CTPark Brașov in Romania Signs Up German High-Tech Manufacturer Diehl Controls as Maiden Tenant for Planned EUR 40 Million Research and Development Centre
■ Diehl Controls’ initial 18,000 sqm built-to-suit (BTS) project at CTPark Brașov in central Romania is part of a EUR 40 million planned development and marks its first partnership with CTP ■ The BTS facility is part of this new 50,000 sqm CTPark and will be delivered in H2 2024 ■ Diehl’s Romanian plant will create 200 jobs initially, rising to over 600 by end-2027
Bucharest, November 22nd 2022 – CTP, continental Europe’s largest listed owner, developer and operator of logistics and industrial real estate by gross lettable area, has welcomed Germany’s Diehl Controls, a leading global high-tech manufacturer, as the maiden tenant at its new 50,000 sqm business park at the city of Brașov in central Romania. The 18,000 sqm built-to-suit (BTS) research and development centre and production facility involves an initial investment of EUR 15 million, which is set to increase by EUR 40 million during the ramp-up phase over the next 10 years. The development marks Diehl Controls’ first partnership with CTP and its third production plant in Europe.
CTPark Brașov is located to the north of the city on the DN13 motorway, has good connections to public transport and the nearby airport, and offers flexible space for distribution or manufacturing. Diehl Controls develops and produces electronic components and systems. The first phase of its BTS facility at CTPark Brașov is scheduled for delivery in the second half of 2024. Diehl Controls is part of Germany’s Diehl Group which employs approximately 17,000 people worldwide in five divisions.
Diehl Controls currently operates two manufacturing plants in Europe: one at the company’s headquarters in Wangen near the German-Swiss border with approx. 550 employees, and another in Namyslow near Wroclaw in the southwest of Poland, where it employs approximately 1,300 staff.
Diehl Controls’ new production facility at CTPark Brașov will create more than 200 new jobs by the end of 2024 assuming both the approval procedures and construction of the facility go according to plan. That number is expected to increase to more than 600 jobs by the end of 2027 Diehl Controls, in cooperation with the city of Brașov, plans to support and jointly develop the Transylvanian University’s dual education programme for qualified professionals, technicians and engineers, created by the local industry. The existing training system in Brasov is comparable to the system in Germany. For Diehl, this was an important decision criterion for the selection of the location in order to gain good skilled workers for the production plant in Brasov.
Romania is CTP’s second-largest market in Europe, accounting for over 2.3 million sqm of class A warehouses in 15 cities including: Arad, Brașov, Bucharest, Caransebeș, Cluj-Napoca, Craiova, Deva, Oradea, Pitesti, Sibiu, Targu Mures, Timisoara, Turda, Ineu and Salonta. CTP recently extended its partnership with QeOPS, one of the leading providers of e-fulfillment services and customized logistics solutions in Romania, at CTPark Bucharest. With this expansion, QeOPS has increased its occupied warehouse space at CTPark Bucharest to approximately 15,000 sqm.
Diehl is a financially independent, family-run company founded in 1902 employing approximately 17,000 people worldwide in five industrial sectors. Diehl Controls produces technical products and solutions for household and industrial appliances such as heat pumps, washing machines, refrigerators and battery management systems. Its client base includes BSH, Electrolux, Haier, Miele, Panasonic, Stiebel Eltron, Stihl, Vaillant or Whirlpool. Diehl Controls has approximately 3,700 employees globally.
For more information, please visit diehl.com.
CTP is the largest owner, developer and manager of logistics and industrial real estate in Continental Europe by gross leasable area, owning over 9.9 million m² of space in ten countries. CTP is the only developer in the region with its entire portfolio BREEAM certified and carbon neutral operations from 2021, underpinning its commitment to being a sustainable business.
For more information, please visit ctp.eu.