Tino Brașov the oldest shoe factory in Romania has closed

19 July 2023

Tino, a shoe factory founded 125 years ago in Brașov, has been closed and its properties are being promised for sale to a company owned by Belgian investors Jan Demeyere and Didier Balcaen, founders of the Belgian real estate developer Speedweel.

In Tino’s property there is a land of about 17,600 sqm, which is divided into 37 lots, as well as the former production halls.

The real estate developer Speedwell also bought the land of the former 1 Iunie textile factory in Timișoara last month. The purchase was made with the aim of developing a project with homes, offices and shops on this land.

Source: Profit.ro

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