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Articles

Aerospace company Sonaca expands to Romania with new factory

The European Bank for Reconstruction and Development (EBRD) has allotted a US 8.5 million loan to the aerospace company Sonaca as it expands to Romania, boosting Romania’s “fast-growing manufacturing sector”, says a press release from the EBRD.

Romanian exports and imports increase by 4.1 and 7.2 pct, respectively, in Jan-Nov 2015

Between January and November 2015, exports and imports increased, FOB exports amounting to EUR 50.6 billion and CIF imports to EUR 57.8 billion, according to data from the National Institute of Statistics (INS).

EUR 10.3 million capital increase for Log Center Brașov

The capital of the company Log Center Brasov, the owner of a plot intended for a logistic project, part of the portfolio taken over in November by Blackstone from Immofinanz, was increase with nearly EUR 10.3 million.

Romania, the only EU country where industrial prices stall

Romania was the only EU member state where the industrial prices stalled in November 2015 compared to the previous month. However, the prices dropped by 2.3% year-on-year.

TRANSLOG Connect Congress 2015 - 2500 new connections

The end of November is an important time for logistics and supply chain management in CEE: each year, the top professionals and solution providers are coming together at the TRANSLOG Connect Congress in Budapest, to discuss the most important challenges, create new partnerships and shape the future of the industry.

Domestic market industrial prices in Romania drop 2.3 pct y-o-y in November 2015, says Eurostat

Romanian industrial producer prices on the domestic market remained stable in November over the previous year, while year on year there was a 2.3 percent drop, according to estimates from Eurostat, the statistical office of the European Union.

CTP acquires Hungarian portfolio

International investor and developer CTP, has successfully concluded the purchase of a portfolio of industrial real estate in Hungary. With this acquisition, CTP further increases its footprint in central Europe, with a Total Rentable Area exceeding 3,250,000 m² as of 1st January 2016.

Industrial real estate developer CTP invested EUR 300 million in Romania in one year

Industrial real estate developer CTP has invested last year EUR 300 million in development and acquisition of logistics projects in Romania and will continue over the following years the expansion on the local market by organic growth and acquisitions, has declared for MEDIAFAX Remon Vos, the company’s CEO.

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