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Articles

French group Renault names new manager for its design centre in Bucharest

French group Renault has appointed Jean Phillipe Salar to take over as general manager of the Renault Design Central Europe (RDCE) in Bucharest. He replaced Geoffrey Gardiner, who was promoted to design director of Renault-Nissan’s Technocentre in France, at the beginning of September

Prologis Park Bratislava Speculative Developments 50-Percent Preleased

Prologis, Inc., the global leader in industrial real estate, today announced four lease agreements totalling nearly 11,000 square metres in two speculative facilities at Prologis Park Bratislava.

Works on Sibiu-Pitesti Highway to start in mid-2016

Transport Minister Iulian Matache states that the works could effectively start in mid-2016. “Until then there will be local debates in each county transited by this highway, in order to identify possible problems.

French producer invests EUR 300 mln in Romania in 15 years

French building materials producer Saint-Gobain has invested over EUR 300 million in the last 15 years, said Pierre-André de Chalendar, Saint-Gobain’s CEO.

Electroputere Craiova develops a green engine

A completely environmentally-friendly locomotive engine that runs exclusively on bio-diesel or vegetal oil and that has the same power and performances as that of a regular diesel engine.

Inteview with Nicholas Nabil Bouri, General Manager of NGB Construction & Management

One of the main warehouse and industrial developers for the Bucharest market, NGB Construction & Management has plans to continue developing by offering the market over 70,000sqm of new Class-A warehouses, in two locations, NGB Distirbution Center (TBA 55,000 sqm) located 9km SW of Bucharest centre and PL Distribution Center (12,000 sqm) in Popesti-Leordeni. In 2015 the group announced the start of construction of Phase II (18,000sqm) of NGB Distribution Center, targeting a wide range of companies, from light industrial and distribution companies, to service providers. The company is planning further development, as the Bucharest industrial market is moving again “demand is up and vacancy is at one of the lowest levels in recent years, especially for BTS projects”, as its general manager, Nicholas Nabil Bouri, recently declared in an exclusive interview for Warehouseinfo.ro/Depozitinfo.ro.

Romaero expects 23 percent business increase and plans Boeing contract expansion

Aircraft components manufacturer Romaero estimates a 23 percent increase in turnover to RON 98.82 million (EUR 22.34 million) for this year, and zero profit after three consecutive years of losses, while aiming to extend the contract with the American builder Boeing, according to Mediafax.

French car parts producer invests EUR 8 mln in new factory in Romania

French car parts producer Faurecia will invest EUR 8 million in its largest production unit in Romania, located in Ramnicu Valcea, where it will hire 1,600 employees.
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