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Articles

Transilvania Construcţii to create three real estate leasing companies

Real estate developer Transilvania Construcţii , controlled by the Timofte family, will associate with one of the owners in order to create three companies for leasing and subleasing properties.

Former head of Volumetric Romania, operations manager at CTP Invest

Logistics park developer and operator CTP Invest brought Dan Fleșariu to the team running the operations in Romania, the former country manager of the Spanish developer Volumetric.

Romania’s exports reach new all-time high

Romania’s exports amounted to over EUR 32 billion in the first seven months of the year, posting a new record. The imports, however, were higher, totalling EUR 36 billion, according to recent data from the National Statistics Institute INS.

Paper and cardboard producer Vrancart Adjud to invest 10 mil. € in production growth

Vrancart Adjud (VNC), controlled by SIF Banat-Crişana (75%), has planned for this year investments of nearly EUR 10 million for the efficiency and production capacities growth.

CTP invests massively for the expansion of the CTPark network in Romania

CTP, an investor headquartered in the Netherlands, developer and operator of the CTPark network, invests massively for the expansion in key-markets in Central Europe.

Manufacturing outweighs mining drop, brings industry up 2.7 pct

During the first seven months of the year turnover in industry increased per total by 2.7 percent over the same period of 2014, due to rises in manufacturing (up 2.8 percent), show data from the National Institute for Statistics.

Prologis Announces Definitive Agreement on Prologis Park Bucharest A1

Prologis, Inc., the global leader in industrial real estate, today announced it has entered into a definitive agreement whereby CTP will acquire Prologis Park Bucharest A1 in Romania. The binding agreement is subject to customary closing conditions.

Portland Trust agreed with CTP the sale of Bucharest West

Real estate developer Portland Trust, found by British Robert Neale, reached an agreement with Dutch CTP for the sale of Bucharest West logistics park.