Wednesday, 3 December 2025
Cushman & Wakefield Echinox has been appointed exclusive advisor for the sale of a 37-hectare land parcel forming part of the former Electroputere industrial platform in the central-eastern area of Craiova. The site offers potential for a range of development options, including residential, retail, logistics or light industrial uses.
The wider Electroputere platform originally covered around 60 hectares. More than 20 hectares have already undergone redevelopment, including a shopping centre, office buildings and a recently completed aparthotel. The remaining 37 hectares continue to host industrial functions and represent the next phase of potential regeneration in the area.
“Electroputere Craiova represents an exceptional opportunity to revitalize an iconic area of the city into a urban hub that addresses the needs of both the community and investors. Given its strategic location, significant size, and excellent infrastructure, the site is ideally positioned to become a flagship project for the entire region. Across Romania, we have seen that former industrial platforms in central locations have become successful real estate developments,” said Ștefan Oprea, Consultant in the Land Agency department at Cushman & Wakefield Echinox.
Former industrial sites in major Romanian cities have attracted steady interest from investors, particularly for mixed-use redevelopment. Recent transactions in Bucharest, Cluj-Napoca, Timișoara and Iași show continued demand for large land parcels, often over 20–30 hectares, with values influenced by location, infrastructure and future development capacity.
Local developers have also been active in acquisitions of similar sites, viewing their transformation as a way to modernize urban areas and support long-term economic activity. Such projects typically require detailed due diligence, planning analysis and alignment with current market requirements.
Craiova’s tourism profile adds to the site’s potential. The city’s cultural and architectural landmarks, public spaces, museums and regular events draw increasing numbers of visitors. The proximity of the Electroputere platform to key attractions and leisure areas provides an opportunity for mixed-use schemes that could serve both residents and tourists.
