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Warehouse Market News

American Company Timken Invested $ 60 Million In The New Bearing Factory In Ploiesti

American company Timken invested 60 million dollars in its second factory in Ploiesti, Romania, where 120 people will work, said Andreas Roellgen, vice president of Timken Europe, Asia and Africa.

Works Starting on The Comarnic-Brasov Highway in Central Romania

The construction agreements being signed for the fifth section of the Comarnic-Braşov highway, the Brasov-Cristian section, and the Comarnic Belt, works on the two investment objectives should begin soon, unless contestations occur, has recently declared the Minister of Transport, Răzvan Cuc.

EMAG buys 80% of the shares of Sameday Courier

EMAG, the largest online store in the region, acquired 80% of Sameday Courier. Sameday Curier aims to accelerate the development of premium courier services nationwide by investing in technology, networking and teamwork.

Italian Prysmian Invested EUR 22 Million in Slatina Factory

Italian company Prysmian, active in the cable and power and telecommunication systems industry, will inaugurate next week in Slatina the second optic fibre cable factory in Romania.

Don’t Miss the Most Important Event for Specialists in Facility & Property Management!

The Facility & Property Management Conference will be held on June 15 at JW Marriott Bucharest Grand Hotel and will bring together owners, tenants and property and facility management specialists under the theme of SUSTAINABLE OPERATION OF BUILDINGS.

Industry Is Again The Driver Of Romania's Economic Growth

Industry rose again in the first quarter of this year, as industrial output grew by 7.3%, according to a press release from the Ministry of Economy, AGERPRES said on Wednesday.

Swiss Group Artemis Creates Industrial Cluster in Western Romania

Artemis Real Estate inaugurated on June 06, 2017, 13:00, the completion of the Sânandrei Industrial Park infrastructure and the construction of the first 4,000 square metre building, offices and warehouse, a property that has already found its first tenants.

Michelin announces investments of 33 million Euros in Zalau tires factory

The French group Michelin, which has invested over 400 million Euros in Romania, announces a new investment project for its Zalau factory. These are investments of 33 million Euros that will allow the production of new tire models for the intermediate market segment and will lead to the employment of 100 people by 2021.

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