Report
CTP CTPark Brno scores investment by Hitachi
CTP invests EUR 57m in a new project for Hitachi Energy at CTPark Brno in the Czech Republic. The first phase involves construction of a 50k sqm high-voltage products factory with an expected yield on cost >10%. This factory will manufacture gas-insulated lines and components for gas-insulated switchgear, incorporating advanced production technologies. The project is designed with a strong emphasis on sustainability. It is expected to create approximately 200 jobs. CTP also plans to develop an adjacent campus to enhance the industrial park's services. Hitachi Energy has been a CTP partner since 2014. This project supports Hitachi Energy's commitment to clean energy and sustainable solutions. A sector in which Europe is still committed to invest in and suffers from supply shortages. CTP is omni-present in Brno as it held its CMD there 2 years ago, showcasing its large scale development strategy with a lot of expansion capacity.
Underlying
CTP NV
Provider
KBC Securities
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Wim Lewi
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