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Warehouse Market News

DeLonghi to hire 170 people for its Jucu factory in Cluj county

Electrical appliance producer DeLonghi is planning on hiring 170 people for its factory in Jucu, Cluj county. For this purpose, the Italian company will hold a recruitment session on Wednesday.

The movements of 2014 in constructions: the French go away, the Asians come, the Swedes expand, the Germans consolidate

The sector of construction materials, still far from the years of boom, is still on the map of investors, the most important events of 2014 being the fusion of Holcim-Lafarge, the coming of a fund from Hong-Kong, two other factories in the Somaco portfolio and the acquisition of Gealan by VEKA.

eMAG.ro expands into Poland

South-African group Naspers has decided to extend eMAG.ro’s sales platform into Poland. Dante International will be taking over Agito, one of Poland’s biggest online stores.

Romania ranks 4th in Central and Eastern Europe based on volume of real-estate transactions in 2014

The value of real-estate transactions registered in Romania in 2014 puts the country on 4th place in Central and Eastern Europe, behind Poland, Russia and the Czech Republic, according to CBRE reports.

General Electric mulls Ploiesti factory expansion

American giant General Electric (GE) is considering expanding its oil industry equipment factory in Ploiesti to include off-shore drilling equipment, a company official said in a press release on Tuesday, picked up by Mediafax.

Year in Review: Real Estate

The total property investment volume in Romania increased to approximately EUR 1 billion in 2014, marking the highest annual level since 2008, according to pundits. Office has been by far the best performing real estate sector but there is good news coming from retail, logistics and industrial and residential as well.

Mega Image buys land plot near Bucharest for a new distribution center

Mega Image has acquired a terrain in Stefanesti, near Bucharest, where it will build a new distribution and logistics center, according to information on the real estate market picked up by Mediafax.

AdePlast to end year with 19 percent higher turnover at RON 300 mln

Romanian construction materials producer AdePlast, owned by businessman Marcel Barbut, estimates it will end 2014 with a 19 percent higher turnover, of RON 299 million.

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