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Warehouse Market News

GEFCO Romania resumes its accelerated growth rhythm

GEFCO Romania, subsidiary of GEFCO Group, with a presence of eight years on the local market, ended 2013 with a turnover of almost EUR 48 million according to preliminary non-audited results, up with over 12 percent compared to 2012, thus consolidating its position on the market, a press release informs.

Construction of Sibiu-Pitesti motorway kicks off in August 2015

The construction works at Sibiu-Pitesti motorway will start in August 2015, chairman of Valcea County Council Ion Cilea told Agerpres.

Romania, among first places of industrial output increase

The industrial output increased 1.7 percent in the Eurozone and 2.1 percent in the rest of the European Union, in February 2014, compared with February 2013, and Romania is among the member states where the industrial output registered the highest growth, show the data the European Office for Statistics (Eurostat) released on Monday.

Stroe, Dacia: We will not increase local production capacity

Renault will not expand their car production capacity in Romania, and the extra demand will be covered in Morocco, Vice President of Dacia Automobiles Management Board, Constantin Stroe told a seminar on transport and logistics industries, Mediafax informs. He also said that there would be room on the market for a third producer, in a “proper” conjuncture.

Romanian industry consolidates its position as the main engine of economic growth

The evolution of the industrial indicators in the first two month of the year recorded positive signals, indicating the fact that the economic growth rate in the first quarter of the year could exceed the 3.5 per cent recorded last year, adviser to the Prime Minister, Cristian Socol, said in an analysis on Thursday.

Exports and imports advance in January-February

Romania’s exports advanced by 9.2 percent, and its imports by 9.4 percent over the first two months of 2014, compared to the similar period of 2013; FOB exports amounted to EUR 8.274 billion, while CIF imports stood at EUR 8.84 billion, according to data released on Wednesday by the National Institute of Statistics (INS).

PGS Sofa & Co buys former Samsung warehouse

PGS Sofa & Co, a furniture manufacturer, bought a 26,000 sqm warehouse in Biharia (Bihor County) for €4.8m.

ABC Data opens distribution hub in Oradea

ABC Data Romania, the local branch of IT product distributing firm with operations in Central and Eastern Europe, has established a distribution point in Oradea, two months after it made its its direct entrance on the Romanian market.

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