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Warehouse Market News

The Europharm medicines factory in Braşov restarted production, run by two local investors

The brothers Attila Santa and Nandor Santa, who took over at the end of 2017 the Europharm medicines factory in Braşov, closed in December 2015 by the British at GlaxoSmithKline (GSK), started production and are selling to pharmaceutical companies in the EU, but also to extra-community customers.

MLP Group launched the construction of a logistics park in Romania

MLP Group commenced the construction of its first logistics park in Romania. Work on a 12,000 m2 facility is currently underway. In total, over 22,000 m2 of modern warehousing space will be constructed at this stage of the project.

Former Textila Dacia factory in northern Bucharest is still for sale

The Transilvania Insolvency House (CITR) sells the land belonging to the former Textila Dacia factory in Bucurestii Noi, an area of over 52,000 square meters, with potential for a large real estate project.

Soceram to invest 20 million euros in the new building materials factory in Cordun, Neamt

Soceram building materials producer will inaugurate, by the end of this year, the new BCA factory currently in development in Cordun (Neamt County).

M&A market in Romania in 2019: 100 transactions, NPLs will continue to decline

The merger and acquisitions market will total around 100 transactions in 2019, keeping a similar trend to that of the 2008-2018 period, according to Deloitte Romania.

American company Transcendia buys a plastic packaging factory near Bucharest

The American company Transcendia, a supplier of plastic packaging, acquired the Romanian manufacturer Industrial Mecano Import Export (IME) of packaging systems and materials, a move that strengthens its position on the packaging segment for the food industry.

Start for ELI PARK 1, an investment of EUR 25 million near Bucharest

Element Industrial, the real estate developer focused on industrial and logistic segment, announced it has received the building permit for ELI PARK 1 and has started the construction works.

Dunwell conquers 15% of the market in the first year

After only an year since its establishment, Dunwell, the first and only brokerage agency specializing exclusively in Romania's industrial and logistics segment, has achieved the performance to exceed its original goals.

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