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Articles

P3 wins ‘Best Warehouse Lease of the Year’ 2016 at the CIJ Awards Gala

P3, the specialist owner, developer and manager of European logistics properties, won the prestigious 2016 ‘Best Warehouse Lease of the Year’ at the ninth CIJ Awards Romania, which took place on 8 December 2016. P3 received this distinction following the lease contract signed with the leading European retailer Carrefour for 30,000 m2 at P3 Bucharest park, the largest logistics park in Romania.

CTP bought part of land owned by businessman Nicolae Raţiu in Western Bucharest

CTP, which became last year the largest industrial real estate owner in Romania, bought a quarter of the plot of land near A1 highway (Bolintin Deal area), a plot put on sale by the businessman Nicolae Raţiu.

Lactalis to control almost a quarter of Romanian dairy market

French group Lactalis is in position to control 23 percent of the local dairy market, estimated at EUR 800 million.

Romania, among EU states where industrial output dropped in October

Industrial output descended in October by 0.3 pct in the European Union (UE) and by 0.1 pct in the Eurozone (EA 19), compared to the previous month, shows data published by the European Statistics Office (Eurostat).

P3 appoints Emilia Bocan as Senior Leasing & Development Manager in Romania

P3, the pan-European specialist owner, developer and manager of logistics properties, has appointed Emilia Bocan as a Senior Leasing & Development Manager in Romania. She will work on all aspects of the leasing and development of the 305,000 m2 P3 Bucharest park, the largest logistics park in Romania, as well as new P3 projects in Romania.

Freight traffic in Romanian sea ports up by 5.35 pct on 11 months

Cereals traffic from Constanta port exceeded during January-November period the registered record of 2015, amounting to 18.51 million tonnes compared with 18.02 million tonnes at the end of November 2015, while the total freight from the Romanian sea ports registered grew by 5.35 percent, according to the National Company of Sea Ports Administration.

Japan's Asahi to pay 7.3 bln euro to AB InBev for SABMiller's CEE business

Japan's Asahi Group said on Tuesday it will pay 7.3 billion euro ($7.73 billion) to Belgian-based multinational beverage and brewing company AB InBev for the Central and Eastern European assets of SABMiller, including assets in Romania.

Online trade in Romania grew three times over the last five years

The turnover of the Romanian e-commerce grew from 1.68 billion lei in 2011 to 5.47 billion lei in 2015 as the online trade services have been developed, made by over 5.300 companies, with over 2,600 more than five years ago, according to the KeysFin data.
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