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Over 1200 investments in logistics projects announced in 2019

In 2019, a total of 1203 industrial projects were identified and monitored, projects focused on the development of storage facilities (logistics spaces and logistics parks), according to victa.ro.

RENAULT Romania announces an investment of 100 million euros for Dacia factory

Dacia, the largest company in Romania, is preparing new models, according to Christophe Dridi, general manager of Automobile Dacia and Groupe Renault Romania, who emphasized that from September 2020 will increase the production of the factory to 400,000 cars, by investing 100 million euros.

Continental, an investment of 27 million euros

Continental, a technology company, has begun work to expand the existing office building. The building was designed for up to 1,700 seats, as well as a full test and validation area for products developed within the company.

The real estate consultancy market in Romania, estimated at about 80 million euros

RE/MAX Romania estimates that the real estate market in Romania has reached about 80 million euros. At the same time, given the rise in European industry figures, which also influence local trends, along with steady growth signals in recent years, experts estimate that this segment has a doubling potential in about 5 years.

Avon to sell its distribution center in Chiajna, near Bucharest

Cosmetics manufacturer Avon Romania has put up for sale the distribution center in Chiajna with the intention of renting back the property for 10 years.

Interview

Interview with Claudiu Bisnel, Partner Brisk Group

„In an industry where the present is still fighting with the past, we chose a completely different side. We chose the future.” This is the business card of Brisk Group, a company specializing in consulting services in the construction industry with offices in London, Bucharest and Chișinău, working and developing thinking about the FUTURE of consultancy in the construction industry.

Interview with Attila Gorbai, General Manager of Tenrom

Tenrom company has been the exclusive importer of TENNANT equipment for the Romanian market for almost ten years. Cleaning industry professionals and industrial and logistics operators are well aware of what this means. The focus on equipment quality service, the flexible market approach and Tenrom's professionalism recommend the business without any introduction.

Tenants

Date	Business Center	Tenant	m2	Agency
2018 Q4	CTPark Bucharest West	DB Schenker	21000
2018 Q4	CTPark Cluj II	Ursus Breweries	9000
2018 Q1	First Property Tureni	Teconnex	2800
2017 Q4	HALA INDUSTRIALA si BIROURI Galati	0	4500	SC FIGRAN SRL

Date

Business Center

Tenant

Agency

2018 Q4

CTPark Bucharest West

DB Schenker

21000

2018 Q4

CTPark Cluj II

Ursus Breweries

9000

2018 Q1

First Property Tureni

Teconnex

2800

2017 Q4

HALA INDUSTRIALA si BIROURI Galati

4500

SC FIGRAN SRL

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Custom warehouse

There are 6 types of Customs Warehouse permissable in the EU. These are labelled A - F. The Langdon Warehouse Module can be used for any of the warehouse types. Type A: a public warehouse where anybody can store their goods and where the warehouse keeper is responsible for fulfilling the obligations arising from the placing of goods under the Customs Warehouse procedure. Type B: A public warehouse where anybody can store their goods and where the depositor is responsible for fulfilling the obligations arising from the placing of goods under the Customs Warehouse procedure. Type B warehouses are often used by stevedores, agents and transport companies in ports to store goods for a limited time until the means of transport has arrived to further distribute the goods to the place of destination. Type C: A private warehouse where only the warehouse keeper can store goods, where the warehouse keeper is the same person as the depositor but is not necessarily the owner of the goods. Type D: A private warehouse where only the warehouse keeper can store his goods, where the warehouse keeper is the same person as the depositor but is not necessarily the owner of the goods. In contrast with the other warehouse types the Import Duties are calculated based on the rules of assessment ascertained or accepted at the time when the goods are placed under the Customs Warehousing system. This type of warehouse is quite similar to a type C warehouse Type E: A private warehouse where only the warehouse keeper can store his goods, where the warehouse keeper is the same person as the depositor but is not necessarily the owner of the goods. For this type of warehouse it is permitted to place the goods under the Warehouse Procedure without them being physically stored in a Customs Warehouse. This type of warehousing requires a high level administrative organisation including inventory records, as the physical location of the goods is not the key factor, but the fact that the goods are entered in the warehouse records. Customs must be able to follow the goods through the records system. This type of warehouse is the most sophisticated type which gives maximum flexibility to the warehouse keeper, but also requires a high level records system. Type F: A lic warehouse where anybody can store their goods, which is operated by the Customs authorities. This type of warehouse is very rare.

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Over 1200 investments in logistics projects announced in 2019

RENAULT Romania announces an investment of 100 million euros for Dacia factory

Continental, an investment of 27 million euros

The real estate consultancy market in Romania, estimated at about 80 million euros

Avon to sell its distribution center in Chiajna, near Bucharest

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10/7/19 - 10/9/19

Interview

Interview with Claudiu Bisnel, Partner Brisk Group

Interview with Attila Gorbai, General Manager of Tenrom

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