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Articles

Moto-Profil Speeds Up at Prologis Park Chorzów

Prologis, Inc., the global leader in industrial real estate, announced today that is has signed lease agreements with Moto-Profil, the leading importer and distributor of automotive spare parts and accessories in Poland, totalling 33,000 square metres at Prologis Park Chorzów.

Auto market increases 16.8 percent in first eight months

Deliveries of vehicles (passenger cars + commercial vehicles) registered in the first eight months of 2015 an increase of 16.8 percent over the same period last year, show data from the Automotive Manufacturers and Importers Association (APIA). The main drivers of the auto market increase were passenger cars, making up 14.3 percent of the growth on the market.

Demand for logistics and industrial spaces, up by almost half in Romania

Logistics and industrial spaces developers delivered over 75,000 sqm of new spaces in the first half of this year while the demand rose by 40%, according to real estate consulting company DTZ.

Renault group invests over EUR 20 mln in Romanian data infrastructure

Renault Group’s Romanian IT infrastructure, managed by the Directorate of Information Systems Renault Romania (DSIRO), contains over 8,500 computers, industrial PCs and graphic stations, more than 2,000 km of network and 10,000 mobile and fixed telephones, according to a company release.

Auto parts industry, among the most dynamic sectors, with 600 operational plants in Romania

Although there are only two car assembly plants in Romania, namely Dacia Mioveni and Ford Craiova, the auto parts industry is very diverse and dynamic. Parts and components for almost all brands of German auto vehicles are manufactured in Romania.

Romanian metal tile producer opens new production line with EUR 1.5 mln

Metal tile producer Depaco will open a new production line in its factory in Baicoi, in Prahova county, as part of a EUR 1.5 million investment program.

Blackstone could enter Romania by buying Immofinanz’s logistics portfolio

Logicor, the European logistics division of the global asset manager Blackstone, is in exclusive talks for acquiring the entire portfolio of logistic spaces put up for sale by Austrian real estate developer Immofinanz, including the ones in Romania.

A plot exceeding 470,000 sq. m in Arad, on auction starting EUR 6.3 million

The plot is suitable for residential or industrial construction and is situated in the area of Arad Ring Road.

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