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Articles

Romanian industrial pipe producer finalizes USD 36 mln investment

Romanian company TMK-Artrom, a producer of industrial application pipes, has finalized a USD 36 million investment project that will allow it to increase the production of premium products.

Delphi Packard closes the Caras-Severin plant due to lack of workforce

The Delphi Packard Factory in Moldova Noua, Caraş-Severin County, which employs nearly 700 people, closes at the end of March due to the lack of workforce availability. Mayor Adrian Torma says he is trying to find another big investor.

Ploiesti West Park expands by 20,000 m2

Alinso Group, the developer of the largest industrial park in SEE, Ploiesti West Park (PWP), which covers an area of 300 hectares, has completed the new SE 3 warehouse with industrial functions, designed for light production, storage or logistics.

CTP: EUR 12 million investment in circa 40,000 m² built for the Danish group DSV

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, and DSV, the fifth biggest global transport and logistics companies, signed a leasing agreement for approximately 40,000 m² in CTPark Bucharest West. CTP invested about EUR 12 million in the development of the new logistics spaces occupied by the Danish company in the first days of February.

The Competition Council authorized the takeover of Tibbett Logistics

The Competition Council authorized the transaction through which the Japanese company Yusen Logistics Europe B.V. takes over Keswick European Holdings Limited and Tibbett Logistics SRL.

Raben, two new warehouses delivered in Romania in 2017

For the Raben Group, 2017 has been marked by numerous investments in Europe. These include the two new warehouses in Romania, in Sibiu and Cluj, in the Transylvania region.

Romania, among the performers of the merger and acquisitions market in the region, with a market of over 3.24 billion euros

Romania recorded strong growth in mergers and acquisitions, with a 13% increase in transaction volume and 64% in value.

Ana Dumitrache joins CBRE Romania as Head of Investment Properties

CBRE real estate consultant has appointed Ana Dumitrache, who previously was part of the CTP team. She will lead, starting February, the company's investment department as Head of Investment Properties.

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