LOGISTICS
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DHL Express Romania E-Commerce Revenue Doubles in 2020
Logistics and parcel delivery company DHL Express Romania ended last year with double the e-commerce revenue compared with 2019. DHL Express Romania also posted growth of 20% in revenue, dri...
Logistics Company Maracana Leases 4,100 Sqm in Ploiesti, Constanta
Transport and logistics operator Maracana has rented 4,100 square meters of logistic space in Ploiesti and Constanta besides spaces in Timisoara and Cluj.
Logistics Space Developer Element Industrial Continues Investments
Element Industrial, a Romanian-owned developer of logistics space, continued buying land for future logistics warehouses as demand for such space remains high.
Romania Can Attract New Production Facilities From Asia To Europe, But Needs Infrastructure
The activity of the logistics companies was affected by the crisis caused by the COVID-19 pandemic, as the artificial rise in demand in March required larger inventories only to drop in Apri...
Colliers: Online Shopping Could Become More Widespread in the Future
Romanians have gained more confidence in online shopping amid restrictions imposed to limit the spread of Covid-19 and this behavior could become habitual for a larger chunk of the populatio...
Urbano Parks To Build EUR14M Logistic Park in Western Cluj Napoca
Urbano Parks, founded by three entrepreneurs in Cluj Napoca, plans to invest EUR14 million to build the Urbano Cluj Vest (UCV) logistical park in the western area of the city by the end of t...
Penny Market Earmarks EUR90M For Investments In 2020
German-held discount retailer Penny Market will invest EUR90 million in network and logistics area expansion this year. The company will therefore continue development of its business in Rom...
Profi Rents 60,000 Sqm of Logistics Space in CTPark Bucharest West
Retail chain Profi held by buyout investor Mid Europa Partners has rented 60,000 square meters of logistics space in the Bucharest West park of CTP on the 23rd kilometer of the A1 Bucharest-...
Industrial and Logistics Stock Doubled in Past 5 Years
The industrial and logistics property market in Romania is undergoing its best period in history in terms of both supply and demand and modern industrial stock has doubled over the past five...