ROMANIA: FM Logistic to invest 5 million euros in a new warehouse | Progresiv
FM Logistic Romania announced a 5 million euros investment in the construction of the fourth cell of 10,000 square meters of the logistic platform in Petresti, Dambovita county. Works began in early April and will be completed in August this year. 
Currently the platform located near Bucharest-Pitesti A1 Highway has a total area of 20,000 square meters and can be extended to a maximum of 120,000 sqm.
FM Logistic reported a turnover of 23.5 million euros in the fiscal year 2014-2015 and operates three logistics platforms on the local market, in Timis, Bucharest and Dambovita, with a total area of 55,000 square meters and two cross-docking logistic terminals in Cluj and Bacau.
Locally, the company offers customized logistics solutions to optimize operations within the supply chain, such as storage, a full range of transportation services and value-added services (co-packing). Among the company's clients are Cora, Carrefour, Nestle, L'Oréal and Reckitt Benckiser.
