German High-Tech Manufacturer Diehl Controls to open an R&D centre in Brașov

The development marks Diehl Controls’ first partnership with CTP and its third production plant in Europe

Diehl Controls, a leading global high-tech manufacturer, is the main tenant of a new 50,000 sqm business park developed by CTP in the city of Brașov, central Romania.

The 18,000 sq m built-to-suit (BTS) research and development centre and production facility involves an initial investment of EUR 15 million, which is set to increase by EUR 40 million during the ramp-up phase over the next 10 years.

Diehl Controls develops and produces electronic components and systems. The first phase of its BTS facility at CTPark Brașov is scheduled for delivery in the second half of 2024.

Diehl Controls is part of Germany’s Diehl Group which employs approximately 17,000 people worldwide in five divisions.

CTPark Brașov is located to the north of the city on the DN13 motorway, has good connections to public transport and the nearby airport, and offers flexible space for distribution or manufacturing.

SEE ALSO: Cegeka plans to expand in several cities in Romania and Moldova

- Advertisment -

Latest

Sales Partner targets EUR 1 million in funding to expand across Europe

Sales Partner, a startup focused on digitizing and optimizing car dealership operations, is targeting EUR 1 million in funding...

Etiq AI raises EUR 900,000 to scale data science copilot, led by GapMinder

Etiq AI has raised EUR 900,000 in seed funding led by GapMinder VC, following previous grant funding of GBP...

Bucharest ranked fifth in the World for traffic congestion, fourth in Europe

Bucharest is the fifth most congested city in the world and the fourth most congested in Europe, according to...