Romania: Industrial & Logistics Barometer Spring 2019

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The Romanian industrial and logistics market ended a less than stellar first quarter, with total leasing transactions of storage spaces more than halving in 1Q19.

 

Still, robust private consumption fueling demand for warehouses and our own pipeline suggest that the second part of the year should be more dynamic; indeed, last year’s fourth quarter alone accounted for half of 2018’s activity. 

As a special theme for this quarter, we analyzed the regional intensity of national freight transport operations based on the quantity of goods loaded and the results underscore big discrepancies. Indeed, the most active 7 regions (including Bucharest) add up to one third of the total quantity of transported goods each year, whereas the 7 least active counties scrape together just about 6% of the total market. We expect these regional hubs to continue expanding nicely over the longer term and also expect at least one strong center to emerge in the region of Moldova over time.

 

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Romania: Industrial & Logistics Barometer Spring 2019

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Silviu Pop

Head of Research | Romania

Bucharest

Before joining Colliers mid-2017 as Head of Research for Romania, Silviu Pop worked with ING Bank for close to three years as an economist, covering macroeconomic/financial market themes for Romania, Bulgaria, Serbia and Croatia. His previous professional experience includes working almost 7 years as a financial journalist at various media outlets in Romania, including the sole business-oriented TV station in Romania, where he hosted a daily show for a period of time; during this interval,  he won a number of scholarships, including a stint with Reuters. He holds a BSc in economics at the Bucharest University of Economic Studies.

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Laurentiu Duica

Director | Partner | Romania

Bucharest

Over 12 years’ worth of experience in the industrial market, and has worked both in the operational and sales side. Prior to joining Colliers International, he was head of leasing and development at P3, a developer and manager of European logistics properties. Laurentiu has also worked for seven years at FM Logistics, one of the largest logistics providers in Europe and Romania, advancing to the position of commercial manager.

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