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Warehouse Market News

Czech group P3 expands largest logistics park in Romania with new building

Czech group P3, a specialized investor, developer and manager of European logistic properties, started in late-September the speculative construction of a new building within the P3 Bucharest logistics park.

The U.S. Embassy has selected Romina Furniture as its September 2015 Entrepreneur of the Month

Children's furniture producer Romina Furniture was awarded, on Tuesday, the title of September's Entrepreneur by the U.S. Embassy in Bucharest.

Siemens to open a new wagon parts factory in Sibiu

Siemens started the construction of a new factory in Western Industrial Area of Sibiu.

Volkswagen scandal may affect Romanian automotive exports to Germany

The negative impact of the Volkswagen scandal connected to pollutant emissions from their diesel cars should have a limited effect on Romania, according to an analysis Erste for the CEE region.

Italian furniture producer borrows EUR 10 mln from Romania’s Eximbank

Furniture producer Italsofa Romania took a EUR 10 million credit line from local lender Eximbank. It will use the money to carry out its current activity, according to the bank.

Romania is logistics investment hotspot, CBRE says

Interest in the industrial sector remained firm throughout the first 8 months in 2015, the Romanian investment market’s enthusiasm for warehouse and logistics properties resulting in a total investment volume of EUR 260.6 million, according to a CBRE analysis.

Best Forklift Driver 2015 Contest

We have the pleasure to invite you to the great challenge Best Forklift Driver 2015, the competition launched by TransLogistica – the most important transport and logistics exhibition in Romania.

European Commission approves EUR 40 mln financing for DN 14 rehabilitation

The European Commission has approved the payment of EUR 40.7 million to Romania, representing funding from the European Regional Development Fund (ERDF) and the Cohesion Fund project of rehabilitation of DN 14 – part of the Transport Operational Programme.