CTP expands its cooperation with FRÄNKISCHE Romania in CTPark Turda reaching a total of over 10,000 sqm

CTP, one of the most important industrial parks developers and long-term manager in Romania and Central and Eastern Europe, and the German producer of pipes, shafts and system components made of plastic and metal Fränkische, expands their collaboration in CTPark Turda exceeding 10,000 sqm of logistics spaces. This surface was reached after the construction of a new building of around 7,000 sqm, as an expansion of the one the German company already occupies since 2015.

The new building will be used for both storage and production activities. The building’s construction started on May 2017 and was finalized in February 2018. The new facility has been developed at the highest standards in terms of energy efficiency and innovative systems used.

Fränkische Romania, part of the German group FRÄNKISCHE, is a tenant of CTPark Turda since 2015 when they leased a logistics facility of about 3,400 sqm used for production and storage activities.

“The renewal and expansion of the partnerships we have with our existing clients are always a reason of satisfaction because it shows that we have fulfilled our role properly. We want to increase the number and quality of the facilities we offer to our customers at all times. The expansion we have built for Fränkische Romania includes storage and production facilities designed to meet their needs, as well as office spaces, ” said Calin Cioban, property manager of CTP Romania, for Transylvania region.

“We decided to expand our spaces due to the growth of our business in the region and I consider this new expansion is an asset in increasing Fränkische Romania’s turnover by lowering the delivery time and increasing flexibility. We have been working very well with CTP for almost three years now, and I am sure this is a new stage of a long term partnership,” added Paul Cioban, plant manager of Fränkische Romania’s facility in Turda.

CTP is a commercial real estate developer and manager, specializing in the delivery and management of custom-built, high-tech business parks for international and domestic companies.