Last week, on November 5, Oil Terminal obtained the tax warehouse permit from the Finance Ministry. The ministry’s commission for the authorization of harmonized excised products issued for the Movila Sara platform’s storage tanks 18S and 38S a permit to operate as warehouse for energy products (E420 unleaded gasoline), establishing a guarantee of RON 22,997,493. The storage tanks will cover the flow of gasoline from Romania’s refineries to maritime ships, for export or intra-EU operations.
Logistics demand is directly tied to general economic conditions, and following a turbulent period the industry has been relatively stable for the past years. In this current state of stability, the time has come to focus on the next cutting edge innovations: logistics and supply chain management are facing another technological revolution.
Swiss technology company Hamilton Central Europe inaugurated a new facility in Romania last week. The new unit, which required an investment of EUR 10 mln and covers 9.5 hectares, is located in Giarmata, Timis county, in western Romania.
Both the development and take-up of industrial parks in Central Europe is continuing and slightly accelerating in comparison with last year, according to research from Cushman & Wakefield.
Kimball Electronics, a US company that supplies electronic components to the industrial, automotive and medical sectors, opened a factory at the Olympia industrial park in the town of Remetea Mare near Timisoara Airport.
Over 230,000 sqm of logistics and industrial space was leased in Romania in the first nine months of 2015, almost half of which was leased in capital Bucharest and the western city of Timisoara, according to data from real estate services firm JLL. Retail, car parts manufacturers and logistics operators were the most active players, said JLL representatives.
CTP and logistics company Quehenberger Logistics ROU SRL agreed a lease deal for the recently acquired CTPark Bucharest West (formerly Prologis park). CTP has concluded a deal whereby Quehenberger committed to lease warehouse space with total let-able area of 19,450 m², split in two buildings marked BUW 7 and BUW 8.
Industrial production prices for the total market (domestic and external) registered falls in September 2015, both compared to the previous month (0.3 percent) and year on year (2.8 percent), a report from the National Institute for Statistics shows.
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