The investment amounts to 5.1 million Euros. According to an ADLO statement, the company requested a total area of 17,537 square meters.

"The investor will build a production and storage facility of approximately 4,000 square meters and an office building of approximately 240 square meters, and will rent them to other companies. These include Kuehne & Nagel, one of the world's largest logistics, transportation and storage service providers. Companies that will rent the buildings devloped by WDP Development will create 30 new jobs in Industrial Park II", the press release shows.

The land price was negotiated at EUR 9 / square metre, the duration of the contract is 25 years and the deadline for completion of the investment assumed by the developer is 24 months.

On the other hand, ADLO also announced that this month it has also signed a new contract with Real Expert Advertising, which will develop in the Industrial Park II an investment of 600,000 Euros and will create 45 new jobs.

"With these two new investments this year, the Industrial Park II in Oradea includes 23 residents who have made investments worth 29.3 million Euros and created about 1,000 jobs. The total area of the park is 83 hectares and the occupancy rate is 23%", the press release concludes. (Source: