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CTP Hands over 4,000 m2 to Fränkische at CTPark Turda, Romania

31

03

2015

CTP hands over a 4,000 m² unit in CTPark Turda to long-term client, Fränkische, on April 1st 2015. Investments into CTPark Turda exceed EUR 5 million, including construction of new infrastructure and also completion of phase I of the Fränkische service centre. Construction on the unit began in Autumn 2014 and continued over the winter months.

CTPark Turda is strategically located on the A3 motorway (operational) and the A10 motorway (currently in construction), in the centre of Romania. The park is close by the city of Cluj (home to a large technical university), and an international airport.

CTPark Turda covers an area of approx. 25 hectares of zoned land with permits and infrastructure. CTP is in an advanced stage of negotiations with further interested parties.

Fränkische, a major producer of plastic piping for the automotive and white goods industries, currently utilises a 19,000 m2 custom-built facility at CTPark Okříšky in the Czech Republic. Fränkische joined the CTPark Network (CZ) in 2007 and in 2013 expanded operations with a 7,290 m2 custom-built extension