Panattoni breaks ground on PLN 100 million appliance component factory in Łódź

by   CIJ News iDesk III
2024-11-27   14:00
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Panattoni has laid the cornerstone for the construction of a domestic appliance component factory in Łódź. The cornerstone-laying ceremony marks the launch of an investment valued at over PLN 100 million.

The 15,000-square-meter facility, located just 8 kilometers from downtown Łódź and 4 kilometers from the A1 motorway, is designed as a build-to-own project tailored to E.G.O.’s technological and operational needs. Construction began in July and is set to be completed by the fourth quarter of 2025.

The ceremony was attended by senior representatives from E.G.O., Panattoni, and local authorities. Dr. Karlheinz Hörsting, CEO of the E.G.O. Group, emphasized the significance of the new facility. “Today’s groundbreaking marks the beginning of a new chapter in the history of the E.G.O. Group here in Łódź. This building is a testament to our commitment to this location and our drive to innovate.”

Panattoni’s leadership echoed this sentiment, highlighting the partnership’s impact on the region’s growth. “A build-to-own facility is always a tremendous vote of confidence in the developer. We are proud that E.G.O. has entrusted us with such an important project. By delivering ambitious developments for market leaders, we contribute to the economic development of the entire region,” said Marek Dobrzycki, Partner at Panattoni.

Katarzyna Kujawiak, Development Director at Panattoni, added, “The location near the city center provides excellent accessibility for employees and space for future expansion. The facility has been meticulously designed in collaboration with E.G.O.’s team to meet their technological requirements and support their continued growth.”

Panattoni has been instrumental in transforming the Łódź region into a hub for industrial and logistics development, with over 2.3 million square meters of warehouse and production space completed. This includes the Central European Logistics Hub, one of the largest industrial complexes in Europe.

The new facility in Łódź reinforces Panattoni’s leadership in industrial real estate and underscores the strategic importance of the region for global manufacturers like E.G.O. The project is expected to further strengthen Łódź’s position as a center for innovation and economic growth.

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