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Articles

Property portfolio of WDP in Romania increases to a total value of more than 150 million Euros

In Romania, WDP is announcing three projects for new clients via its joint venture WDP Development RO.

OTZ moving into CTPark Bucharest West

Logistics company OTZ will move in CTPark Bucharest West on October 21.

Local council in Găeşti to assign a hectare of land, waits for Arctic’s offers

The local council has approved the assignment of a hectare of land for 49 years, which will be put on sale. „We will wait for offers from Arctic or the company’s suppliers”, said Grigore Gheorghe, mayor of Găeşti , Dâmboviţa county.

Turnover of garments manufacturer Secuiana registered 16 pct growth in the first nine months

Garments manufacturer Secuiana in Târgu-Se­cuiesc, Romania, had in the first nine months a turnover of EUR 5.8 million, 16 pct more than in the same period of last year, due to its exports growth of 22 pct.

Fire protection law destroys communist warehouses

The law approving the construction categories which need fire protection permits, adopted by the Romanian government this summer, is forcing the manufacturers which are operating in warehouses constructed in the communist period to relocate to new spaces, outside cities, according to Laurenţiu Duică, associate director within Colliers International.

Romanian brick producer sells two plots to Dedeman for EUR 1.6 mln

Local brick producer Cemacon Cluj will sell two land plots to DIY retailer Dedeman for RON 7 million (EUR 1.6 million).

CTP starts development of second phase of CTPark Bucharest West worth EUR 25 mln

After leasing over 130,000 square meters in CTPark Bucharest West and secured the authorizations for the construction of two more buildings with a total surface area of 68,000 sqm, CTP has announced the start of construction works for the second phase of the construction.

Chairs manufacturer Antares invests in new factory in Remetea, Harghita county

Ergonomic office chairs manufacturer Antares Romania, subsidiary of the Czech group Antares, has currently ongoing an investment of EUR 800,000, sustained from own funds, for the construction of a new factory in Remetea, Har­ghita county, where 20-25 people will be employed in the first phase.