Expansion of Industrial Presence in Oradea
CTP, a prominent developer, owner, and operator of industrial and logistics properties across Europe, is progressing with the construction of a new 10,800 square meter building at CTPark Oradea North. This development marks a significant step in expanding the company’s footprint in western Romania. With this project, the total gross leasable area within CTP’s development pipeline in Oradea now surpasses 100,000 square meters.
The new facility is strategically located on Calea Borșului, one of Oradea’s primary industrial corridors. This location provides excellent access to cross-border trade routes within the European Union, making it an attractive option for businesses looking to establish or expand their operations. The area is known for being a major development zone that hosts numerous logistics centers, factories, warehouses, and industrial parks, including Eurobusiness Park I.
The newly constructed building will offer 10,800 square meters of modern logistics and industrial space. It will feature units starting from 3,000 square meters, making it suitable for a wide range of business needs. The space is available for lease, with expected occupancy scheduled for the second quarter of 2026.
Ronald Binkofski, Managing Director for Romania at CTP, highlighted the significance of this expansion: “Oradea has solidified its position as a regional logistics hub, offering investors the infrastructure, connectivity, and skilled workforce necessary for growth. We continue to invest in Oradea, expanding CTPark Oradea North with new, sustainable facilities.”
A Network of Industrial Parks
CTP maintains a strong presence in the Oradea area by operating three key industrial parks:
- CTPark Oradea North: A major development site that continues to attract businesses seeking strategic locations.
- CTPark Oradea Cargo Terminal: Located near the airport, this park serves as a critical link for freight and logistics operations.
- CTPark Oradea City: Fully leased by Iwis, this park is a testament to the demand for high-quality industrial spaces in the region.
These parks collectively contribute to the growth of Oradea as a central hub for industrial and logistics activities.
National Expansion and Strategic Vision
Beyond Oradea, CTP supports national business expansion through developments in several key cities across Romania. These include Bucharest, Timișoara, Arad, Sibiu, Craiova, and Brașov. Each of these locations offers unique advantages, from access to major transportation networks to proximity to skilled labor markets.
By focusing on these strategic regions, CTP continues to play a vital role in shaping the industrial landscape of Romania. The company’s commitment to sustainability and modern infrastructure ensures that its developments meet the evolving needs of businesses and industries.
Conclusion
With the ongoing construction of the new building at CTPark Oradea North, CTP reinforces its position as a leader in the industrial and logistics sector in Europe. The expansion not only enhances the company’s portfolio but also contributes to the economic growth of the region. As the demand for efficient and sustainable logistics solutions continues to rise, CTP remains well-positioned to meet these challenges and opportunities head-on.