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March 27, 2023

P3 Logistics Parks welcomes two new tenants: Uniprest Instal and Norm Fasteners

P3 Logistics Parks (“P3”) has signed two new deals with Uniprest Instal and Norm Fasteners Romania, part of Norm Holding, for over 6,300 sqm in P3 Bucharest A1.

Sinziana Pardhan, Managing Director P3 in Romania, says: “We warmly welcome our new partners in P3 Bucharest A1 Park. We are happy to start the year with two tenants from different industries, specialists in their sectors of activity, whose focus on quality and long term partnerships was a great match to P3’s philosophy.  It is great to see new demand from both existing players that are growing and strenghening their distribution network such as Uniprest as well as new big names entering the market such as Norm and we look forward to supporting their business growth in Romania”.

Attila Fazakas, Logistics Director Uniprest Instal Romania, declared:  „We chose to expand our business in P3 Bucharest A1 park because of the excellent location and easy access to A1 highway. We also appreciated the high standards of the building and great collaboration with P3 team”.

Uniprest Instal has extensive experience in the sale of heating systems and equipment, with a complete and varied range of HVAC products, and a developed and well-established national distribution network: headquarters and warehouse in Târgu Mureș and 8 other work points in Baia Mare, Brașov, Bucharest, Cluj-Napoca, Craiova, Deva, Sibiu and Timișoara. From 2010 Uniprest Instal is part of Rensa group and member of VGH International, the International En-Gros Commercials Association. In the new space from P3 Bucharest park, Uniprest will store heating systems and equipment ready to be delivered to clients from the Southern part of the country.

Tolga Atay, European Operations Finance Manager of Norm Fasteners in Turkey, says: “We are excited to open the operations of our company in Romania. The history of our company starts back in 1973, in Izmir where we manufactured our first bolt. The need to be closer to our clients from automotive industry in Romania made us decide to establish the home of our business in P3 Bucharest A1 park, from where we will distribute our products such as such as bolts, nuts, special bushings, nuts with washer, special welding nuts and so on”.

Norm Fasteners Romania is part of the Norm Holding, who is the leading company in Turkey in the fasteners industry and one of the top five companies in Europe in its sector with its production capacity and product diversity. Norm has been labelled as the supplier of the world’s leading automotive companies, including Renault-Nissan Alliance, VW Group, Ford, Daimler, BMW, Tesla, FCA and PSA. Norm Fasteners produced over 100.000 tons of fasteners in 2019 and increased its production by four times in the last 10 years. Thus, it took its part among the top 10 companies “providing the fastest production increase and growth in Turkey”.

Starting last week, Norm Fasteners, which is one of the top 500 companies in Turkey, continues its operations in a closed area of over 100 thousand square meters, on 3 continents.

P3 Bucharest A1 park is the largest multifunctional park in Bucharest, having 380,000 m2 developed in 14 warehouses and a land bank with potential of delivery 100,000 m2 within 8-12 months, direct access to A1, ring road and direct rail connection to the 4th pan European corridor. P3 Logistic Parks has acquired a 16-hectare site in Dragomiresti Vale, a prime logistic location on the North-West outskirts of Bucharest. A new 80,000 m2 logistics park – to be known as P3 Bucharest NW Ring Road – will be developed on this land. P3 Bucharest NW Ring Road has direct access to the newly extended Bucharest Ring Road and provides easy access to all parts of the Romanian capital, as well as the A1 and A3 highways.

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