Schrack Technik Romania invests EUR 15 million in new logistics centre

EnergyNewsSouth-East European INDUSTRIAL Мarket - issue 2/2024 • 04.06.2024

Schrack Technik Romania invests EUR 15 million in new logistics centre

Schrack Technik Romania, a subsidiary of Austrian low-voltage electrical equipment company Schrack Technik GmbH, announced an investment of over EUR 15 000 000 in the construction of a new logistics center and state-of-the-art office in Domnesti, in the southern county of Ilfov, within the Hornbach Militari commercial area.

 

The project encompasses a 5500 sq m warehouse and 3500 sq m of office space over three floors. The investment`s aim is to strengthen Schrack Technik`s position in the electrical equipment market by enhancing logistical operations and providing an innovative working environment for the company`s team. Increased revenues of around EUR 36 million in 2023 and a growing customer base were also among the motives behind the new logistic centre. Schrack Technik Romania currently employs 107 people and expects to double its workforce in the next five years.

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