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Warehouse Market News

Avicola Crevedia Sells Factories, Farms and Headquarters

Avicola Crevedia, part of Agroli group, put on Dutch bid sale its assets in Romania, including farms, factories and central headquarters.

CTP Grows Its Romanian Team: Daniel Căutiș, New Senior Business Developer

CTP is expanding its Romanian team by hiring Daniel Căutiș in the position of Senior Business Developer.

Tibbett Logistics to Increase its Bucharest Intermodal Terminal with 10,000 M2

Tibbett Logistics, the Romania-based transport and contract logistics specialist within The Keswick Enterprises Group, announces that this summer it will be making a substantial six-figure euro further investment in enhancing its open-access Bucharest International Rail Freight Terminal (BIRFT).

Michelin to Invest EUR 60 Million in Its Zalau Factory, Romania

French group Michelin will invest EUR 60 million to its metallic cord factory in Zalău, Michelin Zalău Cord, in order to increase the production capacity with fifty percent by 2019.

FAN Courier Expands Its Warehouse near Bucharest with EUR 8.5 Million

FAN Courier will invest EUR 8.5 million to expand its current warehouse situated in Ștefăneștii de Jos near Bucharest.

Penny Market Completed Its First Logistics Center in Moldova Area

German retailer Penny Market, operated by REWE group, invested EUR 19 million in the first logistics warehouse in Moldova, owned by a food retailer. The warehouse has 19,000 square metres and provides services for 45 Penny Market supermarkets in Romania.

First Property Group Sells EUR 3.2 Million Warehouse in Ploiesti, Romania

Investment fund First Property Group recently announced the sale of a warehouse to the company Aquila Part Prod, a transaction of EUR 3.2 million.

Daimler Opened New Factory in Romania, with EUR 36 Million Investment

The company Star Transmission, Romanian branch of Daimler group, has recently announced the opening of a new production unit in Cugir, Alba County.