Interporto Romania next month will begin works on the first warehouse of the logistics centre it plans to build in Timisoara, with investments in the first stage of the project set to amount to 5 million euros. The warehouse will initially take up only 4,200 sqm but the company officials say it might be expanded to 10,000 sqm in case of sufficient demand. “The completion of this project will create at least 1,000 new jobs in various fields from people to tend the green spots to telecommunications specialists,” Walter Stefano, Interporto Romania chairman, stated. He added a capital increase to more than 7 million euros had been operated, as well, so that the capital was now twice higher. Most of Interporto Romania’s shares are held by Italian companies: Immobiliare Generale Veneta SRL (part of industrial Peruzzo Group) – 63.3%, Finest – a financial company of the Veneto, Trentino Alto Adige and Friuli Venezia Giulia Regions – 14.08%, Simest – a financial company of the Italian State for investments in Eastern Europe – 14.08%, Institute Bancare – 7.04%, Monlandys (part of the Peruzzo Group) – 1.2%, Zona Industriale Padova Consortium – 0.02%, Interporto di Padova – 0.01% and Magazzini Generali di Padova – 0.01%. ZF