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Warehouse Market News

Romania’s Competition Council approved Dalli Group – P&G detergent plant deal

Romania’s Competition Council recently approved Dalli Production Romania’s acquisition of a detergent manufacturing plant from Timisoara.

EU not to finance M4 highway linking Hungary and Romania

According to press information, the Hungarians have bigger problems than Romanians in what concerns the financing of the M4 Highway that goes from Budapest to Bors (Romania) and then Targu Mures.

Romanian chemical fertilizer sells 66% of production locally

Romanian chemical fertilizer producer Azomures Targu Mures sells 66% of its production on the local market, but it plans to reach 80%.

Managers eye business growths in manufacturing, constructions, retail and services

Romanian companies’ managers expect in the next three months business increases in manufacturing, constructions, retail and services and a relative stability of prices, except for retail which is to grow moderately, according to the National Statistics Institute (INS) data.

Logistic companies will continue investments, without significant economic growth

Logistic companies will continue investments in 2015, although they do not expect a significant economic growth in the following period of time. Demand for such services, coming from both Romanian and foreign companies, is on the rise.

Kaufland expanded its warehouse in Turda and nears 20 ha of logistic facilities

German retailer Kaufland, the leader of the local trade, with turnover estimated to EUR 1.9 billion last year, expanded its warehouse in Turda with 7,000 sq. m, reaching a total warehouse capacity of 77,000 sq. m in the locality.

Holcim Lafarge merger rejected by Holcim’s second-largest shareholder

Russian businessman Filaret Galchev, who owns a 10.8 percent stake in Switzerland’s cement producer Holcim has rejected the takeover offer that France’s Lafarge has made for Holcim, a Swiss newspaper quoted by Reuters reported on Sunday.

Continental creates 1,000 jobs new jobs in Romania

German automotive manufacturer Continental will create 1,000 jobs in Romania this year.

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