19. 06. 2025

CTP to deliver 9,500 sqm production facility for DEHN at CTPark Pitești in Romania

CTP, Europe’s largest listed developer, owner, and operator of industrial and logistics real estate by gross lettable area (GLA), has signed a long-term partnership with German technology leader DEHN to develop a 9,500 sqm production facility in Romania. The new custom-built unit will be located within CTPark Pitești, one of the company’s key industrial hubs in Southern Romania.

Construction commences this summer, with completion scheduled for Q2 2026. This strategic investment marks DEHN’s first production unit in Romania and is a key milestone in the company’s international growth journey.

DEHN is a global expert in electrical engineering solutions for critical infrastructure, including lightning and surge protection as well as safety equipment. Headquartered in Neumarkt, Germany, the company has 115 years of innovation experience enabling future-focused industries such as e-mobility, renewables, and smart grids. With a broad portfolio of more than 4,000 products distributed in over 70 countries, the family-owned business currently employs over 2,500 people worldwide.

The new facility in Romania is being developed as a tailor-made, built-to-suit solution by CTP, leveraging the full scope of its integrated platform: from land acquisition and permitting to energy services, financing, and long-term property management. The site at CTPark Pitești was selected for its strategic location along the A1/E70 motorway corridor, proximity to the automotive and high-tech cluster in southern Romania, and access to a skilled workforce.

The facility will support the company’s supply to Germany and become an integral part of DEHN’s global production network. The expansion supports DEHN’s efforts to diversify supply chains and meet increasing demand in core European markets. The transaction was facilitated by CBRE Romania.

Peter Ceresnik, COO CTP and Managing Director CTP Romania said:

“We are proud to welcome DEHN to our growing community of high-value manufacturers. Their decision to expand in Pitești is a testament to Romania’s competitive edge and to CTP’s ability to deliver future-proof, scalable solutions that align with global business priorities.”
 

Dr Philipp Dehn, CEO at DEHN commented:

“Establishing a new production location in Romania reflects our long-term vision to scale up in high-growth markets, while maintaining the quality and innovation standards DEHN is known for. We are excited about our partnership with CTP, who have demonstrated the flexibility, reliability, and deep commitment to success that we look for in our partners.”
 

With its highly educated workforce, cost efficiency, and EU access, Romania is rapidly emerging as a preferred nearshoring destination for advanced manufacturing. The country ranks among Europe’s leaders in STEM graduates and English proficiency, while its strategic location offers seamless integration into continental supply chains.

CTP is the largest owner and developer of industrial and logistics space in Romania, with over 3 million sqm of Class A facilities across major cities including Bucharest, Timișoara, Brașov, Sibiu, and Cluj-Napoca.

 

 

 

About CTP
CTP is Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area, owning 13.4 million sqm of GLA across 10 countries as at 31 March 2025. CTP certifies all new buildings to BREEAM Very good or better and earned a negligible-risk ESG rating by Sustainalytics, underlining its commitment to being a sustainable business. For more information, visit CTP’s corporate website: www.ctp.eu

 

CONTACT DETAILS FOR ANALYST AND INVESTOR ENQUIRIES:
CTP
Maarten Otte, Head of Investor Relations
Email: maarten.otte@ctp.eu

IR TEAM
Email:  investor.relations@ctp.eu

 

CONTACT DETAILS FOR MEDIA ENQUIRIES:
Patryk Statkiewicz
Group Head of Marketing & PR
Mobile: +31 (0) 629 596 119
Email: patryk.statkiewicz@ctp.eu

 

 
Important notice about forward looking information
This announcement contains certain forward-looking statements with respect to the financial condition, results of operations and business of CTP. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “plans”, “projects”, “anticipates”, “expects”, “intends”, “targets”, “may”, “aims”, “likely”, “would”, “could”, “can have”, “will” or “should” or, in each case, their negative or other variations or comparable terminology. Forward-looking statements may and often do differ materially from actual results. As a result, undue influence should not be placed on any forward-looking statement.

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