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Warehouse Market News

Tetarom 1 industrial park in Cluj expands using European funds

The Tetarom I industrial park in Cluj-Napoca will be expanded with an additional 12 hectares, following an investment of RON 42 million, plus VAT, writes Agerpres newswire.

Meridian Auto invested EUR 4.5-5 million in Dacia-Renault auto complex Northern Bucharest

The company Meridian Auto, distributor on the local market for Dacia and Renault, has invested EUR 4.5 – 5 million in a new auto complex for the two brands, situated in Pipera, in Norhthern Bucharest, according to the executive manager of the auto centre Meridian Vest, Cătălin Boteanu.

German investment exceeds EUR 1.5 in Ineu city

A Greenfield investment of over EUR 1.5 million, made by the German company Stanzwerk Wetter AG, for the manufacturing of furniture components was inaugurated on Tuesday in Arad’s city Ineu.

Planning for the new express road Constanţa-Tulcea-Galaţi

"Last week the feasibility study for the express road has started. We began to identify the route and the necessary data for the express road. Due to expropriations, the works will start in two years ", has declared Horia Teodorescu, al Council during the inaugural flight Bucharest-Tulcea of the airline Fly Romania.

Romania had the biggest economic growth in EU in Q1 2014

Romania’s gross domestic product (GDP) grew by 3.8 percent in the first quarter of 2014 from the similar span of time of last year. This is the largest annual advance registered by a European Union (EU) member state, according to some preliminary estimates published on Thursday by the European office of statistics (Eurostat).

JLL: Property investment volume, at a record EUR 337 M in Q1

The property investment volume recorded in Q1 2014 is estimated at a record EUR 337 million, higher than the total volume in 2013, according to Jones Lang LaSalle (JLL) Bucharest City report.

Standard & Poor’s Upgrades Romania to Investment Grade After Six Years

Standard & Poor’s upgraded Romania to investment grade for the first time since 2008 as the economy grows and the government maintains fiscal rigor.

Czech cabinet supports Amazon investment in Brno

The Czech government has cleared the way for Amazon to invest in Brno by issuing a decree enabling a change to Brno’s master plan that would enable the construction of storage on its chosen site.

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