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Warehouse Market News

CTP: Romania becomes attractive to foreign production companies

Czech logistics facilities developer CTP had last year revenues of EUR 21 millions from rents on the local market, namely 10 pct. of the total business of the group.

Romanian DYI Dedeman chain buys 29% stake in local bricks manufacturer

Dedeman, the biggest do-it-yourself (DIY) retailer in Romania, bought a 29% stake in local brick manufacturer Cemacon for RON 10.2 million (EUR 2.26 million). The investment is part of Dedeman owners’ strategy to diversify their business portfolio.

FM Logistic innovates in the field of solutions for the e-commerce

In order to optimize the preparation of the online orders from the storage spaces, FM Logistic together with its partner Balea, a specialist in logistics solutions, have developed an innovative solution dedicated to the online commerce: e-Shopeur, FM Logistic has recently announced.

Bulgaria and Romania have lowest minimum wages in EU

The gross minimum wage expressed in euro has doubled in Bulgaria and Romania in the last nine years but the two Eastern European countries still had by far the lowest minimum wages in the European Union on January 1, 2017.

Ford Romania increases production for B-Max model

Ford Romania, which owns a car factory at Craiova, in Southern Romania, will increase the production capacity for the B-Max model starting March, from 250 cars per day to 280 units, according to sources in the plant, cited by local Ziarul Financiar.

Romania’s industry turnover up by 4.7 pct in 2016

The turnover of companies in the industrial sector went up by 4.7 percent in 2016, at a double rate compared with 2015, taking into account that the manufacturing industry supported the businesses, shows the data published by the National Institute of Statistics (INS).

Romanian bricks manufacturer Cemacon records best year in its existence

Bricks manufacturer Cemacon Cluj-Napoca (CEON) recorded a turnover of EUR 19.2 million in 2016, up 28% over the previous year, and its net profit grew from EUR 150,500 to EUR 1.1 million.

ROKI takes 5,500 sqm at CTPark Arad

ROKI, the Japanese manufacturer of automotive filters, signed a lease on 5,500 sqm at CTPark Arad. This is the company’s first production facility in Europe.

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