“The new industrial hall is located within the industrial park in Sanandrei, where there already is a 4,000-sqm building, completed in 2017. The new building covers 7,300 sqm, with separate access from the first building. The industrial hall is due for delivery at the beginning of May 2019“, said Adriana Cioca, administrator and development manager of Artemis in Romania.
The industrial hall in Sanandrei park is built by Bacau-based company SSAB, which also built hypermarkets for Kaufland and production halls for CTP.
The first building in Sanandrei generates revenue of over EUR200,000 annually, hosting both local and international tenants which operate in various industries, among which the food and automotive industries.
Artemis has invested nearly EUR30 million in Romania since its entry on the local market to date. In Romania, Artemis holds industrial parks Sanandrei Industrial Park, Banat Business Park, Dudesti, Giarmata and Parc Industrial Aeroport, all located in Timis County, covering 170 hectares. All projects are fully occupied, according to the latest data.
A perfusion solutions plant of German company B Braun, an investment of EUR120 million, is being built within Banat Business Park – one of the projects included in Artemis’ portfolio.
Artemis Holding is a business founded by Swiss family Pieper. Globally, Artemis registers a turnover of EUR2.7 billion annually and has 12,000 employees. The business is divided into four segments: Franke Group (home appliance manufacturer), Feintool Group (engrossed in industrial activities), Artemis Real Estate and Artemis Asset Management (responsible with the real estate division).