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Logistics

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 […]

New EBRD loan for Polish battery factory

The European Bank for Reconstruction and Development (EBRD) offered a long-term loan of EUR 250 million, which will support the build of a giga-factory, located in the Western part of Poland, in the city of Wrocław. LG Chem, one of the world’s leading chemical groups, will build the new factory. Workers at the new facility […]

WITTE Automotive expands Bulgarian factory

One of the leading players in locking systems for the automotive industry, WITTE Automotive, went forward with a necessary strategy to increase its production area. WITTE Automotive Bulgaria almost doubled its production area at the country’s factory, in the city of Ruse. |The company announced this achievement at an official ceremony, with Bulgarian politicians, businesspersons, […]

Supply Chain Process Management

Supply Chain is a network of organizations and processes where a number of various enterprises collaborate along the entire value chain to acquire raw materials, to convert these raw materials in finished products and deliver finished goods to the customers. Let’s think about this case: when during the week you go to the mall or […]