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Romanian I&C retailer Altex invests big in logistics

Altex Romania will be working out of a new logistics center, located near Romania’s capital city of Bucharest. The IT&C retailer acquired a new plot of land of 15.2 hectares in a village near Bucharest (Dragomirești Vale), for 5.5 million EUR. The new logistics hub will be built thanks to a 37 million EUR investment, which […]

Serbia welcomes Lidl stores

As part of this company’s strategy for the Serbian market, Lidl recently opened a few stores in the former Yugoslavian nation. The German discount chain Lidl took another step towards expanding its business into non-EU countries, by opening its first 16 stores in Serbia. According to the official announcement, Lidl decided to enter the Serbian […]

Polish retailer Stokrotka expands warehouse space

Stokrotka, a famous Polish chain supermarket, headquartered in the country’s ninth largest city of Lublin, just added 11,300 square meters of warehouse space for its operations. The new acquisition is located in the MLP Lublin logistics park, an area that houses several companies with national and international recognition. After moving into the Lublin logistics park […]

COSCO enters Bosnia and Herzegovina

COSCO Shipping is planning to open its first branch the European country of Bosnia and Herzegovina, in the capital city of Sarajevo. The Sarajevo office is part of the ‘One Belt – One Road’ Maritime Silk Road initiative, a massive expansion program for efficient cargo transport and sea route that connects China, Southeast Asia, Oceania, Europe […]

Black Sea ports see cargo volumes rise

More cargo passed through several container terminals in the Black Sea region this year, with countries such as Romania, Ukraine, Russia and Bulgaria witnessing a significant increase. In total, TEUs handled by port authorities in Ukraine, Romania, Russia and Bulgaria, excluding transshipments, amounted to more than 1.4 million units (1,472,826) in the first half of […]