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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Dedeman owners and Element Industrial plan big logistic park near Bacau

Dragoș and Adrian Pavăl, the owners of the holding Dedeman, together with the businessman Ionuț Dumitrescu (owner of Element Industrial developer), will acquire a bigger plot of land in the outskirts of Bacau city, in northeastern Romania, for a larger logistics project after they skipped initial plans for such a project near the Hello Shopping Park mall.

Expected to cost EUR 30 mln, the initial project was designed to include 65,000 sqm of logistics space developed on a plot of 13 ha - but it was dropped in favor of an even bigger project, and the land will be used for other purposes.

Dedeman and Ionuț Dumitrescu own in Bacău another plot of land of about 5 ha on Izvoare Street, near the Letea Stadium. Here they were planning to develop a logistics or industrial project with an area of ​​24,900 square meters. But they gave up this plan as well.

"Together with Dedeman holding, we decided to develop a bigger industrial project, but we can't announce the location yet. The other two plots purchased in Bacău under the partnership [with Dedeman] remain in the portfolio, but we will not develop them anymore," Ionuț Dumitrescu, the owner of Element Industrial, told Profit.ro.

(Photo: Roman Motizov/ Dreamstime)

andrei@romania-insider.com
 

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Dedeman owners and Element Industrial plan big logistic park near Bacau

Dragoș and Adrian Pavăl, the owners of the holding Dedeman, together with the businessman Ionuț Dumitrescu (owner of Element Industrial developer), will acquire a bigger plot of land in the outskirts of Bacau city, in northeastern Romania, for a larger logistics project after they skipped initial plans for such a project near the Hello Shopping Park mall.

Expected to cost EUR 30 mln, the initial project was designed to include 65,000 sqm of logistics space developed on a plot of 13 ha - but it was dropped in favor of an even bigger project, and the land will be used for other purposes.

Dedeman and Ionuț Dumitrescu own in Bacău another plot of land of about 5 ha on Izvoare Street, near the Letea Stadium. Here they were planning to develop a logistics or industrial project with an area of ​​24,900 square meters. But they gave up this plan as well.

"Together with Dedeman holding, we decided to develop a bigger industrial project, but we can't announce the location yet. The other two plots purchased in Bacău under the partnership [with Dedeman] remain in the portfolio, but we will not develop them anymore," Ionuț Dumitrescu, the owner of Element Industrial, told Profit.ro.

(Photo: Roman Motizov/ Dreamstime)

andrei@romania-insider.com
 

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