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Automotive

STS Acoustics opens new factory in Poland

Panattoni Europe has recently completed the build process on a new facility inside the Międzyrzecz Industrial Park, in Poland for its client, STS Acoustics. Located in the Lubuskie region, the new manufacturing and warehousing center will benefit STS Acoustics, specialized in offering services for acoustic simulation, tests, prototypes and serial production. The new center’s area […]
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Global Trade

Wood pellet exports continue to increase in Eastern Europe

Data gathered from five East-European countries shows a significant progress in terms of exports for wood pellets. An analysis shows the number of wood pellets produced inside the European Union to have increased in the last few years. Accordingly, the market experienced a growth of 4,7% in 2015, compared to the previous year’s numbers, and […]
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3PL

Alibaba considers building a new logistics center in Bulgaria

The well-known Chinese e-commerce group, Alibaba, could be extending its influence over the Eastern European market, with a new logistics center in the area. Specifically, the company is currently planning to add a new center for business and logistics in the Eastern-European country of Bulgaria. Representatives from the Chinese group met with the Bulgarian Prime […]
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Logistics

Prologis finalizes deal for spot in Budapest’s Central Business Park

Following planning and negotiations, the Prologis European Properties Fund II (PEPF II) has recently finalized an important contract in Budapest’s (Hungary) Central Business Park. Specifically, the company recently bought the Hungarian M0 Central Business Park, from IDI Gazeley. With this latest deal, Prologis has managed to add two facilities totaling 31.443 square meters of distribution […]
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Global Trade

New Asian freight train to bring good business to Europe

Authorities from China have announced a new train service to link the country with Europe, in order to improve freight transport between the two. The new train service, set to run from China to the UK and vice versa, will be passing through a couple of important Asian and European cities. The train, operated by […]
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