PepsiCo, a leader in the food and beverage industry, announced a USD 13 million investment in installing a fully automated production line at its soft drink factory in Dragomirești, Romania. The move is aimed at strengthening the company’s position as a regional production and distribution hub for Central and South-Eastern Europe.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 13,000 sqm of production space at CTPark Deva II in western Romania to leading Chinese automotive component company KSHG Auto Harness.
Mediapost Hit Mail, the largest direct marketing company in Romania, has leased 19,000 square meters of space including warehousing and office area in Chitila Logistics Hub, the industrial park developed by Global Vision and Globalworth. In this modern space being part of the park located near the Bucharest ring road, the company will operate logistics and e-commerce services for companies in the retail, FMCG, energy and services sectors.
Romania’s real estate market prepares to end a “decent” year, with intense activity in the industrial sector, but also with a decline in economic dynamic and a significant decrease in investment market activity, as Colliers consultants predicted at the beginning of the year, in their report “Top 10 predictions 2023”.
Regency Front, one of the largest manufacturers of MDF fronts, has invested 6 million euros in a new line dedicated to painted doors, with last generation technology and equipment. Production capacity reaches 700 m2/exchange and also integrates, at the same time, the largest lacquer line in Romania and fully automated edge sanding or primer application machines. The final products are dedicated to both B2B customers and end consumers.
Leading construction firm Mantor General Contractor has joined forces with Engineering 2K S.p.A, a renowned industrial and logistics construction company, to create Mantor E2K, a collaborative venture aimed at revolutionizing the landscape of industrial and logistic construction in Romania.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased over 1,800 sqm of warehouse and offices in CTPark Bucharest North for HELL ENERGY Romania, a fast-developing FMCG brand’s Romanian company, which quickly became a prominent player on the international energy drink market, being the market leader on many of them, Romania included.
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