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Warehouse Market News

Romania, the lowest drop in industrial production prices in the EU

Industrial production prices decreased by 1.5% both in the Eurozone as well as in the rest of the European Union (EU) in December 2014 compared to December 2013, but Romania saw the lowest drop in these prices in the EU, of minus 0.5%, show the data released on Tuesday by the European Statistical Office (Eurostat).

Turkey’s Kastamonu invests 70 million lei in an adhesive factory in Reghin

The company Kastamonu Romania (former Prolemn) from Reghin, controlled by the company Kastamonu Entegre, one of the most important players in wood industry from Turkey, will start this year an investment project of approx. 70 million lei (EUR 15 million) for the construction of industrial adhesives factory.

State Assets Management Authority plans to privatize 35 companies this year

The State Assets Management Authority (AAAS) plans to privatize 35 companies this year, after having concluded in 2014 nine stock sale contracts, shows data supplied at the request of Agerpres.

Ireland’s CRH to buy Lafarge Romania’s assets as part of global merger with Holcim

Irish building supplies group CRH will pay a total of EUR 6.5 billion (USD 7.4 billion) to buy assets belonging to Swiss Holcim and French Lafarge in order for the two giants to obtain regulatory approval for their planned merger, it was announced on Monday.

P3 Completes Acquisition of 467,000 m2 of Warehouses from CA Immobilien

P3 Logistic Parks, the specialist owner, developer and manager of European logistics properties,has completed its acquisition of two logistics parks in Poland and one in Romania, with a combined total of 467,000 m2 of lettable space, from CA Immobilien Anlagen AG.

American electronics group to open new factory in Romania

American electronics producer Kimball Electronics plans to expand its capacity in Europe by opening a new plant in Romania.

Romanian-Hungarian joint venture to produce locomotives

Craiova-based locomotive producer Softronic and the Hungarian group LAC Holding have signed a joint-venture to build locomotives in Hungary.

P3 signs leases for 25,445 m2 of space with Fiege at P3 Mszczonów in Poland

P3 Logistic Parks, the specialist owner, developer and manager of European logistics properties, has agreed leases for 25,445 m2 of space at its Mszczonów park near Warsaw with Fiege Group, one of Europe’s largest supply chain contractors.

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