“Work on the Platinia complex is well underway and the estimated delivery deadline is December 2016,” Oana Banut, PR and marketing manager of Platinia told ZF Transilvania.

The Platinia project includes both residential and retail space and the gross building area stands at 60,000 square meters.

Part of the funding for the development, 40 million lei (EUR9 million), came from Libra Internet Bank, held by New Century Holdings.

The general contractor is Platinia Center, established in January 2015. The developer is Florisal, based in Satu Mare and held by businessman Sile Puscas, son of Vasile Puscas, Romania’s former chief negotiator with the EU in 2000-2004, who is now a professor at the Babes-Bolyai University in Cluj and also a member of Banca Transilvania board.

Florisal has previously completed two projects in Cluj, Platinia Lounge Residence and an office and residential space complex, Platinia Elite Residence.

(English version by Loredana Fratila-Cristescu)