This facility introduces an innovative concept that has already proven successful in other international markets and is now available to businesses in Romania.
Nearshoring has gained considerable popularity in recent years as a replacement for traditional offshoring/outsourcing practices.
Logicor also owns an 8.2-hectare plot next to the Arabesque materials warehouse in eastern Bucharest.
The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB.
In logistic spaces, offices are requested for the HR, accounting, or technical support departments of companies that already have a presence in TRC spaces.
Cargus will operate in a new, modern facility, of 3,100 square meters including the warehouse, a Cargus SHIP & GO location and offices.
Solero Technologies, a global supplier of automotive components, has announced a significant expansion into Europe through the acquisition of Kendrion's automotive business.
7X Partners, a private equity investment company, has acquired a 40% stake in Leventer Medical Group, a centre for dermato-oncology based in Bucharest.
Bucharest is poised for a significant expansion in its data centre capacity, with projections indicating a rise from the current 20 MW to 50 MW within the next two years.
Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.
The European Bank for Reconstruction and Development (EBRD) has announced the launch of an international tender to find new investors for Giurgiulești International Free Port.