The project includes 1,800 square meters of offices and 2,700 sqm of service and storage spaces and entailed an investment of EUR6.9 million, company officials said.
“This project plays a strategic role for Wilo in Eastern Europe. The EUR6.9 million investment is deeply anchored in development partnerships in Romania and the region,” said Gabriel Nita, managing director Wilo Romania & Moldova.
Wilo Romania supplies equipment for residential, office and retail buildings. On the water management segment, Wilo provides water supply, treatment and sewage equipment.
Wilo’s major projects in Romania include SkyTower, AFI Park Cotroceni, Bucharest One Office Building, Mega Mall Bucharest, Palace Mall in Iasi, United Business Center Cluj-Napoca, Continental factories in Timisoara and Sibiu and the Ford assembly plant in Craiova.
Wilo’s turnover in Romania stood at RON70.2 million in 2018 and the company made a profit of RON5.9 million, according to the most recent finance ministry data available.