A new testing lab, the third at the location, will be built on the largest part of the expanded area, says Nicolae Neagu, Hella Technical Center Craiova manager.

Hella currently employs more than 5,500 people in its design and development centers in Timisoara, Arad, Lugoj, Oradea, Craiova and Iasi, an increase of around 10% compared with 2022.

With the signing of this contract, the occupancy rate of A building of ElectroPutere Park, owned by French real estate group Catinvest, has reached 100%.

Catinvest plans investments in retail, office spaces and other services such as co-working or apart-hotel spaces, with a total budget of over EUR60 million in the next 2-3 years.

(English version by Catalina Apostoiu)