6m-euro Peugeot complex in Cluj

Eurial Invest is set to build a 6 million-euro Peugeot automotive complex in Cluj. The complex should comprise a showroom, a service facility and a spare parts warehouse, the company’s commercial manager Radu Cristian said. The construction, to be located on a 4,000 sqm plot of land, will be opened next June. “The money for this investment comes from both our own resources, amounting to 4.5 million euros, as well as from a loan supplied by HVB Romania – worth 1.5 million euros,” Cristian added. Eurial Invest will also open an 8,000 sqm automotive complex in Pitesti this August. This complex will comprise the central Peugeot spare parts warehouse, a showroom and a service facility, all of which will require a 10 million-euro investment. ZF