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Umex Constanța to undertake construction projects

The Romanian port operator Umex Constanța will start working on two construction projects, located in the seaside Port of Constanța. Recently, the port operator borrowed 37 million EUR from the Dutch lender Cooperatieve Rabobank, in order to finance its projects. Specifically, Umex Constanța received two separate loans, which will be used to finance the acquisition […]

Good news for Romanian logistics!

Thanks to continuous investments and complex strategies, Romania’s industrial and logistic spaces witnessed a significant increase. At the end of 2019, Romania was able to pride itself on having 4.6 million sqm of modern industrial and logistic facilities, with an increase of 10% compared to the previous year. Even more, the evolution is evident, considering […]

Urbano Parks to invest in Cluj-Napoca

A well-known Romanian investment group, Urbano Parks, is planning a new investment in one of Romania’s fast-growing cities. Urbano Parks officials recently declared they will invest 14 million EUR in a new logistics park development, located in one of the country’s growing urban centers, Cluj-Napoca, a city that’s attracting all sorts of companies. The Urbano […]

TeraPlast fully owns Wetterbest

An important business move marked the final stage towards full ownership between the TeraPlast Group and the Wetterbest company. The Romanian plastic products manufacturer (TeraPlast Group) successfully completed the necessary steps to acquire the remaining 1% interest in Wetterbest, a local roof systems manufacturer. The acquisition started back in 2017, with Teraplast owning 67% of […]

Romanian market ready for new Kärcher investment

The German group Kärcher in ready to build a second factory in Romania, after announcing plans to invest several million EUR in this project. With a focus on building vacuum cleaners, Kärcher already has a presence on the Romanian market, thanks to its factory in Curtea de Argeș (a city near Pitești and approximately 153 […]