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Warehouse Market News

Evomag doubles the warehouse capacity and opens a new showroom

Evomag inaugurates a new headquarter and a showroom and doubles the warehouse capacity. The measure follows the company’s sales growth and at the same time, is part of a preparation strategy of Evomag for Black Friday and for the busiest season of the year. The relocation involved a total investment of 100,000 euros.

Swiss group opens sensors factory in Romania’s Sibiu

Swiss group Polycontact opened a new sensors factory in Ocna Sibiului, Sibiu county.

German group Leoni plans to invest in new factory in Romania

German group Leoni plans to invest in a new factory in Suceava, northern Romania, said the deputy mayor of Suceava, Marian Andronache. The plant will create 1,000 jobs, 70% of which will be for women, according to local website Suceava News.

The Polish Investors Forum is coming on October 3rd and it’s not to be missed!

Building on the tradition of previous events in the Country Focus series, Business Review is organizing the first edition of Polish Investors Forum, on October 3rd at the Hilton Athenee Palace Hotel.

Chinese firm plans USD 30 mln plant investment in Brasov for car parts maker

The company Ningbo HuaXiang Electronic Co Ltd from China, which is active in the cars components field, will invest USD 30 million in Brasov, in a new production hall, which will manufacture spare parts and accessories for German Mercedes cars.

Agricola Bacau has invested EUR 5 mln for production expansion at its plant

Salbac company, part of the Agricola Bacau group, will expand its production capacity for crude-dry salami with almost 1,000 tonnes until 2020, after launching a new production unit on Thursday, following an investments of EUR 5 million.

CTP investments at over EUR 250 million in Romania

CTP’s portfolio of A-class industrial properties exceeds 500,000 square meters in Romania and the company is planning to extend the portfolio to 1 million sqm by 2018. CTP has made local investments worth over EUR 250 million.

Romania’s car market sees highest increase in Europe

Romania’s car market saw an annual growth of 68.6% in August, the highest increase in Europe. Over 12,400 passenger cars were registered in Romania in August, compared to only 7,300 units in the same month last year.

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