Panattoni Europe to build a factory for Ontex in Radomsko
Panattoni Europe is to build a factory for Ontex, a Belgian producer of personal hygiene products.
The facility featuring in excess of 26,000 sqm will be located on an approx. 11-hectare site in Radomsko, within the Łódź Special Economic Zone (ŁSSE). Construction works are about to begin in early December, and are scheduled to end in July 2018. The lease has been signed for 15 years, and the transaction was mediated by JLL.
The factory has been divided into functional zones – the industrial zone with an approx. 7,500-square-metre production hall, two warehouses intended for storing components (with more than 5,500 sqm) and finished products (more than 9,000 sqm), staff and office facilities, which will take up in excess of 2,000 sqm, as well as technical rooms. The production facility for Ontex developed by Panattoni Europe will be the first factory in Poland for this producer of personal hygiene products. To date, the company has been delivering to Poland from the Czech Republic.
“Ontex’s strategy and predicted business growth in Central Europe have made it necessary to expand the production capacity of our enterprise in this part of the continent” said Charlez Bouaziz, CEO Ontex, adding: “the new factory in Radomsko will help us fulfil our growth ambitions, create new jobs in the region and ensure satisfaction for our continually growing client and customer base in Central and Eastern Europe”. Initially, the company will employ 170 people and invest approx. EUR 40 million. The 11-hectare site will enable the occupier to extend the facility by some 50,000 sqm as needed and to employ up to 350 people.
The factory in Radomsko is another industrial facility delivered by Panattoni Europe in an economic zone, and the developer’s third at the Łódź Special Economic Zone (ŁSSE). Marek Foryński, Managing Director of BTS Group at Panattoni Europe, said, “In our development work, we not only close record-breaking transactions, but in the first place deliver top-quality products, meeting the needs of our clients’ operations. It is no different in the case of the most recent investment for Ontex – the factory fully adapted to the client’s technological processes will be built in a location which is strategic to them – near the European route E75, connecting Warsaw with Silesia and forming part of the A1 motorway”.
Source: Panattoni Europe