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Warehouse Market News

P3 to extend VF Corporation’s European distribution hub at its Prague D8 logistics park

Pan-European logistics real estate owner P3 has signed an agreement to develop a 23,445m2tailor-made building next to VF Corporation’s existing 40,000 m2premises at theD8 logistics park to the North of Prague. The deal comes just eight months after P3 completed the 40,000 m2Phase 1 warehouse for the company and will take VF’s total representation at P3 Prague D8 to over 106,000 m2.

Largest companies in southern Romania. Dacia occupies first position

Local car producer Automobile Dacia Pitesti ranked first among largest companies in southern Romania last year, based on turnover, according to financial consultancy platform RisCo.ro.

Dacia reaches 500,000 Energy TCe 90 engines milestone

Dacia Mechanical and Chassis plant has produced until July 2015 500,000 Energy TCe 90 engines, announced the company.

Record Levels of Investment in European Industrial Market in Q2 2015

The European Industrial and Logistics market experienced record levels of investment in Q2 2015 with the total volume reaching €6.1 billion, reports the latest analysis of CBRE.

Romania’s biggest exports of goods and services go to Italy and Austria

Romanian entrepreneurs who are selling their products and services on international markets are registering the biggest sales in Italy and Austria, while making the biggest purchases from Poland, according to a survey remitted to Agerpres on Thursday.

Prologis sells logistics park near Bucharest to Czech group CTP

American group Prologis, the biggest industrial space owner in the world, recently sold the logistics park Prologis Park Bucharest A1 to Czech group CTP. The deal’s value was close to EUR 50 million, reports local Capital.ro.

Azomures, close to finalize EUR 240 million modernization process

On the 19th of November, Azomures will celebrate, through an event organized in Tirgu-Mures, the finalization of the most ample modernization process in the history of the fertilizers’ producer.

British pallet carrier expands to Romania

British company Palletways, specialized in pallet delivery services, has expanded its operations to Romania and Bulgaria.

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