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Warehouse Market News

Hategan, PointPark Properties: Romania could be a key production zone for Europe

Romania is one of the countries in the region with a large interest for P3, both in terms of acquisitions and development in 2014, and the company sees the signs of some possible European companies’ factories relocations from other countries, such as China, said Nora Hategan, business development manager within PointPark Properties (P3).

P3 appoints new CEE Managing Director, after its acquisition by TPG and Ivanhoe

PointPark Properties (P3), the specialist investor, developer and asset manager of warehouse properties, has strengthened its senior Central and Eastern European management team ahead of a planned expansion of its activities made possible by its recent acquisition by private equity investors TPG and Ivanhoé Cambridge.

Tetarom 3 Industrial Park in Jucu could host Ikea factory

Tetarom 3 Industrial Park in Jucu, Cluj County, could host an IKEA factory in the near future.

Exports reach almost EUR 46 bln

Exports reach almost EUR 46 bln, National Statistics Institute reports. New orders in industry, up 7.6 per cent.

Egger completes EUR 35 mln biomass plant in Romania

Austria’s Egger, the wood processor, has completed a 83MW biomass plant at its site in Radauti, Suceava County, following a EUR 35 million investment, reports business daily Ziarul Financiar.

Vâlcea: Industrial Parks in Drăgăşani and Bălceşti

The district of Vâlcea has received the approval of the deputy prime minister Liviu Dragnea for the development of two industrial parks in Drăgăşani and Bălceşti cities, informs the local newspaper Vocea Vâlcii.

National road company to start construction of 400 km of highway in 2014

This year the national road company will start work on approximately 400 kilometers of new highways, estimated to cost approximately EUR 5.8 bln, according to a ZF analysis.

Industrial Parks in Brasov to be privatized

In order to get money for the projects in 2014, Brasov District Council has decided the gradual privatization of the two industrial parks in Brasov, Metrom and Carfil.

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