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CTP to build large logistics park in Romania

A well-known real estate developer – CTP is planning to initiate a large build project near Romania’s capital city of Bucharest, set to start this spring.  Thanks to a land acquisition of 19 hectares, from Willbrook, finalized in 2019, CTP has enough space for its large build project. CTP purchased the land for 6 million […]

Traxens becomes part of digital ports project

Traxens, known for its high-value data and services for the supply chain industry, has become part of the European DataPorts project. Set to last three years, the European DataPorts project will require investments of 6.7 million EUR, with most of it coming from the European Union (5.7 million EUR). The Technological Institute of Informatics (ITI) from […]

Gebrüder Weiss Romania to continue warehouse lease

Gebrüder Weiss România has signed a contract with P3 Logistic Parks to prolong a lease on warehouse and office space. The P3 Logistic Parks allowed Gebrüder Weiss to continue to operate out of the P3 Bucharest A1 park, where it has been a tenant since 2011. Gebrüder Weiss will benefit from 22,400 sqm of warehouse […]

Belarus-Estonia trade relations to rise

For 2020, Estonian authorities are planning new trade deals with nearby Belarus, which will lead to an increase in revenues. The Ambassador Extraordinary and Plenipotentiary of Estonia to Belarus, Merike Kokajev wishes to expand trade between the two countries to 300 million EUR this year. ‘We expect trade with Belarus to rise to 300 million […]

Russia ends collaboration with Slovakian terminal

The Russian intermodal operator TransContainer ended its lease on the Dobrá intermodal terminal (Slovakia). TransContainer closed its Slovakian subsidiary, ceasing contractual relations with the intermodal terminal five years before the end of its lease agreement. The Dobrá terminal, located in Slovakia, 10 km from the border with Ukraine, was designed for rapid transhipment of containers, […]