TitanX Engine Cooling and CTP strengthen cooperation with opening of new factory at CTPark Opole

Warsaw, 16 January 2024 – CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has officially opened the new TitanX Engine Cooling factory at CTPark Opole in Poland. TitanX, the global supplier of cooling systems for trucks, has now launched its production operations in the OPO3 building, which is part of the CTPark Opole industrial and logistics complex. In doing so, TitanX has increased the previously occupied space by 18,320 sq m, consolidating all engineering processes in a single investment, which was built-to-suit by CTP.

TitanX Engine Cooling, a global company with subsidiaries in Sweden, Poland, Italy, China, USA, Brazil and Mexico, develops and supplies innovative powertrain cooling systems. The company’s aim is to work towards the decarbonisation of the transport sector and to support customers in the development of zero-emission vehicles. TitanX Engine Cooling works with most of the largest truck manufacturers in Europe.

TitanX Engine Cooling has been operating at CTPark Opole since 2018. At that time, the company leased a space of 11,582 sqm, becoming one of the first CTP tenants in Poland. Since then, it has been steadily expanding its operations in the Opole complex, taking full advantage of its strategic location between East and West Europe. In the future, there are plans to expand the plant further by almost 8,700 sqm.

With the planned launch of several new solutions for automotive customers in late 2024, the TitanX branch in Opole will play a key role in the brand’s expansion into the European market. In the OPO3 building, in addition to the production space, the company has also taken up office and social areas. The opening of the factory has translated into a significant increase in the number of jobs in the region – currently 150 specialists are employed there. The company expects further significant growth in this area. Indeed, Opole and its surroundings offer a talent pool that has the potential to strengthen the brand’s product engineering and business processes.

In addition to TitanX Engine Cooling, companies such as Raben, UFI Filters and International Automotive Components (IAC) also have their branches at CTPark Opole.

The CTPark Opole complex will ultimately consist of a complex of four buildings, providing a total of more than 80,000 sq m of leasable space. The Opole investment, like all those in CTP’s portfolio, has been built with respect for the principles of sustainable development. It is distinguished by high environmental standards, supporting tenants in implementing their ESG strategies. CTPark Opole has been BREEAM certified and offers the possibility of installing photovoltaic systems on the roofs, as well as having a BMS system.

About CTP

CTP is the largest listed owner, developer and manager of logistics and industrial real estate in terms of gross leasable area, with 11.2 million sq m. GLA in 10 countries (as of 30 September 2023). The company certifies all new buildings under BREEAM at ‘very good’ or above and has achieved a negligible-risk ESG rating from Sustainalytics, reaffirming its commitment to sustainability. For more information, please visit: www.ctp.eu.

CONTACT DETAILS:

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

SEC Newgate

Sara Champness/James Carnegie
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Email: CTP@SECNewgate.co.uk