Cupio, a Romanian brand of professional cosmetics, leased 3.200 sq. m of warehouse spaces in the CTPark Timișoara Ghiroda project, located near the Timișoara International Airport, in a transaction brokered by Cushman & Wakefield Echinox.
Cupio was founded in 2012, following an 10.000-euro investment from Răzvan and Raluca Ștefănescu and reached a turnover of EUR 15 million last year.
The Romanian brand has 21 stores in across the country, while also having a significant presence on the online retail market.
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Cupio products are also sold through a series distributors in Germany, Italy, Denmark and Belgium.
Previously, the company’s warehouse and logistics operations were run from a much smaller space in Timisoara, as the new location will also incorporate the company’s offices.