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Warehouse Market News

Nadlac-Arad Highway ready by year’s end

The Nadlac-Arad highway will be ready by the end of the year, considering that the works on the first section have been completed, Premier Victor Ponta stated on Friday in Arad.

New ferry line connects Romania’s Constanta to Batumi & Ilyichevsk ports

A Black Sea ferry line that will link Romania’s Constanta port to Batumi (Georgia) and Ilyichevsk (Ukraine) ports, will be inaugurated today, October 16, according to the Romanian Ministry of Transport. Officials from Romania, Georgia and Ukraine will attend the launching event.

Romania could have 55-56 km of fresh motorways by year-end

There are around 200 km of motorways under construction at this moment, out of which 55-56 km could be finished by the end of this year, said Renata Bendeac, deputy general manager of road infrastructure at the road and motorway administration company CNADNR, during the second day of the Foreign Investors Summit (FIS), organized by Business Review magazine.

EU industrial production drops 1.4 pc in August

In Romania the month-on-month drop stood at 2.7 pc but industrial production grew by 1.9 pc year-on-year.

Proinvest Group to invest more than EUR 1 million in new production facilities

Proinvest Group has scheduled for this period more than EUR 1 million budget for the development of new production facilities for its Building Materials division.

Romania posts biggest CEE growth in real estate deals in first 9 months

Romania had the biggest growth in real estate transaction volumes in Central and Eastern Europe in January-September, of 215 percent, to nearly EUR 700 million, but the country remains less attractive than Russia, Poland and Czech Republic, according to CBRE.

P3 Acquires 467,000 m2 of Warehouses plus Additional Development Land from CA Immo

P3, the specialist owner, developer and manager of European logistics properties,has agreed to buy 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.

Cemacon, 9 million lei capital increase

Bricks manufacturer Cemacon Cluj-Napoca (CEON) will issue 88 million new shares following a capital increase approved by the shareholders in March, aiming to attract in the shareholding the investment fund Business Capital For Romania Opportunity.

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