Rail logistics provider ÖBB Rail Cargo Group is relocating its office to Business Garden Bucharest. Vastint Romania has secured the new lease with the group.
CTPark Bucharest South is strategically located between Bucharest's ring road and the future A0 Motorway, with direct access to the A0.
Eltra Logis' decision to change its business focus to the pharmaceutical industry was driven by major challenges in the textile sector in Romania.
The BREEAM Very Good certified, highly customized space of ap-prox. 41,500 sqm has been almost entirely leased.
Tiplog, an entrepreneurial printing and logistics company founded in 2012, registered a turnover of €5.8 million in 2023, almost four times higher than in 2019 (€1.6 million).
With this strategic investment, the company reduces its CO2 emissions by 150 tons annually.
Colliers: Logistics and industrial sectors remain in high demand for commercial property transactions.
Altexpress and Logystec, led by industry veterans Maher Tarazi and Alexandra Turcu, finalised their merger mid-March 2024.
The new logistics hub of the company will benefit from a refurbishment process of the CTP to align with ESG standards
2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed.
Fulfill.ro, the e-commerce logistics division of Mediapost Hit Mail, the largest integrator of direct marketing services in Romania, has reached a 37% increase in turnover in 2023.
Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
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.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.
As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.