At the end of 2019, Yale Europe Materials Handling launched the state-of-the-art expansion of its product range with the introduction of four new low-intensity forklifts. After studying current market trends, Yale discovered a demand for materials handling products that are designed to provide high levels of efficiency and productivity, but are only used for short periods at a time.
The market of industrial spaces continues to develop in the western part of the country, after the stock has doubled in the last 10 years, becoming the second largest market after Bucharest, according to CBRE data.
WDP, developer of logistics and industrial spaces with Belgian capital, plans to develop 10,000 sqm of warehouse spacenear Bucharest, in Ştefăneştii de Jos (Ilfov county) for sports retailer Decathlon.
Overall, industrial and logistics take-up increased some 40% in the first three quarters of 2019, to 306,300 sqm, but this figure is nearly 27% below 2017’s same period. 2019 still looks like a solid year overall (including the fourth quarter).
Vivre has taken over a new logistics warehouse with a total area of 6,500 m2 and a capacity of approximately 9,000 large pieces of furniture. The value of the investment in logistics reaches 500,000 euros.
The Chinese investment fund CEE Equity Partners made the payment to Brise Group, one of the largest agribusiness groups in Romania, in the transaction announced in April, for the modernization and development of cereal silos of the Romanian group.
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