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By the end of 2015 the 'Green' office and industrial stock is expected to grow up to 1.2 million sqm in Russia

Within the XII International Investment Forum ‘Sochi-2013’ Christophe Vicic, Member of the Board of Directors of Jones Lang LaSalle in Russia & CIS, Chairman of the Real Estate committee of the Association of European Businesses, presented the ‘green’ building research results covering both Russia and the global market.

RICS presents a global road map for integrating sustainability into existing buildings

With the publication of the guidance note “Sustainability: improving performance in existing buildings”, RICS offers building professionals best practice guidance on how to make buildings resource efficient throughout their whole life cycle (from location, design, construction, operation, maintenance, to renovation and demolition).

PNK Group to build warehouse complex for Volkswagen Group Rus

Volkswagen Group Rus, a Germany-based international automotive manufacturing company, and PNK Group have signed an agreement according to which the latter is to build a Class A warehouse complex in the Moscow Region. The complex will be constructed on an area exceeding 50,000 sqm. The premises will be used to store spare car parts and accessories.

Whiteland Logistics opens warehouse in Ghiroda

Whiteland Logistics has signed a lease on 1,700 sqm of Class A warehouse space in the city of Ghiroda.

Continental Opens Plant Worth EUR 40 M in Ghimbav

German auto and truck parts manufacturing company Continental inaugurated yesterday a fuel pumps plant in the Ghimbav-Brasov Industrial Park, following an investment of 40 million euros, with about 500 employees to be hired at the facility by year-end, according to Mediafax.

Romania’s unemployment rate sat 7.5 pct in August, says Eurostat

Romania reported a seasonally-adjusted unemployment rate of 7.5 percent in August, the same level as the previous two months but up from 6.9 percent in August 2012, according to data from Eurostat, the statistical office of the European Union.

Oltchim plans to sell plastics manufacturing unit for EUR 6 M

Romanian insolvent Oltchim Ramnicu Valcea chemical plant (OLT) plans to sell its plastics manufacturing unit Ramplast DMC for EUR 6 million plus VAT, after an unsuccessful attempt in 2010, when the price amounted to EUR 7.5 million, pre-VAT, Mediafax reports.

Romania Stays Attractive for German Companies

The German companies’ managers in Romania are satisfied with the investment placements they are in, although the percent of the positive feedback has decreased compared to 2012, shows a report of the Romanian-German Chamber of Commerce (AHK Romania).

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