CTP, the leading premium industrial park developer and long-term property manager in Romania and CEE, and NETWORK ONE DISTRIBUTION (NOD), the leader of the Romanian IT&C distribution market, expand their cooperation in CTPark Bucharest West, reaching circa 44,000 m² of logistics spaces leased in two buildings. A new agreement was concluded for an extension of approximately 14,000 m², situated in a new warehouse that will be finalized in Q4 2018. NOD already occupies over 30,000 m² of logistics spaces in CTPark Bucharest West that were delivered in 2017.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, invests over EUR 13 million in the extension of CTPark Timisoara with 32,000 m², due to the increasing demand in the Western area of the country. CTP’s portfolio in Timisoara includes two logistic parks: CTPark Timisoara I that was acquired in 2015 and has a total size of 10,000 m² GLA and CTPark Timisoara II, the extension currently under development by the company. The construction works at the extension of CTPark Timisoara are ongoing and will be finalized in December 2017.
Tibbett Logistics, the Romania-based transport and contract logistics specialist within The Keswick Enterprises Group, announces that this summer it will be making a substantial six-figure euro further investment in enhancing its open-access Bucharest International Rail Freight Terminal (BIRFT).
After leasing over 130,000 square meters in CTPark Bucharest West and secured the authorizations for the construction of two more buildings with a total surface area of 68,000 sqm, CTP has announced the start of construction works for the second phase of the construction.
Metallic tiles manufacturer Bilka, owned by the Romanian entrepreneur Horațiu Țepeș, has in plan investments of ERU 12 million in manufacturing corrugated sheets for the industrial sector and turnkey industrial facilities, which would bring the company’s business to EUR 100 million,
DPD Romania, one of the largest players on the local parcel and express delivery market, has inaugurated a new logistics center in Mogosoaia, near Bucharest.
Local council in Cluj will complete in the next period the modernization project and the expansion with 16.8 hectares of the industrial park Tetarom I in Cluj-Napoca, an investment of EUR 9.4 million, 50 pct supported from EU funds.
Siemens continues its development in Romania, finalizing its expansion of the two from the four of its factories from Romania, operated locally through Simea Sibiu SRL company. The two production units are situated in Sibiu and Buzias town, Timis county.
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