The ranking was made by establishing the cost and benefit ratio through analysis of rent levels, labor costs, proximity to key markets, and population density.
Romania’s advantages are low rents and personnel costs, according to a press release by Cushman&Wakefield’s Romanian subsidiary. “On the other hand, slow development of the road transportation network and consequently a low level of transported goods are features preventing Romania from gaining a higher position among Europe’s industrial-logistics markets,” the release stated.
The development of retail in Romania has lead to more logistics and storage space, and this is expected to double this year, according to the report.
