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Warehouse Market News

JLL: Real estate investors are considering Romania, but are careful regarding the political situation and corruption

The good macroeconomic situation of Romania is known by the foreign real estate investors, present at MIPIM, one of the world’s largest real estate events. However the immergence of the politics to justice, the corruption, the long terms of commercial related trials, as well as the timid presence of the local investors on the Romanian real estate market are among their concerns when thinking about investing in Romania, according to a JLL study.

Sink and furniture manufacturer Kuma Romania to invest EUR 800,000 in production and to expand its exports

Kuma Romania, one of the main local manufacturers of sinks, worktops and furniture for bathrooms and kitchens has ended 2015 with EUR 3.3 million turnover, nearly 10 pct. higher than the precedent year and has in plan a similar growth for this year, investments of EUR 800,000 and the increase of exports.

Dumagas to invest EUR 4 mln this year, sells food transport division

Romanian transport solutions provider Dumagas announced plans to invest EUR 3 to 4 million this year into modernizing the fleet in the area of international transport to tilt, national temperature-controlled distribution and building a more efficient IT and communication infrastructure.

Software company Misys, first tenant of Orhideea Towers in Bucharest, project developed by CA Immo

Investment fund CA Immo has pre-leased an area of 8,000 sq. m of offices in Orhideea Towers building to the financial software company Misys International Financial Systems, being the first tenant of the project developed near the metro station Grozăvești.

Rail Cargo Operator to launch a new service for South-Eastern Europe

Rail Cargo Operator launches a new intermodal rail service for combined unaccompanied transport between Germany and Romania.

Ford invests EUR 200 mln to start producing small SUV model in Romanian plant

American carmaker Ford will invest up to EUR 200 million to start producing a new model in its Romanian factory in Craiova.

Positive annual financial results for Gebrüder Weiss

International transport and logistics company Gebrüder Weiss has registered in 2015 a preliminary turnover of EUR 1.28 billion and a surplus of 3 pct., consolidating therefore its position on several markets and growing sectors.

Carrefour to occupy 10 hectares of warehouses in Romania starting this year

French group Carrefour, second player in food retail business considering its turnover, will reach this year a rented logistics capacity of 10.2 hectares, nearly 55 pct. higher than in present.

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