ARTICLES LABELLED WITH TAG manufacturing

Deloitte Romania and Reff & Associates, the law firm representing Deloitte Legal global network in Romania, provided assistance to Haier Tech, a Romanian company belonging to the Haier Group, in the project for building in Prahova county the first Haier’s refrigeration factory in the European Union. After assisting Haier Tech in obtaining the financing agreement for state aid in December 2019, Deloitte’s Management Consulting practice is now advising Haier Tech in the implementation of the large investment project that exceeds €53 million, for which the state will provide aid of €25 million.

Panattoni is to build a production plant of 40,000 sqm in Kalisz, Western Poland. The tenant is a leading German producer of industrial equipment. The BTS project is to be completed in the third quarter of 2021. As a result, the tenant will increase its production capacity in Poland and double its staffing levels by eventually employing around 650 people.

Dywidag Systems International has leased 24,000 sqm of production-social space in Panattoni Park Ruda Śląska II, site for the production of Post-Tensioning Systems and Stay Cable Systems. The tenant was represented by Cresa Poland.

CEE’s highly skilled and lower cost workforce, its well-established track record and competitiveness in industrial production coupled with the fact that the region has enabled manufacturers to generate higher levels of economic output at disproportionately lower operating costs is a compelling case for continued FDI into the region, according to Colliers International.

As the manufacturing sector begins to reopen around the world, new trends are emerging in response to the global COVID-19 pandemic, according to new research by Cushman & Wakefield.

The Czech Republic came within the top ten countries around the world again this year in Cushman & Wakefield’s annual ranking based on the criteria such as operating costs including labour and the rate of economic and political risk. The country has regularly ranked among the best destination for manufacturers seeking to locate their operations since 2016 when it was included in the chart for the first time. The ability to bounce back after the coronavirus crisis was rated for the first time this year and the Czech Republic succeeded in this respect as well.

The European Investment Bank (EIB) has signed a €125 million loan with Umicore, a Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Nysa, Southwestern Poland. The cathode materials will be supplied to battery manufacturers of high-tech lithium-ion batteries that are primarily used in electric vehicles. 

Panattoni is launching the construction of close to 15,000 sqm for Phoenix Contact E-Mobility. The BTS facility will be delivered at the Rzeszów-Dworzysko Science and Technology Park, which will promote the tenant’s collaboration with research centres and ensure good access to qualified staff. The building will be commissioned in late 2020/early 2021 and will offer space for 330 employees.

Reduced output in March & May in the automotive sector could change the typical activity curve in 2020, with busier summer months ahead to make up for lost time. Colliers International has just launched its recent research piece in which e it discusses the importance of particular months for the manufacturing sector in the EMEA region as well as presents the outlook for the coming months.

Panattoni will build a dedicated facility for Weber, US manufacturer of grills and accessories. The 50,000-square-metre BTS (built-to-suit) facility will be developed in Zabrze and the tenant will move into in August 2021.