PepsiCo, a global leader in the food and beverage industry, today announced the opening of an automated warehouse at its snacks factory in Popești-Leordeni. This milestone marks the completion of a strategic investment project valued at over 100 million USD.
VGP, a European provider of high-quality logistics and semi-industrial real estate, announces the completion of the 8th building of VGP Park Timisoara with the handover of the warehouse to Continental Tires Timisoara which will use approximatively 20,000 m² for its tyre storage operations.
Large infrastructure investments, significant salary growth above inflation, a stable external economic context, and central banks’ victory in combating inflation are helping the Romanian real estate market maintain a favorable outlook. However, results are generally mixed, according to Colliers Romania experts in their market report for the first half of the year, set to be released at the end of the month.
SPEEDWELL, one of Romania's most active real estate developers, launches its 2023 Sustainability Report. The official ESG reporting document highlights, both the initiatives and main sustainability strategies developed, as well as the company's internal resources and its impact at all stages of development, from concept to project delivery.
Crane ChemPharma & Energy, a global industrial manufacturer and subsidiary of Crane Company, secured a lease for 3,000 square meters of production space within Industra Park Arad in Romania, developed by Oresa Industra. This transaction was brokered by the real estate consultancy firm Cushman & Wakefield Echinox.
Colliers announces the promotion of Alexandru Atanasiu to Head of Construction Services and Member of the Board of Directors. Previously, he held the position of Deputy Head of Construction Services and Asset Services.
The Romanian mergers and acquisitions (M&A) market recorded 124 transactions in the first half (H1) of 2024, with a total estimated value of USD 2.3 billion, down 6% in volume compared to the 132 transactions, estimated at USD 3.7 billion, recorded in the similar period of 2023, according to an analysis by EY Romania sent on Friday.
For the warehouse owners, as well as for companies that need efficient storage spaces adapted to their needs, metal racks are a solution they turn to at any given time, either to equip logistics spaces to the highest standards for tenants, either to optimize and customize a rented hall according to the type and flow of goods.
We spoke with Bogdan Gruia, General Manager of Store Expert Logistic, one of the top companies in the field of logistics solutions, present on the market for 16 years, about the company he leads, about the services offered, as well as about the market of metal racks in Romania.
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