CTP has leased 13,000 sqm of production space at CTPark Deva II in western Romania to leading Chinese automotive component company KSHG Auto Harness.
The company is significantly expanding its presence at this logistic and industrial park, having already taken 8,000 sqm of production space there in 2022.
KSHG Auto Harness moved to CTPark Deva II in 2022, creating 400 new jobs in the process and since then the business has been securing new projects from European customers that will create more jobs in Romania.
Established in 1988, Kunshan Huguang Automotive Electric Co., Ltd. is a privately owned company, specialising in the development and production of high and low voltage automotive wiring harnesses.
Romania is CTP’s second largest market, representing over 2.6 million sqm of its portfolio across Class A industrial and logistics space in more than 15 Romanian cities.