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Warehouse Market News

Chinese group ZTE will open a service center in Romania

ZTE, one of the biggest worldwide telecom producers, will open a service center in a western town of Romania by the end of September 2014. The center will be tasked with monitoring 23 telecommunications networks in 23 European countries, writes MEDIAFAX.

Coface: Romania's exports up 12 pct in 2013 compared with 2012

Romania’s exports have registered 12% growth in 2013 compared to the previous year, following a relative stagnation in 2012, but this surge is not enough to remove all commercial risks, according to a release of the Coface consultancy company.

PIC hypermarkets in Craiova, Calarasi, Braila put up for sale again

The former PIC hypermarkets in Craiova, Calarasi and Braila, as well as a plot of land in Blejoi, Prahova county, will be put up for sale again on April 25, by judicial administrator PricewaterhouseCoopers Business Recovery Services, at a total starting price of EUR 10.2 million.

Logistics Performance Index (LPI) Report: Romania climbs 14 positions

Romania ranks 40th out of 160 countries for logistics performance, according to a report published by the World Bank. The country climbs 14 spots after ranking 54th in the previous year.

Sova promises highways but terminates contract with Italian developers for Sibiu-Orastie lot

Dan Sova, minister of Transport, announced on Monday night that the contract with Impregilo for lot 3 of the Sibiu-Orastie highway will be terminated. According to the official, the contract will be terminated in the following week.

2014, the year of the developers’ comeback, says Colliers International Romania

The Romanian land market is steadily growing in activity, fueled on one hand by the development of new large scale projects and ‘potentially last minute discounted land plots available’, on the other hand, according to a recent market report published by Colliers International Romania.

JLL Romania: A new real estate cycle is beginning

After Romania experienced the end of a 10-year real estate cycle last year, a new one is about to start, thinks Attila Peli, the head of development & land at JLL Romania.

Sectorul construcţiilor a scăzut cu 3% din PIB în criză

Piaţa construcţiilor, un sector de 8-9 miliarde de euro anual, care ar fi trebuit să imprime pe timp de criză o creştere economiei româneşti, a ajuns să aibă o contribuţie în PIB de doar 7,9% anul trecut.
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