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Tech-Con Industry leases space at VLParks Bucharest West

Jun 20, 2024, 3:53:09 PMArticle by Alexandru Cristea
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June 20 (SeeNews) - Romanian automation solutions provider Tech-Con Industry said on Thursday that it signed a lease agreement for a space of 3,000 sqm at VLParks Bucharest West, a logistics park developed by Israeli construction group Villar International in the Bucharest-adjacent commune of Dragomiresti, Ilfov county.

Tech-Con Industry leases space at VLParks Bucharest West
VLParks Bucharest West. Source: Tech-Con Industry

"We are thrilled to establish our base at VLParks Bucharest West, marking more than just a relocation [...] The meticulously designed space encompasses approximately 3,000 sqm of warehouse area, which will significantly enhance our operational efficiency and support our ambitious expansion plans," Tech-Con Industry general manager Adrian Burtan said in a press release.

VLParks Bucharest West's first unit spans 10,000 sq m. The entire project is planned to reach a total leasable area of 80,000 sq m upon completion. Earlier this year, Dutch-based Nunner Logistics said it signed a lease agreement for 5,000 sq m at VLParks Bucharest West.

With a history of over 50 years, Villar International Group has a strong presence in Israel and internationally, having a market value of $700 million (652.6 million euro) on the Tel Aviv Stock Exchange as of end-2023, as per the press release. It owns two logistics parks near the Romanian capital, VLParks Bucharest West and VLParks Bucharest South.

Part of Tech-Con Group operating in Central and Eastern Europe, Tech-Con Industry offers a variety of products and complete solutions for industrial automation in Romania.

($ = 0.9323 euro)

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