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Warehouse Market News

Elefant.ro online bookstore moves to new warehouse

Elefant.ro online bookstore relocated to a new warehouse spanning over 3,000 square meters, which the company claims is the largest book warehouse in Romania.

TT Electronics delays moving its operations to Romania

British electronic components maker TT Electronics Plc said the transfer of its German manufacturing operations to Romania was taking longer than expected, according to Daily Times.

Philip Morris to invest in Otopeni factory expansion

Philip Morris is in the middle of an expansion process for its cigarette factory in Otopeni, Ilfov county, and while it will not advance an official number for the value of the investment, the company does say that at the end of the project its total local investments will be RON 450 million.

WDP to develop EUR 4 mln logistics project in Ploiesti for Spanish group Roquet

Belgian real estate developer Warehouses DePauw (WDP) will be investing EUR 4 million in the development of a logistics project near Ploiesti with a surface of nearly, 7,000 sqm for Spanish producer of hydraulic components Grupo Industrial Roquet.

InterAgro resumes production in Turnu Magurele, Slobozia chemical factories

The InterAgro Group is resuming production at the chemical plants Donau Chem of Turnu Magurele and Chemgas of Slobozia (both in southern Romania) starting on Thursday, the group has announced.

Romania, second highest industrial production growth in the EU in June

Romania recorded the second highest increase in industrial production in the European Union (EU) in June 2014 compared with June 2013, of 9.9 percent, according to recent data from Eurostat. Only Hungary posted a higher increase in industrial production – 11.3 percent.

Why buying former factories?

In the last ten years, most of the transactions with large plots of land in Bucharest were represented by the land of the former factories.

Leoni rented 7,000 sq. m in Log Center Arad

The producer of cables for the auto industry Leoni Wiring Systems, part of the German group Leoni, will occupy nearly a quarter (7,000 sq. m) of the industrial park resulted from the reconfiguration by Immofinanz of the commercial centre Armonia Arad.

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