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Articles

Leading UK manufacturer Teconnex leases space at First Property-owned warehouse in Tureni, Romania

First Property Group plc, the property fund manager and investor with operations in the United Kingdom and Central Europe, is pleased to announce that it has entered into a lease with Teconnex Ltd, for around one-third of its warehouse in Tureni, Romania. The rent payable by Teconnex amounts to some €135,000 per annum.

The cost borne by employers for labor increased last year in Romania by almost 15%

An important aspect of the decision to relocate multinational companies in Romania, especially production activities or call center services, is labor costs.

Industrial production prices up 3.7% in January

Industrial production prices have increased in January by 3.7%, both on the domestic market and on the foreign market, compared to the same month of 2017, according to data from the National Institute of Statistics (INS).

CTP operates five of the Top 10 industrial buildings with BREEAM in-Use certification

The company CTP is continuing its efforts to support permanent, sustainable development and is continuously building top-of-the-line spaces, which are presented with various noteworthy awards. It currently owns and operates five of the Top 10 industrial buildings, which have been BREEAM in-Use certified. Four of them have been given the classification grade of “Very good.”

New clients for Ploiesti West Park

Alinso Group signed a new contract late last year with Rockwool, the renowned Danish mineral wool producer, which will build its first mineral wool plant in Ploiesti West Park (PWP). During the same period, Timken inaugurated a new design and production unit within the PWP.

Samsung could open a factory in Romania, in Brasov

Samsung's leadership recently visited Brasov, testing the area's opportunities to open a factory, according to local press.

Cities of Tomorrow # 6: Reconversion and revitalization. Romanian Cities. Reborn

The Romanian-German Chamber of Commerce and Industry (AHK Romania) organizes the sixth edition of the "Cities of Tomorrow" conference on Tuesday, February 27, 2018, at 9.00 am at Grand Marriott Hotel Grand Ballroom Hall.

2018, a turning year for real estate in Romania

The investment volume of investment in the office market could increase this year to 500 million euros, from 160 million euros in 2017, as 2018 is a year of turning in this segment, the projects underway for the next period including centers offices with an average surface area of more than 50,000 square meters, compared to an average of 20,000 sqm in those traded up to now, according to the report of the Colliers International real estate consultancy company.

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