration agreement with a well-known Romanian company in the field of lighting solutions for motor vehicles, ELBA.
Ten years ago, the financial crisis of particular severity brought countless countries into recession, including Romania. In the last decade, Romania's economy has undergone a number of changes, also marking significant progress, including in the real estate sector, whose prospects for the next 10 years offer an attractive risk / reward profile, according to the Colliers International real estate consultancy Romania.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, announced the appointment of
Mr. Richard Wilkinson as Chief Financial Officer (CFO) for the Group.
The Romanian logistics and industrial space market reached 3.4 million sqm at the end of the first semester in 2018, compared 3.05 million square meters reached in 2017, according to a study conducted by CBRE.
Dunwell, the first and only brokerage agency in Romania specializing exclusively in the industrial segment of the real estate market, completed this summer transactions totaling more than 13,000 square meters of logistics space located in Bucharest, Timisoara and other cities in the country.
French concern Sogefi Suspensions SA will invest 50 million euros through Sogefi Suspensions Eastern Europe SRL, in the construction of an automotive production unit within the Eurobusiness I Industrial Park in Oradea.
CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, conducted a study regarding the energy efficiency standards of the buildings throughout its international portfolio. The research included warehouse and production facilities built by CTP in the recent period that were compared to other new buildings on the market, as well as buildings built by CTP in 2010 and 2000 which incorporate technologies available at the time. The first results made public show that the latest CTP-built buildings lead the market, offering up to 40% cost savings.
The tax on the future highway Ploiesti-Brasov will start from a tax of 6.3 euros, excluding VAT, per hundred kilometers, higher than those charged on most motorways in the former communist countries.
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