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Warehouse Market News

Czech developer invests EUR 15 mln in logistics park in Romania

Czech developer CTP will invest up to EUR 15 million this year in the soon-to-be-acquired logistics park Cefin Arad, which is in liquidation.

Bucharest and five counties have half of Romanian exports

The companies in Bucharest insure 17 pct of the total exports, and the counties Argeş, Timiş, Arad, Constanţa and Braşov bring in the commercial balance of Romania another EUR 18 billion, generating together with Bucharest 50 pct of the EUR 52,5 billion exports in the local economy.

Romanian dairy producer targets EUR 115 mln business

Romanian dairy producer Albalact has targeted for this year a EUR 115 million turnover, up 7% over the previous year.

German car parts maker invests EUR 50 mln in new factory in Romania

German car parts producer Draxlmaier has invested EUR 50 million in a new production unit outside Codlea, in Brasov county.

American auto-parts supplier opens new plant in Ploiesti

U.S. auto-parts supplier Federal Mogul Motorparts opened a new factory in Ploiesti, near Bucharest, on Thursday, April 17. It will supply automakers in Europe with assemblies and components for auto windshield wipers.

Danone invests EUR 2.3 mln in new technology for Bucharest plant

Danone Romania, the local yogurt market leader, announced on Thursday in a press conference, the upgrade and implementation of a new technology in the Danone plant in Bucharest, following a RON 10 million (EUR 2.3 million) investment, which will facilitate the packaging makeover.

Romanian Transport Minister: Sebes-Turda highway section, due in two years

The Sebes-Turda highway section will be ready in two years, said Transport Minister Ioan Rus, whereas work for the Sibiu-Pitesti highway should start in 2018.

Nokia returns to Romania, after buying competitor Alcatel-Lucent

Telecom equipment producer Nokia will buy its French rival Alcatel-Lucent, which has 1,000 employees in Romania. Nokia, which closed its factory in Jucu, near Cluj Napoca, in 2011, will thus return to Romania.

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