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Warehouse Market News

CBRE: Romania’s commercial real estate investment volume up 256 pct in Q1 2014

Romania’s total commercial real estate investment volume reached EUR 302.7 million in Q4 of 2014, up 256 percent y-o-y, albeit from a low base, according to a CBRE report.

New industrial facilities and warehouses in 2014 in Cluj county

Eight projects, in development or in construction, active in this first half of the year, are on the list of most important industrial projects of the consultancy company IBC Focus.

Metav Bucureşti will give 5.8 million lei dividends this year

The shareholders of the real estate company Metav Bucureşti (METV), the company which manages the industrial park Metav Business Park near Baneasa airport, owned by the businessman Gabriel Popoviciu, have approved in the general assembly the proposal of the administration council regarding the distribution of dividends valuing 5.76 million lei from the 6.1 million lei profit registered last year.

GEFCO Romania resumes its accelerated growth rhythm

GEFCO Romania, subsidiary of GEFCO Group, with a presence of eight years on the local market, ended 2013 with a turnover of almost EUR 48 million according to preliminary non-audited results, up with over 12 percent compared to 2012, thus consolidating its position on the market, a press release informs.

Construction of Sibiu-Pitesti motorway kicks off in August 2015

The construction works at Sibiu-Pitesti motorway will start in August 2015, chairman of Valcea County Council Ion Cilea told Agerpres.

Romania, among first places of industrial output increase

The industrial output increased 1.7 percent in the Eurozone and 2.1 percent in the rest of the European Union, in February 2014, compared with February 2013, and Romania is among the member states where the industrial output registered the highest growth, show the data the European Office for Statistics (Eurostat) released on Monday.

Stroe, Dacia: We will not increase local production capacity

Renault will not expand their car production capacity in Romania, and the extra demand will be covered in Morocco, Vice President of Dacia Automobiles Management Board, Constantin Stroe told a seminar on transport and logistics industries, Mediafax informs. He also said that there would be room on the market for a third producer, in a “proper” conjuncture.

Romanian industry consolidates its position as the main engine of economic growth

The evolution of the industrial indicators in the first two month of the year recorded positive signals, indicating the fact that the economic growth rate in the first quarter of the year could exceed the 3.5 per cent recorded last year, adviser to the Prime Minister, Cristian Socol, said in an analysis on Thursday.

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