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Warehouse Market News

Auto market’s growth rate in Romania, three times higher than average European growth rate

The Romanian auto market registered spectacular growth in November, car sales registering a growth of 41.5 per cent, three times higher than the average 13.7 per cent growth registered at European Union level, the data published by the European Automobile Manufacturers’ Association (ACEA) show.

Alevia sees 6 pct hike in sales in Q3 2015 after factory expansion

Local food supplements and tea manufacturer Alevia announced a 6 percent rise in sales during the third quarter of 2015 as compared to Q2. Acording to the company this positive result was mainly due to the expansion of its Falticeni plant, a EUR 1 million investment, but also to an increase in demand for its Ginko biloba products.

Auto parts distributor Inter Cars rents warehouse in Piteşti

Auto parts and accessories distributor Inter Cars, active on the local market since 2008, rented a new building in Piteşti, Arges county, on 12 Depozitelor St., according to data from Romanian Official Gazette.

Alcatel-Lucent opens biggest global network operations centre in Timisoara

Alcatel-Lucent has opened the biggest global network operations centre in its new campus in Timisoara. The centre has a surface area of 5,200 square metres and was made possible by an investment of over EUR 2 M that went into IT and operational infrastructure.

AIC Industrial & Logistic Development will build two warehouses for Fashion Days

AIC International & Logistic Development will develop and deliver for Fashion Days on a built-to-suit lease arrangement a total of more than 13,700 sqm of class A warehousing space that will allow Fashion Days to meet the demand of its expanding operations over the medium terms.

CTP concludes purchase of Bucharest West Industrial Park

International investor and developer, CTP, has successfully concluded the purchase of the Bucharest West Industrial Park on the outskirts of Bucharest from Portland Trust. With the closing of this deal, CTP becomes the largest industrial developer on the Romanian market.

Ruukki factory in Giurgiu became temporary warehouse for eMag

Construction material producer Ruukki’s factory in Giurgiu, closed nearly one year ago, became temporary warehouse for eMag, the largest player in the local e-commerce.

German group invests EUR 10 mln to remove bad smell near tire plant in Romania

German car parts producer Continental Tires has completed an investment of EUR 10.5 million in its Timisoara factory for reducing the odours resulted in the production process.

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