Ploiesti West Park continues to attract new foreign investors (RO)

SC Allianso Business Park SRL, the Romanian subsidiary of Alinso Group, has signed a sales contract with the Toro Company, leading worldwide provider of precision irrigation systems. The Toro Company has purchased a plot of 3.5 hectares in Ploiesti West Park on which it intends to construct a manufacturing facility of 11,000 m² that will employ approximately 100 people, once fully operational.

Ploiesti West Park

Ploiesti West Park, Romania.

Construction will start in early 2011 and the facility will include production/assembly, warehouse and office space. Once complete, Toro's new facility will manufacture micro irrigation products for growers of vegetables, field crops, orchards and vineyards in Eastern Europe, Russia and Ukraine.

"I am proud to see that reputable companies, like Unilever, Lufkin and Toro, confirm their interest in being part of Ploiesti West Park, a major industrial hub for the Prahova region and for Eastern Europe at large. Toro's strategic investment here proves once again that Ploiesti West Park is a strategic location for companies expanding in the region, and it also creates good premises for future growth of Romania's agricultural status," stated Ivan Lokere, CEO of Alinso Group.

Ploiesti West Park has already delivered 30,000 m² of class-A logistics warehouse to Unilever in April, 2010, while construction on Lufkin's new manufacturing facility has already started, following a 33-hectare transaction last year. Another 20,000-m² logistics building was finalized last year with delivery to end-users scheduled for Q1 2011. The next major development for Ploiesti West Park is the construction of the first SME (Small and Medium Enterprises) building of 17,860 m², for which excavation work has already started. Ploiesti West Park is fast becoming one of the major logistic hubs as well as a leading industrial park in both Romania and Europe.

"We selected Ploiesti West Park in Romania due to its central position, good transportation infrastructure, and access to skilled manufacturing resources. It's also in close proximity to Romania's growing agricultural region," stated Kirt Williams, General Manager Romania, Toro Company.

Source: BDR Associates

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