This facility introduces an innovative concept that has already proven successful in other international markets and is now available to businesses in Romania.
Nearshoring has gained considerable popularity in recent years as a replacement for traditional offshoring/outsourcing practices.
Logicor also owns an 8.2-hectare plot next to the Arabesque materials warehouse in eastern Bucharest.
The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB.
In logistic spaces, offices are requested for the HR, accounting, or technical support departments of companies that already have a presence in TRC spaces.
Cargus will operate in a new, modern facility, of 3,100 square meters including the warehouse, a Cargus SHIP & GO location and offices.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.