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Warehouse Market News

ADM Farm’s warehouses near Bucharest for sale at EUR 4.2 million

Several warehouses of the insolvent drug distributor ADM Farm are put on sale for nearly EUR 4.2 million by CITR, the company’s judicial administrator.

Siemens Romania reaches EUR 157 million revenue in FY 2015

Siemens SRL saw revenue increase by 15 percent year-on-year on 30 September 2015, the end of the fiscal year, the total reaching EUR 157 million, according to a company press release. The growth was determined by the positive development of business in the automation market and the oil and gas sector, while segments such as the medical or transports stayed stable.

Most wanted zones in Bucharest for industrial spaces

Industrial market is very dynamic this beginning of the year and the vacancy rate is low, according to specialists who see a major interest for the segment of spaces with area between 500 and 2,500 sq. m.

Romanian drug producer plans over EUR 12 mln investments

Local drug producer Antibiotice Iasi wants to invest over EUR 12 million in new production units, laboratories as well as licenses for new products this year.

Three large home appliances producers announced EUR 160 million investments and 3,500 new jobs in Romania

De’Longhi (Italy), Kärcher (Germany) and Arcelik (Turkey) are opening the market for the development in Romania of a new industrial sector: home appliances manufacture.

Romania’s industrial property deals among highest in CEE, in 2015, says CBRE

2015 was a rich year for Romania’s industrial property, with three major transactions in this sector being among the top five largest in the CEE region, according to a report by CBRE, the property services company.

Dutch Palmer Capital sold 1 pct of Prebet

Dutch investment fund Emerging Europe Equity Capital Palmer sold about 1% of the capital of precast concrete manufacturer Prebet Aiud (PREB) through two transactions on Monday and Tuesday, for a total amount of nearly 100,000 lei.

DPD Romania ups turnover by 23%

Local courier DPD Romania posted a EUR 20.5 million turnover last year, up by 23% compared to 2014. The growth was related to a 33% advance in the volume of deliveries, according to the company.

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