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Warehouse Market News

The industry has overcome its contraction, but the gain was modest in February

In February, the industry's advance was modest, but managed to overcome contraction, the recovery being driven by increased domestic demand and rising exports, according to the Industrial Barometer of February 2018 by IRSOP and SNSPA.

CTP appoints Andreea Odovîncă as Chief Financial Officer for Romania

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, has appointed Andreea Odovîncă as Chief Financial Officer (CFO) for Romania. She will be responsible for ensuring the efficiency of financial functions, the quality of the information provided by the department, staff development and performance management.

New logistics centers for DPD Romania and business up 20% in 2018

Courier company DPD Romania estimates a 20% increase in turnover in 2018 and more than 11 million parcels delivered during the year, following EUR 1.5 million last year investment in expanding logistics and software.

Sennheiser will build a factory in Braşov, Romania

Sennheiser, one of the world leaders in the production of headphones and audio equipment, plans to complete the construction of a new production facility in Romania later this year.

Dunwell, new specialized agency in the industrial segment of the real estate market in Romania

On a market that has accelerated in the past two years, both as a volume of stocks and as a number of transactions, Dunwell, the first brokerage agency in Romania specializing in the industrial segment of the real estate market, was launched. The goal of the agency for the first year is to achieve a market share of 10%.

CTP expands its cooperation with FRÄNKISCHE Romania in CTPark Turda reaching a total of over 10,000 m²

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, and the German producer of pipes, shafts and system components made of plastic and metal FRÄNKISCHE, expands their collaboration in CTPark Turda exceeding 10,000 m² of logistics spaces. This surface was reached after the construction of a new building of circa 7,000 m², as an expansion of the one the German company already occupies since 2015.

Net investments in Romania amounted to 77.964 billion lei in Romania

Last year's net investment in the national economy amounted to 77.964 billion lei, up 6.4% year-on-year, according to data released by the National Institute of Statistics (INS).

Leading UK manufacturer Teconnex leases space at First Property-owned warehouse in Tureni, Romania

First Property Group plc, the property fund manager and investor with operations in the United Kingdom and Central Europe, is pleased to announce that it has entered into a lease with Teconnex Ltd, for around one-third of its warehouse in Tureni, Romania. The rent payable by Teconnex amounts to some €135,000 per annum.

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