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Companies to suspend activity following Coronavirus threat

Three companies working in the Romanian automotive industry announced they would suspend their activity for the following weeks, due to the Coronavirus pandemic scare. Automobile Dacia, Ford Craiova and Pirelli Slatina are the three players who will temporarily stop their activities, as a way to prevent the spread of the new Coronavirus, officially raised to […]

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 […]

APM Terminals initiates new project in Georgia

The Dutch port operator – APM Terminals has plans to build a deepwater port terminal in Georgia, at the Poti Sea Port. The international container terminal operating company will have to invest 250 million EUR to complete the first stage of its ambitious plan, the money being obtained through private capital. ‘This investment in the […]

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 […]