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Warehouse Market News

Ambitious transports masterplan until 2020

Among investments there are motorways in Gilau-Bistrita-Dej-Targu Mures perimeter. The EU ask the Government to make clear relevant progress in this respect.

Industrial sales and orders up in February

Romanian industrial sales rose 9 percent in February from the previous month despite a decrease in mining sales, the country’s statistics institute INS said Monday. Manufacturing sales were up 9.4 percent on the month in February, but mining sales dropped 1.7 percent, statistics show.

Holcim and Lafarge merge, forming the biggest cement supplier in the world

Holcim Ltd. and Lafarge SA, whose boards approved a merger to create the world’s biggest cement maker, will be led by the French company’s chief executive officer, Bruno Lafont, said people familiar with the matter, according to Bloomberg.

Continental invests EUR 9.5 M in Timisoara factory

German group Continental will invest EUR 9.5 M in a technical solution for the reduction of odor perception at its tire production facility of Timisoara, with the project due for completion before the end of next year, the company announced.

Limited move to speculative industrial development

International companies are increasingly looking to acquire industrial and logistics premises in Central Europe with the resulting rise in demand in the industrial sector.

Daimler starts EUR 300 mln plant expansion in Romanian subsidiary

Star Transmission, the local subsidiary of German car maker Daimler, has kicked off on Friday expansion works at its transmission assembly plant in Sebes, in a move designed to meet the increased demand on the international market.

Eurostat: Romania among EU countries with highest rises in February retail trade volumes

The volume of retail trade in Romania advanced 1.4 per cent in February 2014 from January 2014. A higher rise in the European Union in similar terms was recorded only by Malta (1.9 per cent), according to data released on Thursday by the EU's statistical office Eurostat.

Petrom, EUR 18 million investment in Bacau warehouse

OMV Petrom (SNP) has completed the modernization of its fuel warehouse in Bacau, following EUR 18 million investment, bring the fourth storage unit rehabilitated by the company in the last five years.

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