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Articles

Mega Image to open new logistics centre in 2016

Mega Image will continue its expansion at the same rhythm it had during the last years, planning to invest some EUR 50 million per year, Vassilis Stavrou, director of Mega Image said, as quoted by Mediafax. The company will also open a second logistic center in Stefanesti at the end of Q3, covering a 34,000 sqm area, the representative announced.

EUR 3 million for factory expansion in Romania

The construction of a new wing for the industrial facility of Ital Pant will cost EUR 3 million a company in Botosani, owned by Italian businessmen.

Belgian company Van Moer Logistics rented 5,180 sq. m in CTP Bucharest West

Belgian logistics company Van Moer Logistics has rented 5,180 sq, m within CTP Bucharest West industrial and logistic park taken over last year by CTP Invest from Portland Trust.

DPD Group rented 17,000 sq. m in WDP Park Sibiu

GS Capital has recently brokered the lease transaction of the new distribution centre of the courier services provider DPD Group within the industrial park WDP Park Sibiu.

Deal of the year in Romania’s food industry: French group Lactalis will buy dairy producer Albalact

French dairy group Lactalis will buy Albalact, the biggest dairy producer in Romania, in a transaction that may value the company at around EUR 65 million. Albalact’s shares jumped by 15% on the Bucharest Stock Exchange, on Thursday morning, after the deal was announced.

Industrial sector dominated real estate investments in 2015 in Romania

Industrial real estate in Romania reached a record level of 389 million dollars, representing 57 pct. of the total investments registered in 2015.

Kromatic invested 4,5 million euro in a laundry unit in Brasov

Promar Textil, one of the top companies on the textile production market, announces its entry on the professional laundry segment, through the launch of Kromatic Brasov, following a 4.5 million euro investment and an in-depth research of the domain’s innovation potential, a press release sent by the company informs.

Project of a motorway to link Romania's historic provinces Moldavia and Transylvania continues

The project of a motorway to link Romania's historic provinces Moldavia and Transylvania continues; it will be included in the Master Plan for transportation, Vice Prime Minister Vasile Dancu told Agerpres on Sunday night.

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