Real estate | 29 August, 2024 at 3:33 PM
CTP rolls out CTBox concept in Romania with flexible spaces
Industrial developer CTP has launched its first CTBox building in Romania on the premises of CTPark Bucharest West.
Industrial developer CTP has launched its first CTBox building in Romania on the premises of CTPark Bucharest West.
Investors originating from Belgium had the biggest share in Romania's commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
Romania's commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox.
The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB.
Cummins Generator Technologies, operating under the name STAMFORD, is renowned for providing ultimate power solutions with world-class expertise and 24/7 global lifecycle support.
This strategic move is in response to the increasing demand for fulfillment and logistics services driven by the rapid growth of e-commerce in Romania.
CTP has leased 3,600 sqm of production space at CTPark Oradea Cargo Terminal, to leading Asian EMS (Electronic Manufacturing Services) company Etron Technology.
Romania's annual inflation rate remained unchanged at 9.8% in November.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.
As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.
The Investment Committee designated by the Romanian Government for the Recovery Equity Fund has approved financing for five new investment funds in Q4 2025, announced the Ministry of Investments and European Projects (MIPE).