The American energy company Lufkin Industries has bought a 33 ha plot in Ploiesti West Park, where it will be building a manufacturing facility in the Romanian town by 2012. The investment is believe to be worth $126m. It’s the company’s largest investment in Europe.
“The fact that we found within 1 year after the start of the development of our park, two strong
tenants such as Unilever and Lufkin, proves that people trust in our ability to deliver,” says Ivan Lokere, CEO of Alinso Group, the developer of Ploesti West Park.
Allianso Business Park SRL (the Romanian subsidiary of Alinso Group) delivered a 30,000 sqm warehouse to Unilever in April of this year, while a new 20,000 sqm logistics building will be available by the end of September.
Update: We understand that the price of the land was roughly €10m.