Some 500,000 sqm of logistics and industrial space are forecast to be delivered this year in Romania which will mark the highest post-crisis level, according to real estate consultancy Colliers International. About 80 percent of this will be delivered in Bucharest alone, but there is growing interest for regional cities as well.
Steel pipe producer TMK Artrom Slatina, controlled by Russian group TMK, received a seven-year loan worth EUR 25 million from Romania’s largest lender BCR to increase its production capacity.
French group Mecaplast, specialized in the production of plastic car components, will open a factory in Romania this year to produce components for Dacia’s new Duster model, said Xavier Fouineau, Mecaplast Romania Country Manager, reports local Hotnews.
CTP, one of the largest investors in logistics and industrial spaces on the local market, has in plan to invest a quarter of billion Euros in Romania in the following two years, says Remon Vos, CEO of the company.
Industrial output decreased in December, and the number of employees indicator shows that companies have carried out redundancies amidst temporary contract employees, shows the Industrial Barometer in Romania conducted by IRSOP Market Research and The National School of Political Science and Public Administration (SNSPA), sent to ACTMedia.
The number of unemployed people in Romania significantly dropped in December last year, by 14,444 compared to the previous month, reaching 506,758. It is a new minimum level after the onset of the economic crisis in 2008.
Ecommerce in Romania was worth 1.8 billion euros last year, which corresponds to an increase of 30 percent compared to the situation in 2015. According to ecommercenews.eu, this figure represents only the online sales of products. Consumers in Romania made on average 8.4 online purchases in 2016, slightly more than one year before.
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