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Articles - industrial developments

Hochtief to build warehouse for GE in Bielsko-Biała

Hochtief Polska was hired to build a production and warehouse facility with an office component for GE Power Controls in Bielsko-Biała.

Accolade, Panattoni to invest EUR 400 million into industrial parks

Accolade and Panattoni Europe plan to invest EUR 400 million into the development of industrial parks over the next five years. The companies have already partnered on the development of projects worth EUR 54 million for tenants like KION Group, Linde, Steelcase, Ideal Automotive and Facea.

Globalworth completed the acquisition of TAP and develops the first phase of the space for Continental

Globalworh mentions in a report recently published that it has completed the acquisition of Timisoara Airport Park and develops according to the schedule the first phase of the space for Continental.

JTI could relocate part of its production to Romania

Japan Tobacco International (JTI) could close its production units in Northern Ireland and Belgium, citing a challenging economic environment and excise tax pressure, and is looking into relocating manufacturing to other facilities, potentially in Poland and Romania.

Artemis Real Estate is developing five industrial and residential projects near Timisoara

Swiss group Artemis Real Estate, local division of Artemis Holding, announced on Thursday it is developing 5 projects near Timisoara, on a 128 ha piece of property. The projects include industrial and residential buildings.

TT Electronics delays moving its operations to Romania

British electronic components maker TT Electronics Plc said the transfer of its German manufacturing operations to Romania was taking longer than expected, according to Daily Times.

Philip Morris to invest in Otopeni factory expansion

Philip Morris is in the middle of an expansion process for its cigarette factory in Otopeni, Ilfov county, and while it will not advance an official number for the value of the investment, the company does say that at the end of the project its total local investments will be RON 450 million.

Investment of over EUR 50 million in Cluj: Emerson inaugurated a new production and services platform

American company Emerson has inaugurated in Cluj-Napoca a new production and engineering services platform, following an investment of EUR 55 million, where 700 people will be hired, Mediafax writes.

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