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Warehouse Market News

Beyçelik Gestamp opens new auto parts factory in Arges

Turkish-Spanish auto parts manufacturer Beyçelik Gestamp has announced its plans to open a new factory in Romania's Argeș County, marking a significant investment of €45 million.

Romania can attract investments of 10 billion euros in sector of logistics and industrial spaces

Romania can become a major player in the sector of industrial logistics in Europe, against the background of the fundamental changes that the global economy is going through, from the shortening of production and supply chains to the focus on finding secure locations, protected from unwanted events, such as war and climate change, shows a study contucted by Frames and Frisomat Romania

Olympian Park North Bucharest industrial park will host the largest regional hub of RetuRO

RetuRO, the administrator of the Deposit-Return System, the largest circular economy project in Romania, opens its fourth regional center for counting and sorting DRS packaging in Otopeni, Ilfov County. Located within the Olympian Park North Bucharest industrial park, the center will manage and process beverage packaging collected both manually, from retailers, and from reverse vending machines (RVMs).

Gebrüder Weiss enlarges logistics center in Budapest

The transport and logistics company Gebrüder Weiss has enlarged its logistics facility at the Dunaharaszti location near Budapest. The new logistics complex covers 10,000 square meters and includes office space, a handling facility, and a high-bay warehouse.

TeraPlast Group sales increased by 20 percent in Q1 2024

TeraPlast Group’s results in the first quarter of 2024 exceed both the budget and the previous year’s performance, driven by streamlining the activities in each business line and organic growth alike. Positive contributions to the Group’s results were brought by the start of production at the Opal stretch film factory and the integration of Palplast’s operations in the Republic of Moldova, the recently acquired company.

Manufacturing companies were driving the industrial & logistics leasing market in Q1 2024

Companies leased approximately 200,000 sq. m of industrial and logistics spaces in Q1, the demand being primarily generated by manufacturing companies, FMCG and logistics operators, according to data from the Cushman & Wakefield Echinox real estate consultancy company. Romania ranked second regionally in terms of the Q1 demand, after Poland, the uncontested leader in the Central and Eastern Europe, while surpassing Czechia, Slovakia and Hungary.

Saint-Gobain Romania and OMV Petrom sign an agreement for the purchase of green power

Saint-Gobain Romania and OMV Petrom sign an agreement for the purchase of electricity from renewable sources for all Saint-Gobain facilities at local level.

108 REAL ESTATE expands further into Central and Eastern Europe, offering advisory services to developers and investors in Romania

108 REAL ESTATE, a real estate consultancy celebrating its 15th anniversary of successful operations on the market, is marking another milestone with its expansion into Romania. Following its presence in Slovakia, Hungary, and India, 108 REAL ESTATE's expansion into Romania is a strategic move driven by the company's focus on the movement of developers, investors, and tenants in the industrial real estate sector, encompassing both manufacturing and logistics.

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