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Articles

Symmetrica invests EUR 1.5 mln in new production line for its factory in Bistrita-Nasaud

Romanian pavers and vibropressed borders manufacturer Symmetrica will invest EUR 1.5 million for expanding its plant in Sintereag, Bistrita-Nasaud county, for a new production line.

Flanco rents 5,000 sqm in H. Essers logistics center near Bucharest

IT retailer Flanco rented a surface of 5,000 square meters in the H. Essers logistics center near Bucharest, in order to cut down on the time wasted for supplying its stores. Flanco will save 24 hours on supply, the company announced.

Romania’s industry sales maintain upward trend in July

Romanian industrial sales rose in July from a month earlier, boosted by higher demand in the manufacturing sector, the country’s statistics institute INS said Monday.

Cargus launches new delivery service from EU countries to Romania

Cargus announced on Thursday it will launch a new delivery services for packages sent from European Union member states to Romania, with payment on delivery. The new service include international deliveries with a single coin and a single bill.

P3 agrees €523 million purchase of Czech logistics portfolio to add 627,000 sq. m to pan-European platform

PointPark Properties (P3), the specialist owner, developer and manager of European logistics properties, has agreed to buy 627,000 m2 of logistics warehouses and associated development land in the Czech Republic from two funds advised by Tristan Capital Partners and VGP for €523 million.

Azomures announces EUR 220 mln investments by the end of 2015

Fertilizer producer Azomures will run EUR 220 million investments by the end of 2015 in order to become compliant with upcoming environment regulation which will be enforced starting with 2016.

Pfizer Romania invests USD 4.5 mln in its packaging unit in Cluj-Napoca

Pfizer Romania is expanding its operations in Romania by investing in its packaging site in Cluj Napoca, Ferrosan. The facility was acquired by Pfizer in December 2011 and since then, Ferrosan’s activity focused on packaging of food supplements.

Euro Insol sells MLP Bucharest Sud logistics park for EUR 14.2 mln

Euro Insol has, the liquidator of bankrupt MLP Bucharest Sud, has sold the company’s asset – the MLP Bucharest Sud logistical park – for RON 62.5 million (approximately EUR 14.2 million) to AGI-RRE Hera, according to Mediafax.
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