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Articles

Polish Maspex Wadowice gets green light for takeover of Rio Bucovina

Polish food processing group Maspex Wadowice got the green light from the Romanian Competition Council, the anti-monopoly watchdog, to take over water bottler Rio Bucovina.

EuropaProperty announces short-list for 11th annual SEE Real Estate Awards

The short-list for the upcoming 11th annual EuropaProperty SEE Real Estate Awards, representing the most outstanding and accomplished projects, companies and individuals throughout the Southeastern European region in 2015, has been announced. Leading commercial property players are now braced to take part in the region’s premier commercial real estate awards event on April 21st 2016, at the Radisson BLU Hotel, Bucharest, Romania.

ZF Transport&Logistics'16: Romania could become a logistic hub in the region, but the bureaucracy and the infrastructure hinder development

Romania could become an important logistic hub in Europe, considering the instability in neighbouring zones, which encourages the logistics parks developers to come with investments in millions square metres in Bucharest and in the most important cities. However, the companies in the industry are facing bureaucracy, as well as the absence of infrastructure.

Moncler completed the construction of a production unit in Romania, following EUR 5 million investments

Italian luxury garment manufacturer Moncler has completed the construction of a production unit in Bacău county, following EUR 5 million investments.

CTP expands with 30,000 sq. m its CTPark Bucharest West logistics park

Logistics and industrial parks developer and operator CTP started the construction of 30,000 sq. m in CTPark Bucharest West, out of which 15,000 sq. m are rented by the Romanian logistics company OTZ.

Second logistics project announced this year by Lidl in Romania: expansion of its centre in Chiajna

German discounter Lidl, present on the local market with nearly 200 stores, will expand with 10,000 sq. m the company’s warehouse in Chiajna, near Bucharest.

2016 brings stricter rules for sustainable buildings certification

2016 will bring major changes regarding worldwide green buildings certification, including Romania, considering that the most popular certification methodologies, BREEAM and LEED, will be updated this year.

Romania reaches 10th place in Europe for car production

Romania’s car production was the 10th-highest in Europe last year, climbing up one position, after Belgium lost four places in the ranking.