Terra Romania invests nearly €3 million in new HQ

Business Forum
Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of  €2.7 million.

The project marks a significant strategic move for the company in the Romanian market, focusing on both regional expansion and sustainability.

The HQ has a 4,710 sqm service workshop with a 10-metre height, a warehouse exceeding 3,600 sqm, as well as facilities. 

The building incorporates green technologies, enabling it to operate on a net-zero energy principle. This is achieved through the use of photovoltaic panels, heat pumps, and high-performance insulation systems, ensuring the building produces as much energy as it consumes. 

This investment in Brașov is part of the company's ongoing expansion, with plans to develop two new branches in Timișoara and Turda already underway.

RECOMMENDED
Office leasing in Bucharest falls during H1 2024
Real estate

Office leasing in Bucharest falls during H1 2024

The volume of office leasing in Bucharest amounted to 168,000 sqm during H1 2024, down 11% compared to the same period of last year, with the average new lease deal at more than 1,100 sqm, according to Cushman & Wakefield Echinox. 

RECOMMENDED FROM THE HOME PAGE
Industry

Flip.ro sales soar 45% in past year

Flip.ro, the Romanian platform dedicated to refurbished electronic devices, has concluded its fiscal year with a 45% year-over-year increase.

READ MORE
Business Forum  |  23 May, 2025 at 4:28 PM
Business Forum  |  23 May, 2025 at 1:08 PM