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Warehouse Market News

6th largest car part manufacturer in the world to open a plant in Valcea

Dumitru Cornoiu, prefect for Valcea county, announced on Monday for Agerpres that a multinational company in the car parts industry will build a new production plant in Ostroveni industrial park next year, thus creating 1,500 new jobs, writes economica.net.

Section 1 of Nadlac-Arad Highway to be inaugurated by year’s end

The 22-km Section 1 of the Nadlac-Arad Highway will open to traffic by the end of this year, earlier than the January 21 deadline established through the contract. “According to the data so far and the constructor’s commitments, the highway section will be ready in December,” sources from the leadership of the Transport Ministry stated.

Elster leases 7,000 sqm in Globalworth’s Timisoara Airport Park

Elster Rometrics, part of German group Elster, has leased 7,000 sqm in the Timisoara Airport Park industrial park owned by Globalworth, according to Mediafax. Globalworth is investing EUR 5 million in the 7,000 sqm which will be delivered in the third quarter of 2015.

DPD opens distribution center at Immopark Žilina

Erste Group Immorent completed the first warehouse at its Immopark logistic park just outside the city of Žilina, Slovakia.

Accolade, Panattoni to invest EUR 400 million into industrial parks

Accolade and Panattoni Europe plan to invest EUR 400 million into the development of industrial parks over the next five years. The companies have already partnered on the development of projects worth EUR 54 million for tenants like KION Group, Linde, Steelcase, Ideal Automotive and Facea.

Industrial production prices, decreasing

The industrial production prices in Romania have decreased in October with 0.4 pct. compared to September and they stalled compared to the same month of last year, according to data from the National Institute of Statistics (INS).

Main industry sectors in Romania that generate losses

Development and real estate consultancy, as well as ferrous and nonferrous metal processing are the main sectors that generate losses in Romania, while oil and gas extraction and trade are the most profitable ones, according to a study conducted by CIT Restructuring, cited by local Mediafax.

Arad county, largest industrial production in first semester

Industrial production in Arad county increased in the first half of the year with 26.9 pct, much above the average growth nationwide, of 9.1 pct, according to data from the Institute of Statistics.

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