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Warehouse Market News

Federal Mogul invests USD 20 mln in Ploiesti factory

U.S. Group Federal-Mogul will invest over USD 20 million in two new production lines at its friction pads factory in Ploiesti, recently taken over from Honeywell, writes Mediafax.

Higher car sales help Romanian tire market go up

The local tire market, which includes both the summer and the winter tire sales, was estimated at 2 million units last year, and gained some 20% this year, according to Alina Mihaescu, marketing director of Goodyear Dunlop CSEE, quoted by Wall-Street.ro.

Cement producer Holcim increases sales in Romania

Swiss cement producer Holcim increased its sales in Romania by 4.3% in the first nine months of this year compared to the same period of 2013, but the cement price declined by 1.1% in the same period, according to the group’s report.

Transporter Construction & Logistics: The recovery of the industrial real estate market

Transporter magazine organizes on 10th of November the event „Construction & Logistics. The development perspectives of the logistics parks and specialized warehouses”, having as topics the evolution of the industrial and logistics parks in Romania as well as the optimization of the management procedures of the warehouses and the supply chain.

Panattoni has completed construction of 246,000 sqm for Amazon

Panattoni Europe, Poland's leader in the industrial property market, has completed the construction of 246,000 sqm for Amazon in Poland and together with the online retail giant officially opened two modern distribution centres in Bielany Wrocławskie and in Sady near Poznań.

Romanian Dacia ups market share in Europe

Romanian car brand Dacia increased its market share in Europe by 0.2% year-on-year in the third quarter, to 2.4%, and remains the brand with the highest growth on the European auto market, contributing to the 6.7% increase in the revenue of French Renault, Dacia’s owner.

CTP finalizes acquisition of Industrial Park on D8 highway north of Prague

CTP recently met with representatives of sellers AFI Group and ProDelta at the legal offices of Dentons in Prague to complete the final signing of a purchase of its third industrial park in the Prague region.

Work on Sebeş-Turda highway in Central Romania starts in a month

Work on the Sebeş-Turda highway in Romania will start at end-November, and the highway will most likely be ready in December 2015, the earliest, according to Mediafax.

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