The new warehouse will be located in Dragomiresti, near the Bucharest-Pitesti Highway.
“We are beginning construction work and estimate we’ll be done next year. 10,000 square meters will be allocated to pharmaceuticals (drugs and medical equipment), and 10,000 square meters to cosmetics,” said Catalin Olteanu, general manager of FM Logistic.
“We already have a 3,500 square meter warehouse for drugs and 900 square meters [of space to store] medical equipment, but it is not enough, which is why we are building this new warehouse.”
Olteanu said no contracts with pharmaceutical clients had been signed for this new warehouse yet.
The need for logistics and industrial space is rising, considering the growth of the Romanian economy, of trade and exports and the fact that Romanian consumers have more disposable income.
FM Logistic posted EUR23.5 million revenue in the fiscal year ended March 31, 2015. It has three logistics platforms in Romania, in Timis, Bucharest and Dambovita, totaling 55,000 square meters, along with two cross-docking logistics terminals in Cluj and Bacau.
(English version by Loredana Fratila-Cristescu)