Ford Otosan, the largest commercial vehicle manufacturer in Europe, will take ownership of U.S group Ford’s Craiova plant and production activity in Romania, a process conditioned by the approvals from the relevant authorities.
Caroli Foods Group, the market leader in meat products, with a profile factory in Pitești, partners with Globalworth in Pitești Industrial Park, a project developed under the umbrella of Globalworth Industrial. The area of the warehouse that will serve Caroli Foods Group throughout Romania is approximately 6,800 square meters and the lease agreement was signed for a period of 10 years.
The local logistics sector has not only shown resilience during the pandemic, but went on to benefit from consumer and business reactions to the sanitary crises. Thus, the leasing activity in 2021 has exceeded the 1 million sq. m threshold for the first time in the market’s history. Net take-up accounted for over 80% (802,000 sq. m) of the transacted volume and continues to be the main driver of the market, according to the Cushman & Wakefield Echinox real estate consultancy company.
Knauf Insulation, one of the largest players on the insulation materials market, part of the Knauf Group, announces the signing of the contract for the purchase of the Gecsat S.A. mineral wool factory in Târnăveni, Mureș County. The acquisition of the factory in Târnăveni aims to support deliveries to Knauf Insulation customers in the ever-growing markets of Romania, Eastern Europe and the Commonwealth of Independent States (CIS).
CTP bought from Dan Şucu the Mobexpert project from Târgu Mureş, located in the Mureş Industrial Park near the local International Airport, with an area of 25,000 sq m, which includes both storage and production facilities.
TOPBAND Europe has rented 11,000 sqm area of industrial spaces in the Olympian industrial park in Timișoara. This transaction represents the entry of the Chinese company into the Romanian market.
CTP, the largest owner and developer of industrial and logistics spaces in Romania, has concluded a partnership for the next 5 years with Tuborg Romania. CTP will develop in CTPark Bucharest North, a project located in the Ștefănești area, a dedicated warehouse of 10,300 m2 that will be customized to meet the client's needs.
CTP, the largest developer and administrator of class A logistics and industrial spaces in Romania, with a portfolio of approximately 1,850,000 sqm, has just acquired another 153,000 sqm of industrial spaces expanding its portfolio in Brasov, and enlarging its presence in Timisoara and the South of Bucharest, thus becoming present in 13 cities.
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