With an area of 5,000 sqm and a storage capacity of over 1 million books, Libris owns in Brasov the largest book warehouse in Romania dedicated to an online bookstore. The company said it transformed the facility into a "green warehouse" by implementing 835 photovoltaic (PV) panels.
Cargus is the new tenant of Globalworth and Global Vision in Constanța Business Park, one of the largest business parks in Southeast Europe. The courier company is consolidating its operations in a class A, ambient warehouse unit, having an area of 2,800 square meters, which also includes an office space of 250 square meters.
In March of this year, Knauf Insulation officially became the owner of the mineral wool factory Gecsat S.A. from Tarnăveni. Knauf Insulation, one of the biggest players on the market of insulating materials, part of the Knauf Group, started the production of mineral wool at the factory in Târnăveni, Mureș County, after the completion of the re-engineering and modernization of the existing production line.
Romania's entry into the Schengen Area will bring numerous benefits for the local transport industry, including the elimination of border waiting time, and the increase of transport capacities and the number of orders, according to DSV Road, the third largest global provider of Transport and Logistics services in Europe. The company estimates that accession to Schengen will generate an average increase in business by 20%.
The Italian group De'Longhi, one of the most important players in the local production of household appliances, which already owns two factories in Romania, in the counties of Cluj and Bihor, recently bought an industrial platform in Satu Mare and is considering a project with investments worth 100 million lei (20 million euros).
The company announces a major technology upgrade at its water bottling factory in Sibiu County, shortly after it recently opened production in the new factory at Şeştina, (Mureș County) where, following an extensive project, the group will bottle premium mineral water.
Demand improved during the second quarter, while deliveries are limited and vacancy rates continue to fall, according to the Bucharest City Report Q2 2022, published by real estate consultancy JLL.
VGP NV, a European provider of high-quality logistics and semi-industrial real estate, recently, announced the results for half-year ended 30 June 2022.
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