New recycling factory opens in Sofia industrial park

21
Jun
2023
News - New recycling factory opens in Sofia industrial park #Bulgaria #industrial #investment #SEE #Turbo Garant #Turbo Hoet Group

by Property Forum | Industrial

Turbo Garant, the Bulgarian subsidiary of Belgium's Turbos Hoet Group, opened a remanufactured turbocharger plant near Sofia on June 15th, an investment project worth €2.8 million, the company said in a press release.


The plant located in the Bozhurishte Industrial Zone will rework all types of turbochargers for internal combustion engines - from those for passenger cars to turbines for heavy trucks and vessels.

The facility, which has a built-up area of 3,210 sqm, spreads over a land plot of 14,000 sqm. It employs 40 staff, with the Belgian investor expecting to double that number.

The Belgian group claims to be the largest company in Europe active in the system repairs sector that helps increase the power of engines in vehicles and in the distribution of new and recycled turbines. Turbos Hoet also has a large commercial vehicle dealer network, with 78 dealerships across eight countries, including Romania and Moldova.




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New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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