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Warehouse Market News

Pipe producer TMK Artrom Slatina borrows EUR 25 mln from BCR

Steel pipe producer TMK Artrom Slatina, controlled by Russian group TMK, received a seven-year loan worth EUR 25 million from Romania’s largest lender BCR to increase its production capacity.

Mecaplast opens plastic parts factory in Romania for new Duster model

French group Mecaplast, specialized in the production of plastic car components, will open a factory in Romania this year to produce components for Dacia’s new Duster model, said Xavier Fouineau, Mecaplast Romania Country Manager, reports local Hotnews.

CTP has investment plans of EUR 250 million in Romania in the following two years

CTP, one of the largest investors in logistics and industrial spaces on the local market, has in plan to invest a quarter of billion Euros in Romania in the following two years, says Remon Vos, CEO of the company.

Industrial output decreased in December

Industrial output decreased in December, and the number of employees indicator shows that companies have carried out redundancies amidst temporary contract employees, shows the Industrial Barometer in Romania conducted by IRSOP Market Research and The National School of Political Science and Public Administration (SNSPA), sent to ACTMedia.

Unemployment rate reaches lowest level after 2008 in Romania

The number of unemployed people in Romania significantly dropped in December last year, by 14,444 compared to the previous month, reaching 506,758. It is a new minimum level after the onset of the economic crisis in 2008.

Consumption and auto part industry growth lead to more than EUR 130 million investments in new logistics facilities in Romania

The logistics sector reached in 2016 a total volume of more than 2.5 million sqm in Romania, as the developers have delivered nearly 350,000 sqm.

Ecommerce in Romania: €1.8 billion in 2016

Ecommerce in Romania was worth 1.8 billion euros last year, which corresponds to an increase of 30 percent compared to the situation in 2015. According to ecommercenews.eu, this figure represents only the online sales of products. Consumers in Romania made on average 8.4 online purchases in 2016, slightly more than one year before.

Business Lease Romania: 1st position in car fleet management in 2016, with 27% market share

Business Lease, one of the most important providers of mobility services (operational leasing and car fleet management) on the Romanian market, prepares for a more digitalized and responsible oriented year, and trusts that the major cities of Romania are the next big engine for economic development of the country.