The new facility of Hexing Technologies Europe SRL, a subsidiary of the Hexing Group and Timisoara Airport Park, will serve as a hub of innovation, extending Hexing's digital energy service footprint across Europe. The state-of-the-art facility will produce advanced smart metering solutions, including intelligent electricity and water metering systems, distribution automation solutions, solar inverters, batteries, and electric vehicle chargers.
Hexing's Senior Vice President, Mrs Jessica Fan, commented on the investment, saying, "Establishing a facility in Romania aligns with our company's long-term vision of building a greener world. We are proud to play an active role in the digital development of Europe's smart power systems and to contribute to the local community by creating valuable job opportunities. We're in the midst of an intense recruitment process right now."
The Timisoara I Industrial Park, owned and operated by Globalworth, is strategically located near the international airport and offers high-tech buildings for manufacturing, warehousing, and logistics operations. Currently, almost exclusively leased, it hosts companies such as Continental, Litens Automotive, Valeo, Coca-Cola and now Hexing Romania, and in the future could accommodate another 28,500m2 GLA through expansion.
"Our community is not only getting stronger by having Hexing but is also continuously refining its standards on working conditions. With this cutting-edge facility, we are unboxing the future of I&L spaces and features and this aligns perfectly with our committed pursuit of innovation, sustainability, and customer satisfaction, aiming to set new standards in the Logistics and Industrial sector," stated Mihai Zaharia, Head of Investments Romania and Group Capital Markets Director at Globalworth.
The project was made possible by CBRE Romania and Invest Romania's assistance to Hexing.
"Timis is probably the most sought-after market by energy players, who have reached a level of maturity which requires already production facilities, not just energy land" explained Madalin Aresmeri?oaie, Senior Consultant Industrial & Logistics Services, responsible for the West/North-West market at CBRE Romania. "The Manufacturing sector is growing, returning to the pre-pandemic trend which is a sign of Romania's health - in 2023 we recorded 18% of total leasing activity. We are pleased that we have designed the best scenario for Hexing, helping them to identify the optimal location both in terms of current scale and expected growth in the coming years."
Image provided by CBRE.
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