TTS has been nominated for” European Small & Mid-Cap Awards 2023”
TTS is the only Romanian company nominated and competes in the "Rising Star" category - open to companies listed in 2021 and 2022, which had a market capitalization of less than €200 million as of 31.12.2022 and have significant growth prospects. The other companies nominated in this category are LumenRadio...
Electric cars in the fleet
What challenges lie ahead for carriers? Electromobility, the global megatrend of our time, is increasingly making its presence felt in the commercial road transport (CRT) sector. The pressure to reduce emissions is affecting not only manufacturers but also carriers themselves. The operation of battery-powered vehicles poses specific challenges and requirements....
FineStore rents warehouse in CTPark Bucharest North
CTPark Bucharest North industrial park offers class A warehouses for any type of business. In Romania it owns warehouses with a total area of approximately 2.5 million sqm in cities such as Arad, Brasov, Bucharest, Craiova, Oradea, Sibiu and Timisoara. In the north of the capital, FineStore rents a warehouse...
Cushman & Wakefield Echinox: More than 500.000 sq. m of logistics and industrial spaces were transacted in H1 2023
Companies leased nearly 550,000 sq. m of logistics and industrial spaces in the first half of the year. Over one third of this volume being related to pre-lease agreements, mainly in projects set to be delivered in 2024. There has been a slowdown of the development pace, as the main...
Renault Group and Geely have signed Joint Venture Agreement
Car manufacturers Renault Group and Geely have signed Joint Venture Agreement to produce and supply thermal and hybrid engines. The joint venture will supply engines to a range of automotive brands worldwide, including Volvo Cars, Proton, Nissan and Mitsubishi Motors. The new entity, to be based in the UK, will...
Fracht Group has entered into a partnership with YLOAD
Fracht Group, an international freight forwarder with operations in 70 countries and over 140 offices worldwide, has entered into a joint venture partnership with YLOAD, the Romanian start-up that created the first transport marketplace in Eastern Europe. Following the partnership, Fracht Group through Fracht Romania took over YLOAD's shipping operations,...
WDP acquired a new 20.000 sqm unit located in Pitesti metropolitan area
Logistics and light industrial spaces developer WDP acquired a new 20,000 sqm unit located in Pitesti metropolitan area. The company expands its local portfolio through a new sale-and-leaseback acquisition of an automotive production unit. The unit has a gross leasable area of approximately 20,000 sqm and will be leased back...
GXO successfully tests a 3D robotic sorting system
GXO Logistics, Inc. (NYSE: GXO), the world's largest provider of dedicated contract logistics services, announced the successful deployment of Global Robotics Services (GRS) robots in a 3D sortation system. "GXO has invested in a pilot program using robotic sorting technology to increase productivity, accuracy and operational efficiency for one of...
UTA Edenred wins two awards for the third consecutive year
UTA Edenred wins two awards for the third year in a row: the "WirtschaftsWoche best fuel card provider 2023" award in the category medium-sized companies and the "DtGV German B2B Award 2023" for customer satisfaction and value for money. UTA is one of Europe's leading fuel cards and services providers....
Dr. Max e-commerce warehouse extends
Dr. Max e-commerce warehouse extends its space in Logicor Bucharest I Logistics Park Mogosoaia to c.16,000 sqm Logicor, a leading owner, manager and developer of European logistics real estate has supported Dr. Max in extending the e-commerce warehouse space in Bucharest I Logistics Park Mogosoaia, to c.16,000 sqm. Dr. Max’s...
