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Warehouse Market News

Auto parts distributor Inter Cars rents warehouse in Piteşti

Auto parts and accessories distributor Inter Cars, active on the local market since 2008, rented a new building in Piteşti, Arges county, on 12 Depozitelor St., according to data from Romanian Official Gazette.

Alcatel-Lucent opens biggest global network operations centre in Timisoara

Alcatel-Lucent has opened the biggest global network operations centre in its new campus in Timisoara. The centre has a surface area of 5,200 square metres and was made possible by an investment of over EUR 2 M that went into IT and operational infrastructure.

AIC Industrial & Logistic Development will build two warehouses for Fashion Days

AIC International & Logistic Development will develop and deliver for Fashion Days on a built-to-suit lease arrangement a total of more than 13,700 sqm of class A warehousing space that will allow Fashion Days to meet the demand of its expanding operations over the medium terms.

CTP concludes purchase of Bucharest West Industrial Park

International investor and developer, CTP, has successfully concluded the purchase of the Bucharest West Industrial Park on the outskirts of Bucharest from Portland Trust. With the closing of this deal, CTP becomes the largest industrial developer on the Romanian market.

Ruukki factory in Giurgiu became temporary warehouse for eMag

Construction material producer Ruukki’s factory in Giurgiu, closed nearly one year ago, became temporary warehouse for eMag, the largest player in the local e-commerce.

German group invests EUR 10 mln to remove bad smell near tire plant in Romania

German car parts producer Continental Tires has completed an investment of EUR 10.5 million in its Timisoara factory for reducing the odours resulted in the production process.

Swiss group SAG buys majority stake in Romanian automotive distribution group

The Swiss Automotive Group (SAG) has bought a majority stake in Romanian Autonet group, an independent automotive spare parts distributor active in Romania and Hungary. The financial terms of the deal haven’t been disclosed.

Panattoni to join the industrial race to Romania

Panattoni Europe has hired a Romanian to begin the process of establishing the industrial developer in that country. Muler Onofrei, chosen by the Americans for the initiation of operations in Romania, has also established the local office for Prologis in 2006 and managed its activity for one year and a half. He was recruited by Panattoni Europe from the position of managing director for the Austrian developer Soravia Real Estate.

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