Arctic will use the new facility to store production from its plant in Gaesti and from the new plant in Ulmi, Dambovita.

The warehouse will be completed this fall, most likely in September or October. CTP is also working on the extension of the Faurecia plant in Cateasca, which it will complete next year.

“The Arctic warehouse will have a 20,000 square meter area and the Faurecia extension will be about 6,700 square meters,” CTP officials said without providing further details.

Several kilometers closer to Pitesti, in Oarja, the second largest industrial space developer in the country, WDP, is building a 50,000 square meter warehouse for CEVA Logistics, which has a contract with Pirelli group.

Romania has the potential to become a logistics hub in the region, for deliveries going to nearby countries and even Turkey, and 650,000 square meters of class A storage space are to be delivered this year, says Laurentiu Duica, director of the industrial department of real state consultant Colliers International.

(English version by Loredana Fratila-Cristescu)