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Warehouse Market News

Foreign Investors Council: In the search for new investors Romania must first convince the existing ones

The most recent results of the FIC Business Sentiment Index (carried out in March 2018) came to confirm the significant drop in trust recorded last year in spite of the fact that 54% of respondents are anticipating a growth in their revenues.

BSH Hausgeräte to build washing machine factory in Simeria, Romania

BSH Hausgeräte GmbH, part of Bosch industrial group of companies, bought a plot of land in Simeria, Hunedoara County, in prder to build a washing machine factory.

CTP extends its partnership with NOD in CTPark Bucharest West

CTP, the leading premium industrial park developer and long-term property manager in Romania and CEE, and NETWORK ONE DISTRIBUTION (NOD), the leader of the Romanian IT&C distribution market, expand their cooperation in CTPark Bucharest West, reaching circa 44,000 m² of logistics spaces leased in two buildings. A new agreement was concluded for an extension of approximately 14,000 m², situated in a new warehouse that will be finalized in Q4 2018. NOD already occupies over 30,000 m² of logistics spaces in CTPark Bucharest West that were delivered in 2017.

Ploiesti West Park, More Than EUR 800 Million Invested In 10 Years

An investment of more than 800 million euros over the past ten years, 50 large companies that offer jobs only a few kilometers away from Ploiesti, thousands of employees paid with competitive salaries, social involvement and development of excellent relations with the authorities and local community - this is the business card presented by the Belgian group Alinso, the developer of Ploiesti West Park, the largest industrial and business park in Southeastern Europe, when celebrating ten years of activity in Romania.

Land transactions in Bucharest have reached the highest volume in the last 10 years

The total area of land traded in Bucharest last year was 116 hectares, the highest recorded volume in the last 10 years.

Pirelli to expand its factory in Slatina with a new production unit

Italian tire manufacturer Pirelli will build a new production unit in Slatina on a land of over 6 hectares.

Bosch to invest EUR 25 million in a new Engineering Center in Cluj-Napoca

German company Bosch will open new headquarters of the Cluj-Napoca Engineering Center, following EUR 25 million investments.

ING and EBRD, EUR 96 million financing for CTPark Bucharest logistics park

ING Bank Romania and the European Bank for Reconstruction and Development (EBRD) finance with EUR 96 million the CTPark Bucharest logistics park, operated by the Romanian subsidiary of Czech real estate developer CTP, which owns the largest portfolio of logistics parks in Central Europe and East.