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Warehouse Market News

Auto parts industry, among the most dynamic sectors, with 600 operational plants in Romania

Although there are only two car assembly plants in Romania, namely Dacia Mioveni and Ford Craiova, the auto parts industry is very diverse and dynamic. Parts and components for almost all brands of German auto vehicles are manufactured in Romania.

Romanian metal tile producer opens new production line with EUR 1.5 mln

Metal tile producer Depaco will open a new production line in its factory in Baicoi, in Prahova county, as part of a EUR 1.5 million investment program.

Blackstone could enter Romania by buying Immofinanz’s logistics portfolio

Logicor, the European logistics division of the global asset manager Blackstone, is in exclusive talks for acquiring the entire portfolio of logistic spaces put up for sale by Austrian real estate developer Immofinanz, including the ones in Romania.

A plot exceeding 470,000 sq. m in Arad, on auction starting EUR 6.3 million

The plot is suitable for residential or industrial construction and is situated in the area of Arad Ring Road.

Transilvania Construcţii to create three real estate leasing companies

Real estate developer Transilvania Construcţii , controlled by the Timofte family, will associate with one of the owners in order to create three companies for leasing and subleasing properties.

Former head of Volumetric Romania, operations manager at CTP Invest

Logistics park developer and operator CTP Invest brought Dan Fleșariu to the team running the operations in Romania, the former country manager of the Spanish developer Volumetric.

Romania’s exports reach new all-time high

Romania’s exports amounted to over EUR 32 billion in the first seven months of the year, posting a new record. The imports, however, were higher, totalling EUR 36 billion, according to recent data from the National Statistics Institute INS.

Paper and cardboard producer Vrancart Adjud to invest 10 mil. € in production growth

Vrancart Adjud (VNC), controlled by SIF Banat-Crişana (75%), has planned for this year investments of nearly EUR 10 million for the efficiency and production capacities growth.

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