P3 Logistic Parks (P3) receives a new tenant in the existing business community at 13km from the A1. from km 13 on A1. ELBI, the Romanian market leader in low-voltage electrical equipment, will occupy more than 15,000 square meters of storage and office space at P3 Bucharest A1. Following an investment of more than 3 million in equipment and automation systems, ELBI Group will move into the new warehouse in November 2022 and generate more than 150 jobs, ensuring the delivery of products to domestic and foreign markets.
Sinziana Pardhan, General Manager of P3 in Romania, says: “We started discussions with ELBI three years ago, when their plans for a modern logistics center were just beginning. We had good and constructive communication with the ELBI team right from the start and we are happy that we were able to find solutions within our fleet that cover all their specific requirements.
“ELBI will fully occupy Warehouse No. 3 of the P3 Bucharest A1 Park and will exclusively benefit from the generous infrastructure of facilities around the warehouse, which will be partially used for their outdoor storage needs. Warehouse 3 is only a three minute walk from the CFR passenger station and very close to the canteen in the park, which are facilities which we hope will be fully utilized by the 150 employees of the ELBI warehouse.
We welcome new partners to our community with the certainty that they will benefit from the expertise of the P3 team, which will – as always – provide support and advice for the implementation of ELBI’s investment plan in our park.
With the presence of the new tenant, P3 Bucharest A1 expands its portfolio of tenants who are specialized suppliers in the field of distribution of products and services for the electrical sector. With more than 26 years of experience in the business and a turnover of more than 61 million euros in 2021, ELBI has built a solid commercial network with more than 10,000 customers in its portfolio in all market segments. , becoming a leader in low-power electrical equipment.
Cristinel Sandu, founder of ELBI, declares: “The history of ELBI begins in 1996, when we positioned ourselves as distributors of electrical products, respectively installers. Today, 26 years later, we are market leaders and we have a young, strong and united team, motivated by the opportunities of the construction sector in Romania and at the same time by the strong partnerships with established brands. For several years, we have felt the need to have a modern and sustainable logistics hub benefiting from a strategic location. So, as the business philosophies of ELBI and P3 are very similar, as well as the support provided by the whole team from the very beginning of the discussions, we decided that P3 was the right reliable partner who can meet our requirements. and at the same time, the connection we need in our development process. In addition, in the P3 Bucharest A1 park, we have found warehouses with facilities of the highest international standards, for which sustainability is an integral part of the long-term vision.
Dorin Crisoverghi, ELBI Administrator, says: “The facilities at this location fully meet quality expectations for the organic growth of ELBI’s business. Our expansion plans and strategies are fully compatible with this new modern logistics platform which, from an optimization perspective, allows us an integrated planning of the flow of processes and operations, both B2B and B2C.
From August this year, ELBI will install modern storage systems in the warehouse of the P3 park, as well as a mezzanine metal platform area equipped with an elevator, a conveyor and a sorter. , reducing the time to compile and deliver commands with increased accuracy. In addition, the conversion of conventional lighting to LED, as well as the installation of photovoltaic (solar) panels throughout the building are part of the investment plan.
The transaction was brokered by Dunwell Industrial Brokerage, the only real estate agency that focuses exclusively on the industrial area of Romania, with the objective of efficient and personalized intermediation of transactions between logistics park developers and potential tenants.
Marian Orzu, Managing Partner of Dunwell, said: “This is one of the most exciting transactions we have negotiated. We identified the need for ELBI storage space and immediately started looking for the best solution. Discussions with both partners were very productive, with ELBI and P3 being result-oriented and proactive. We are very happy to have been able to be part of this project, thanks to which ELBI has relocated all its activity to a class A warehouse, and P3 will welcome another important partner in the park on A1. ”