Former industrial platform in Craiova up for sale

Business Forum
Cushman & Wakefield Echinox has been appointed as the exclusive advisor for the sale of a 37-hectare land plot from the former Electroputere industrial platform in central-eastern Craiova. The property presents development potential for residential, retail, logistics, or light industrial projects.

The original Electroputere platform spanned approximately 60 hectares. Over 20 hectares have already undergone urban regeneration, transforming the area into a multifunctional project featuring a shopping centre, office buildings, and a recently completed aparthotel. 

Ștefan Oprea, Consultant Land Agency at Cushman & Wakefield Echinox, said: "Electroputere Craiova represents an opportunity to revitalise an iconic area of the city into an urban hub that addresses the needs of both the community and investors. Given its strategic location, size, and infrastructure, the site is positioned to become a flagship project for the entire region."

The site's strategic location near major tourist attractions makes it suitable for mixed-use projects that meet both residential demand and tourist needs.

Former industrial platforms have attracted strong interest from real estate investors in major Romanian cities. Bucharest, Cluj-Napoca, Timișoara, and Iași have witnessed sales of similar assets, with land plots often exceeding 20-30 hectares and transaction values reaching tens of millions of euros, depending on location, infrastructure, and development potential.

RECOMMENDED
Romanias industrial stock nears 8 million sqm milestone
Real estate

Romania's industrial stock nears 8 million sqm milestone

Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.

Former industrial sites drive Romanias urban regeneration boom
Real estate

Former industrial sites drive Romania's urban regeneration boom

Bucharest continues to lead Romania's transformation of former industrial platforms due to its market scale and high number of available sites. The capital generates the largest volume of land transactions within urban areas, primarily through industrial space conversion, according to Cushman & Wakefield Echinox. Investors increasingly target mixed-use developments integrating retail, office, and residential components.

RECOMMENDED FROM THE HOME PAGE
Energy

EBRD backs solar plants in Romania with €192 million package

The European Bank for Reconstruction and Development (EBRD) is supporting Romania's energy security by arranging a €192 million financing package for three new solar power plants of Nofar Energy, with a total installed capacity of 531 MW in south-eastern Romania.

Economy

Romania's budget deficit drops to 5.72% on 10 months

Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.  

READ MORE
Business Forum  |  2 December, 2025 at 5:08 PM
Business Forum  |  2 December, 2025 at 3:57 PM