Etron Technology leases 3,600 sqm for a production facility at CTPark Oradea Cargo Terminal
Andrei Brinzea, Business Development Director at CTP Romania CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 3,600 sqm of production space at CTPark Oradea Cargo Terminal, Romania’s pioneering industrial park featuring an air cargo terminal, to leading Asian EMS (Electronic Manufacturing Services) company […]
Nhood Romania strengthens its management team to accelerate development
Elena Bocan, Head of Market Nhood Romania Nhood Romania, the integrated real estate services company of the Mulliez Family Association (AFM) has made new appointments in key positions: Răzvan Ciobanu – Head of Property Management Retail, Carmen Bădulescu – Head of Asset Management and Cătălina Radu – Head of Leasing. Elena Bocan, Head of Ressources […]
ASSA ABLOY: Romanians value home protection – 50% say they don’t save money when it comes to home security
Florin Tihulcă, Managing Director of ASSA ABLOY Opening Solutions Romania According to the data of a study carried out by ASSA ABLOY Opening Solutions Romania, the local market leader in access solutions, Romanian customers demonstrate an exceptional level of awareness regarding home security. Three-quarters of those surveyed consider the security of locks, doors and access […]
RetuRO opens in Brașov a new center for collecting DRS packaging
RetuRO, the administrator of the Deposit-Return System, the largest circular economy project in Romania, opens in Brașov County its third regional center for DRS packaging collection, located within the VGP logistics park. With an area of 3,300 square meters, the regional center in Brașov is equipped with state-of-the-art packaging processing equipment, including PET and aluminum […]
ARA Europe & Gheorghe Iaciu sell Doraly Expo Market to WDP
Real estate consultancy company iO Partners announces the successful closing of the sale of Expo Market Doraly to WDP. The iO Partners team advised the sellers – ARA Europe and the Romanian investor Gheorghe Iaciu, who founded Expo Market Doraly in 1993. Located in the northeast of Bucharest, Expo Market Doraly covers an area of […]
AROBS targets a consolidated turnover of approximately 500 million lei in 2024
Voicu Oprean, founder and CEO of AROBS AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, targets 2024 a consolidated turnover of 494.9 million lei, normalized EBITDA of 92.9 million lei and a normalized net profit of 48.8 million lei. “AROBS is the result of progress, determination, resilience, and […]
Stefan Surcel, promoted Head of Industrial Agency at Cushman & Wakefield Echinox
Stefan Surcel, Head of Industrial Agency, Cushman & Wakefield Echinox Cushman & Wakefield Echinox announces the promotion of Ștefan Surcel as Head of Industrial Agency. In his new role, he will coordinate the activity of the company’s Industrial department and will focus on further developing the existing relationships with strategic clients and also on identifying […]
BCR is one of the banks that took part in Ford Otosan Romania’s EUR 435 million – syndicate financing, contributing with EUR 84 million
leonora Bacale, Head of Industrials & TMT, Corporate Banking BCR Ford Otosan Romania, one of the largest vehicle manufacturers in Romania, has signed a syndicated credit facility totaling EUR 435 million to finance ongoing facility, vehicle, and engineering investment projects at its Craiova plant. The financing will be used to support the production of the […]
SYMMETRICA invests €48 million in the largest factory in the portfolio, but also in S-E Europe
Sebastian Bobu, Executive Director of Symmetrica Symmetrica, the leader of the local market of vibro-pressed products and the largest domestic producer, announces a new investment in the largest factory of concrete pavements in South-Eastern Europe, worth 48 million euros. ”Located in Bolintin Vale – Ilfov, our new prefabricated factory will be a symbol of excellence […]
JT Grup Oil announces the completion of Phase I of construction works at the first private oil terminal in Romania
JT Grup Oil S.A., one of the most important companies on the local fuel distribution market, announces the completion of the first phase of development of the JT Terminal project, the only private owned oil terminal in Romania. With the completion of the infrastructure works, the financing contract obtained from non-reimbursable European funds through the […]