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Warehouse Market News

Romanian construction market will reach a record of the last decade

Construction sector business will be closer to 30 billion lei this year (EUR 6.5 billion), equivalent to an advance of over 3 billion lei compared to the level of 2016, a record for the last decade, according to experts from Arabesque, the distributor of construction materials.

A Chinese manufacturer of electric cars could open a factory in Romania

A Chinese car producer in the Geely group wants to build an electric car factory in the region and, after initially considering several countries in the Eastern Europe, has now reduced the list to just two, Slovakia and Romania.

Retailer dm drogerie markt invests 13 million euros in a new headquarters and distribution center in Timisoara

German network dm drogerie markt will invest 13 million euros in a new headquarters and a distribution center in Timisoara.

Car parts manufacturer Opsan rents 5000 m2 in CTPark Pitesti

Opsan, a Turkish manufacturer of components for the automotive industry, leased an area of 5,000 m2 in CTPark Pitesti, owned by CTP, the largest developer and long-term administrator of premium industrial and logistics parks in Romania and Central and Eastern Europe.

Invetment fund Advent to buy Zentiva

Sanofi is in exclusive negotiations with the international investment fund Advent to sell its European generic drug division Zentiva, including operations in Romania (formerly Sicomed) for 1.9 billion euros, according to a company announcement.

CTP wins ‘Industrial project of the year’ and ‘Warehouse Developer of the Year’ at Europa Property SEE Real Estate Awards 2018

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, has won “Industrial project of the year” and “Warehouse Developer of the Year” distinctions in the Europa Property SEE Real Estate Awards 2018.

Auto parts producer TRW Automotive to close factory in Baia Mare, Romania

The auto parts factory in Baia Mare of the American manufacturer TRW Automotive is about to shut down its production and the staff will be sent to unemployment.

TransLogistica Expo - The Greatest Event in Transport, Logistics, IT and Supply Chain!

At the 4th edition, the EXPO TransLogistica exhibition is without a doubt the largest event dedicated to transport, logistics, IT and Supply Chain in Romania and we hope in the Region and it is organized between September 26-28 at Romexpo Bucharest.

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