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Warehouse Market News

Cargus is the new tenant of Globalworth and Global Vision in Constanța Business Park

Cargus is the new tenant of Globalworth and Global Vision in Constanța Business Park, one of the largest business parks in Southeast Europe. The courier company is consolidating its operations in a class A, ambient warehouse unit, having an area of 2,800 square meters, which also includes an office space of 250 square meters.

Knauf Insulation started the production of mineral wool with ECOSE® technology, in Romania, 3 months after the acquisition of the factory in Târnăveni

In March of this year, Knauf Insulation officially became the owner of the mineral wool factory Gecsat S.A. from Tarnăveni. Knauf Insulation, one of the biggest players on the market of insulating materials, part of the Knauf Group, started the production of mineral wool at the factory in Târnăveni, Mureș County, after the completion of the re-engineering and modernization of the existing production line.

Once Romania will join the Schengen Zone, DSV Road`s business will increase by 20% on average

Romania's entry into the Schengen Area will bring numerous benefits for the local transport industry, including the elimination of border waiting time, and the increase of transport capacities and the number of orders, according to DSV Road, the third largest global provider of Transport and Logistics services in Europe. The company estimates that accession to Schengen will generate an average increase in business by 20%.

De'Longhi, an investment project of 100 million lei in its third factory, in Satu Mare

The Italian group De'Longhi, one of the most important players in the local production of household appliances, which already owns two factories in Romania, in the counties of Cluj and Bihor, recently bought an industrial platform in Satu Mare and is considering a project with investments worth 100 million lei (20 million euros).

La Fântâna invests 2 million euros in an automated bottling line in Tălmaciu factory

The company announces a major technology upgrade at its water bottling factory in Sibiu County, shortly after it recently opened production in the new factory at Şeştina, (Mureș County) where, following an extensive project, the group will bottle premium mineral water.

Demand for offices and industrial spaces increased in the first half of 2022

Demand improved during the second quarter, while deliveries are limited and vacancy rates continue to fall, according to the Bucharest City Report Q2 2022, published by real estate consultancy JLL.

VGP Announces Half Year Results 2022

VGP NV, a European provider of high-quality logistics and semi-industrial real estate, recently, announced the results for half-year ended 30 June 2022.

Enel X Romania to develop solar park for Belgian logistics developer WDP

Enel X Romania, the advanced energy services division of the Enel Group, is currently building a solar park with a total installed capacity of almost 3 MW for logistics real estate specialist WDP (Warehouses De Pauw Romania).

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