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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 […]

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 […]

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 […]