“Companies in Retail/FMCG particularly are reconsidering their market coverage strategies and the trend is to let go of large regional warehousing in favor of smaller, local spaces. Decentralization could define 2021,” said Mustata.
The new trend could generate new demand for logistics space in Romania, which is well positioned and offers access to a wide market, with the capacity to cover deliveries to Serbia, Bulgari or even Greece.
Romania could benefit from the relocation or downsizing of logistics spaces in Poland or Czech Republic but the country needs to continue updating its infrastructure and railway investments are mandatory, said Mustata, as more and more companies are implementing lower carbon footprint policies and rail transport is less polluting.
He said the Transylvania region could be highly attractive in terms of logistics space due to its connectivity to Western Europe.
“A region such as Transylvania is very interesting because it is well connected to the rest of Europe, especially for automotive industry companies. The region offers optimal delivery time to factories in Hungary, Czech Republic or Poland, as well as to the Ford and Dacia plants is southern Romania.”