Fränkische Expands to Romania with CTP
Fränkische, a long-term CTP tenant, has expanded operations to Romania with a 3,400 m2 custom-built CTFit manufacturing facility at CTPark Turda, in
Romania’s central, high-tech Cluj region. Handover scheduled for Q2 2015. 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. Fränkische chose to expand to Romania to take advantage of favourable market conditions, and the investment represents the company’s first production facility in south-eastern Europe. Fränkische selected CTPark Turda for its strategic location at the centre of Romania’s most dynamic business region. CTPark Turda encompasses 24 hectares and is permitted and prepared for further development. The site benefits from close proximity to the university city of Cluj-Napoca, as well as from direct access to the A3 and A10 motorways, which link the site to all major Romanian cities, to the Hungarian border, and to the international motorway network. The site is one of three CTPark
Network locations in Romania—all of which are pre-zoned and permitted for expansion.