Element Industrial, supported by entrepreneurs Sacha Dragic and Ionuț Dumitrescu, continues its national development strategy through the new logistics and industrial park in Oradea, with an area of 30,000 sqm and an investment of EUR 22 million. The project will be located in the western area of the city and will benefit from direct access to the future ring road of the city of Oradea and direct connection to the A3 highway.
The new logistics park in Oradea will include two buildings, with a total area of 30,000 sqm. For the first phase of the 10,000 sqm project, the building permit was obtained and the works will start in the summer of this year at the latest. The project addresses both the tenants in the production area and in the logistics area.
Recently, Element Industrial announced that it will continue the development of the hub in North-West Bucharest with two new projects, ELI Park 4 and ELI Park 3.3, with a total area of 42,000 sqm.
In addition to the hub in the North-West area of the Capital, the developer is working on a series of projects in cities such as Brăila, Ploiesti or Bacău.