Chinese company TOPBAND Europe to lease 11.000 sq m in Olympian Timșoara

TOPBAND Europe leased 11,000 sq m in the Olympian industrial park in Timișoara and marks the entry of the Chinese company into the Romanian market.

Olympian Industrial Park conveniently accommodates the immediate requirement of 11,000 sq m, but also offers the possibility of expansion with another 12,000 sq m in the future, up to a total of 23,000 sq m.

TOPBAND Europe focuses on four major production directions: three of them in the electronics area, with intelligent controller solutions and one in the technology area.

With this new transaction, the rented volume in Timisoara reaches approximately 30,000 sq m.

The modern stock of industrial spaces in Timisoara accounts for approximately 560,000 sq m with a vacancy rate of 9%. 123,500 sq m are already under development.

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