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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Foreign logistic chains driven by Romania's high yields

Dutch logistics spaces operator Raben plans three new warehouses in Romania in 2021, on top of the seven units it already operates on the local market, according to said Tomasz Niezwicki, Raben's chief for Central and Eastern Europe.

"Companies will return from Asia to Europe. We need to be prepared for that moment, "said Niezwicki, quoted by Ziarul Financiar.

The Dutch group Raben operates in 13 countries and serves industries such as retail or automotive.

Logistics companies are stepping up the pace of expansion in the Southeast Europe region, as it is a viable solution for manufacturers looking to relocate operations closer to the European market, Reuters explains, putting Raben's planned investment in perspective.

"There is potential to attract production or logistics activities in Romania, especially if we consider the cost of labor, comparable between Romania and China, for example," reads the 2021 Report of the real estate consulting company Colliers International.

Foreign investors were attracted by yields that were between 8 and 10% in industrial and logistics areas in Romania and Bulgaria in 2020, compared to 5-7% in Poland, the Czech Republic, Slovakia, and Hungary, respectively 4.5% in Germany or France, according to Colliers.

(Photo: Ronstik | Dreamstime.com)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Foreign logistic chains driven by Romania's high yields

Dutch logistics spaces operator Raben plans three new warehouses in Romania in 2021, on top of the seven units it already operates on the local market, according to said Tomasz Niezwicki, Raben's chief for Central and Eastern Europe.

"Companies will return from Asia to Europe. We need to be prepared for that moment, "said Niezwicki, quoted by Ziarul Financiar.

The Dutch group Raben operates in 13 countries and serves industries such as retail or automotive.

Logistics companies are stepping up the pace of expansion in the Southeast Europe region, as it is a viable solution for manufacturers looking to relocate operations closer to the European market, Reuters explains, putting Raben's planned investment in perspective.

"There is potential to attract production or logistics activities in Romania, especially if we consider the cost of labor, comparable between Romania and China, for example," reads the 2021 Report of the real estate consulting company Colliers International.

Foreign investors were attracted by yields that were between 8 and 10% in industrial and logistics areas in Romania and Bulgaria in 2020, compared to 5-7% in Poland, the Czech Republic, Slovakia, and Hungary, respectively 4.5% in Germany or France, according to Colliers.

(Photo: Ronstik | Dreamstime.com)

andrei@romania-insider.com

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