The logistics project is located on an 11-hectare land plot in Braila Free Zone. Element Industrial plans to develop a logistics park with a total gross area of 50,000 square metres, in three stages. The construction decision also comes as the bridge across the Danube is set to be completed in 2023.
“(…) We’ve recently got the building permit for the first stage, of 10,000 square metres, an option for distribution, production or logistics, with direct access to E584,” said Andrei Jerca, managing director of Element Industrial.
The next step is nationwide expansion and the acquisition of new land plots.
Element Industrial also launched Eli Express, a new line of business based on the proximity warehousing concept.
Founded by Ionut Dumitrescu, the group is a stakeholder in the office arm of One United. It develops retail parks under the Element Development brand and a series of logistics parks in Bucharest and other Romanian cities under the Element Industrial brand.
(English version by Catalina Apostoiu)