Romania's industrial stock totaled 7.3 million sqm during H1 2024, while new projects spanning 700,000 sqm were under various development stages, according to a report by Colliers.
Contract renewals accounted for approximately 50% of office transactions in Bucharest during H1 2024, while the total demand fell to around 160,000 sqm, according to a Colliers report.
The factory inauguration marks the successful completion of a 2-year-long project and sets the ground for commercial production in early 2025.
Percentage of consumers intent on buying an electric vehicle (EV) rises just three percentage points year-on-year (to 58%) with lack of charging infrastructure a widely cited issue.
With 50% of global plastic waste ending up in landfills and only 9% recycled, GR3N developed MADE, the Microwave Assisted DEpolymerization solution.
The entrepreneurs penetrated the market with a service-oriented business, establishing as a team with niche expertise in developing marketing strategies for restaurants.
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.