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Warehouse Market News

Industrial production prices fell 2.7 pct in August y-o-y

Industrial production prices for total market, domestic and foreign, fell in August by 2.7 percent year on year and by 0.7 percent compared to July, show data by the National Institute for Statistics.

The only chemical fertiliser plant still operational in Romania wants to have a market share of 62 pc

Of its four chemical fertiliser plants, Romania has only one left. The other three, owned by InterAgro Group, have ceased their operations after Group owner Ioan Niculae was sentenced to jail.

Czech group P3 expands largest logistics park in Romania with new building

Czech group P3, a specialized investor, developer and manager of European logistic properties, started in late-September the speculative construction of a new building within the P3 Bucharest logistics park.

The U.S. Embassy has selected Romina Furniture as its September 2015 Entrepreneur of the Month

Children's furniture producer Romina Furniture was awarded, on Tuesday, the title of September's Entrepreneur by the U.S. Embassy in Bucharest.

Siemens to open a new wagon parts factory in Sibiu

Siemens started the construction of a new factory in Western Industrial Area of Sibiu.

Volkswagen scandal may affect Romanian automotive exports to Germany

The negative impact of the Volkswagen scandal connected to pollutant emissions from their diesel cars should have a limited effect on Romania, according to an analysis Erste for the CEE region.

Italian furniture producer borrows EUR 10 mln from Romania’s Eximbank

Furniture producer Italsofa Romania took a EUR 10 million credit line from local lender Eximbank. It will use the money to carry out its current activity, according to the bank.

Romania is logistics investment hotspot, CBRE says

Interest in the industrial sector remained firm throughout the first 8 months in 2015, the Romanian investment market’s enthusiasm for warehouse and logistics properties resulting in a total investment volume of EUR 260.6 million, according to a CBRE analysis.

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