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Warehouse Market News

Turkey’s Kastamonu invests 70 million lei in an adhesive factory in Reghin

The company Kastamonu Romania (former Prolemn) from Reghin, controlled by the company Kastamonu Entegre, one of the most important players in wood industry from Turkey, will start this year an investment project of approx. 70 million lei (EUR 15 million) for the construction of industrial adhesives factory.

State Assets Management Authority plans to privatize 35 companies this year

The State Assets Management Authority (AAAS) plans to privatize 35 companies this year, after having concluded in 2014 nine stock sale contracts, shows data supplied at the request of Agerpres.

Ireland’s CRH to buy Lafarge Romania’s assets as part of global merger with Holcim

Irish building supplies group CRH will pay a total of EUR 6.5 billion (USD 7.4 billion) to buy assets belonging to Swiss Holcim and French Lafarge in order for the two giants to obtain regulatory approval for their planned merger, it was announced on Monday.

P3 Completes Acquisition of 467,000 m2 of Warehouses from CA Immobilien

P3 Logistic Parks, the specialist owner, developer and manager of European logistics properties,has completed its acquisition of two logistics parks in Poland and one in Romania, with a combined total of 467,000 m2 of lettable space, from CA Immobilien Anlagen AG.

American electronics group to open new factory in Romania

American electronics producer Kimball Electronics plans to expand its capacity in Europe by opening a new plant in Romania.

Romanian-Hungarian joint venture to produce locomotives

Craiova-based locomotive producer Softronic and the Hungarian group LAC Holding have signed a joint-venture to build locomotives in Hungary.

P3 signs leases for 25,445 m2 of space with Fiege at P3 Mszczonów in Poland

P3 Logistic Parks, the specialist owner, developer and manager of European logistics properties, has agreed leases for 25,445 m2 of space at its Mszczonów park near Warsaw with Fiege Group, one of Europe’s largest supply chain contractors.

Nine companies win tenders for Campia Turzii – Targu Mures Highway

Nine companies have won the tenders for the construction of the 56.5-kilometer Campia Turzii – Ogra – Targu Mures Highway, as part of a project whose total value surpasses RON 1.164 bln, a project financed from non-reimbursable European funds.

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