Lödige Industries, a leading provider of logistics systems, is significantly expanding its capacities in Brasov, Romania. Plans call for a near doubling of the production area to more than 4,000 square meters. Additional office and sanitary facilities are also being built. Construction has begun at the end of the first quarter of 2023. Production operations in the new building are expected to start as early as the end of this year.
MLP Group enjoys a very good financial standing and a safe capital structure enabling the implementation of long-term strategic goals. This is confirmed by the results announced for the first quarter of 2023. During the period, consolidated revenue rose 51% yoy, to PLN 94.7 million, driven by increases in both leased area and rental rates. At the same time, the Group’s EBITDA (without revaluation of investment properties) improved by 59%, to PLN 47.8 million. In the first quarter of 2023, MLP Group earned a net profit of PLN 26.1 million. Since the beginning of the year, the Group’s net asset value (NAV) has gone up 1%, to more than PLN 2.5bn. The value of investment property also rose 1%, to close to PLN 4.5bn.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), expands its partnership in Romania with the integrated logistics company Maersk and IB Cargo to a total surface of approximately 100,000 sqm.
The month of June in Belgrade has long been reserved for the world of real estate. Belgrade invites and expects participants who will come to visit the REBEC event.
VGP, a European provider of high-quality logistics and semi-industrial real estate, has leased 7,000 m2 for storage space and 1,500 m2 for cross-dock, in VGP Park Brașov, to DB Schenker, leading global logistics and transportation provider.
Cargus, one of the largest players in the courier industry in Romania, strengthens its management team and appoints Nelu Gheorghiță as Chief Operations Officer (COO). In this position, Nelu Gheorghiță will coordinate the operational and logistical development of the company, having an essential contribution in keeping the delivery excellence at the high standards the local customers have been accustomed to, but also in accelerating the expansion of Cargus’ operations on international markets.
VGP NV, a European owner, manager and developer of high-quality logistics and semi-industrial real estate, published its annual report including its Corporate Responsibility report. The report focuses on the steady achievements and goals with regards to VGP’s ESG performance.
FrieslandCampina, one of the largest global companies in the dairy market, inaugurated on Thursday, May 4, its new logistics center in the Class A industrial park Mureș City Logistics, located in Cristești, near Târgu Mureș, therefore consolidating its operations in Romania.
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