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.




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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