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Adeplast now owned by Swiss chemicals manufacturer

A Swiss producer of specialty chemicals – Sika, has agreed to buy Adeplast, a Romanian manufacturer of mortars and thermal insulation solutions.  Sika made this latest acquisition to strengthen its position on the local construction chemicals market and also to widen its manufacturing portfolio, according to a company press release: „The improved access to the […]

Freja gets ready for new Polish strategy

Freja, a transport and logistics group, is preparing its strategy for a new challenge, which will take place over the next few months. FREJA Transport & Logistics A/S intends to make several changes to its strategies using a three-point approach. First of all, the company will officially change its name to FREJA Transport & Logistics Sp. z […]

New rail connection between Germany and Hungary

A new railway connection will soon be in effect, by linking two major European cities. Starting  January 2020, the Eurogate Intermodal (EGIM), a container transport service for both road and rail, will connect the Munich (Germany) hub to Budapest (Hungary). The new railway service will run three times per week, which brings the total of […]

Raben Group opens first warehouse in Bulgaria

Raben Group opened its first warehouse in the capital of Bulgaria – Sofia. The decision to expand into this market is another step in the company’s international strategy which offers further development opportunities in the south-eastern part of Europe.  Bulgaria is one of the booming economies in Eastern Europe with a focus on the automotive, […]

Afin Holding makes important logistics park deal

Considered one of the most important transactions of 2019 on the Romanian market, Afin Holding acquired Aries Logistic Park, located in the city of Turda, near Cluj-Napoca, for an undisclosed amount. The logistics project, which is partially developed, includes close to 60 hectares of land available for further builds. Also involved in the transaction were […]