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Articles

Transactions Record Volume in 2016 for Bucharest Land Market

Land market in Bucharest has reached in 2016 a new record in volume, as plots were transacted with a total area of 110 hectares, 144 pct. increase compared to 2015 and 3.5 pct. higher than the precedent record year for the market, 2007, when 106 hectares were sold.

CEVA Logistics Rents 50,000 SqM Warehouse Space in WDP Park Oarja

One of the largest international logistics operators, CEVA Logistics, has recently signed a lease agreement for a warehouse space of 50,000 square metres with WDP Development Ro, local branch of WDP industrial and logisitcs developer.

Yildiz Entegre To Open New Wood Processing Factory in Romania

Yildiz Entegre, world’s largest wooden boards manufacturers, has recently announced the opening of a new wood processing factory in Romania, situated in Oarja, Argeș county.

Simplu and Arcese Rent Half of the Former Factory Ruukki in Bolintin-Deal

Detergents and cleaning products manufacturer Simplu and transporter Arcese have rented half of the former construction materials factory Ruukki, situated in Bolintin-Deal, near Bucharest, in the area of A1 Bucharest-Pitesti highway.

Romania Could Face a Severe Crisis of Qualified Personnel

The Romanian economy is heading towards an acute crisis on the workforce market, as the number of employees and the degree of skilled workforce has decreased in the last years.

Continental is Largest Automotive Industry Employer in Romania

German group Continental became the largest employer in automotive industry in Romania, reaching a total of 18,200 employees over the country.

Four Most Active Logistic and Industrial Real Estate Developers in 2017 in Romania

The real estate developers specialized on the segment of industrial and logistic properties will deliver by the end of the year in Romania projects on an area of 400,000 square metres.

Almost No Vacancy for Industrial and Logistics Projects in Bucharest

The occupancy rate of the real estate projects offering logistic and industrial spaces in Bucharest area is nearing 100 pct. According to JLL Romania, the take-up increased in the first quarter of 2017, while new deliveries didn’t keep up with it.
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