Paragon prepares a new factory in Romania

The Irish-origin Paragon group, specialized in the production of printing materials, wants to build a new factory in Romania, one third larger than the one it has in operation in Otopeni.

Paragon has been present in Romania for 20 years and has a printing house in Otopeni in a hall with a floor area of approximately 4,900 square meters. With over 200 employees in Romania, the company achieved a turnover of 11.2 million euros in 2023. Now, the corporation is planning to develop a new factory, on a land with an area of 19,436 square meters in Buftea. Paragon's intention is to build a production hall with a built area of approximately 6,500 square meters and an unfolded area of approximately 7,600 square meters, which will also include storage spaces, an administrative area and a technical area.

The property is adjacent to the Eli Park 1 logistics park built by Ionuț Dumitrescu, together with Dragoș and Adrian Pavăl, the owners of Dedeman, and sold in 2021 to the South Africans from Fortress.

Source: Profit.ro