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Romania’s industry turnover and new orders go down

Romania’s industry turnover declined by 1.7% in January 2016 compared to the same month of 2015, according to the National Statistics Institute (INS).

AEW undertakes €420m refinancing of LOGISTIS French Portfolio with ING Real Estate Finance

AEW Europe, on behalf of its LOGISTIS Fund, announces that it has refinanced the French Portfolio of LOGISTIS with ING Real Estate Finance acting as Sole Underwriter and Facility Agent, for a total facility amount of €420 million.

Dutch company Prolyte opens new aluminium structures factory in Romania

Dutch group Prolyte has opened a new factory in Romania, in Olt county. The factory will produce light aluminium structures for public events.

Daimler opens the EUR 300 mln factory in Romania

German group Daimler will officially inaugurate its new gearbox factory in Sebes, central Romania, on April 4.

Ecopaper Zărnești gets EUR 5 million loan from UniCredit Bank to complete investment

The manufacturer of paper for corrugated board Ecopaper Zarnesti, controlled by the businessman Vladimir Cohn, will access a loan of 5 million Euros from UniCredit Bank, to complete the investment in manufacturing equipment.

Logistics company UPS appoints new country manager for Romania

US logistics company UPS has appointed Irishman Jim Kearney as country manager for Hungary, Romania, and Greece.

Romanian manufacturer Symmetrica sees 17 pct increase in 2015

Symmetrica, Romanian producer of paving and vibro-pressed curbstones, registered a 17 percent increase in turnover, reaching RON 87 million (EUR 19.5 million), according to a company press release. Additionally, in 2015 Symmetrica opened a new production line after an investment of approximately EUR 1.5 million.

Interview with Peter Bečár, Managing Director CEE within P3

P3, specialized investor, developer and manager of European logistics properties, has completed in February last year its first acquisition of an industrial property in Romania, buying Europolis Logistics Park (which became P3 Bucharest) from the Austrian company CA Immo, transaction estimated at nearly EUR 120 million. The investor has insured through this acquisition its second place in the top of the largest industrial-logistics facilities owners.

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