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Warehouse Market News

Appliance producer Arctic ups turnover by 18% in Romania

Arctic, the largest home appliance producer in Romania, recorded a turnover of EUR 396 million last year, up by 17.7% over 2014.

British aluminium parts producer Faist to expand production in Romania

Faist Mekatronic, which supplies parts for telecom infrastructure and auto industry, plans to expand the capacity of its plant in Oradea, western Romania, by 20%.

Romania’s government rolls out online platform to attract foreign investors

The government has launched a new website that includes key information about the business environment in Romania, in a move designed to attract and facilitate foreign direct investments in Romania.

New Director Investment Properties at CBRE Romania

CBRE, the leading global real estate advisor, informed on Thursday that Robert Paulson, MRICS, presently Senior Investment Analyst at JLL in the Czech Republic, would join its CBRE Romania Investment Properties team this July.

Flanco rented 10,000 on A1 highway near Bucharest for its main warehouse

Electro-IT retailer Flanco signed a lease with the logistics services supplier KLG Europe Logistics Romania for 10,000 sq. m warehouse situated at Km 23 on A1 Bucharest-Ploiesti highway.

FM Logistics puts EUR 5 million in Romania warehouse expansion

The Romanian subsidiary of French group FM Logistics, which provides transport and warehousing services, has expanded its warehouse platform in Petresti following a EUR 5 million investment.

Emerson invested 25 million dollars in its production unit in Oradea

American company Emerson, with global business exceeding 24.5 billion dollars and 115,000 employees, has recently opened in Oradea its second production unit on the local market, investment currently reaching nearly 25 million dollars.

Latvian group buys Romanian ice cream producer

Latvian group Food Union bought a stake of 70% in the local ice cream producer Alpin 57 Lux.

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