RPC Talks to Dana Bordei
Commercial Country Manager, VGP România
Profile of the company
VGP is a pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate, operating in 18 European countries.
VGP operates a fully integrated business model with capabilities and long-standing expertise across the value chain, from land acquisition to development and asset and property management.
With origins as a construction company, today VGP’s strategic focus is on the development of large multi-tenant business parks.
What were the main business results for 2024?
In 2024, VGP achieved significant milestones, meeting our business targets and consolidating our position in Romania. Highlights include:
- A 53,000 m² building in VGP Park Brașov, the largest in our portfolio, leased to ILS Balkan and recognized as the ‘Best Warehouse Development & Developer of the Year.’
- A 20,000 m² space in VGP Park Timișoara leased to Continental Tires for tire storage.
- Construction of a 20,000 m² production facility for VAT Romania in VGP Park Arad, set for delivery in 2025. VAT Group is a renowned developer, manufacturer and supplier of high-performance vacuum valves, critical components for advanced R&D and production processes of semiconductors, LEDs, solar cells, displays and other products requiring high vacuum.
What are the company’s business targets and plans for 2025?
For 2025, VGP aims to finalize projects in strategic locations like Bucharest, Arad, and Brașov, attract new tenants from diverse and innovative industries, aligning with market trends. VGP will continue integrating green technologies, such as heat pumps, as a standard in our developments, strengthen partnerships to respond quickly to market demands and maintain our role as a “one-stop shop” for clients.
Additionally, Romania’s integration into the Schengen Area in 2025 will boost the logistics sector, and VGP is well-positioned to capitalize on this opportunity by developing projects in key locations that benefit from enhanced infrastructure and regional market connectivity.
What are the main challenges & opportunities for the logistic & industrial market in 2025?
Near-shoring strategies are becoming increasingly important in the logistics and industrial market due to global supply chain disruptions. Companies can innovate, enhance efficiency, and stand out in a competitive market by embracing green technologies and prioritizing near-shoring.
For VGP, sustainability remains at the core of our strategy. By integrating eco-friendly solutions, such as heat pumps and photovoltaic systems, we aim to meet the growing demand for energy-efficient and modern logistics spaces.
Additionally, we are actively contributing to the reindustrialization of Europe by providing industrial companies with prime-located, efficient premises that support their operational needs. A strong example is our collaboration with VAT, a leading supplier of high-performance vacuum valves, which is establishing a new facility in VGP Park Arad.
Which regions are expected to see the highest demand for new industrial & logistic developments? Which areas in Romania are positioned to become major logistics hubs by 2025, and how will proximity to regional markets and infrastructure upgrades (e.g., roads, rail, ports) play a role?
Romania’s strategic position as a logistics hub in Central and Eastern Europe continues to attract significant investments. In 2025, regions such as Arad, Timișoara, Bucharest, and Brașov are expected to experience the highest demand for industrial and logistics developments.
Key factors include:
- Proximity to transportation hubs: Improved infrastructure such as highways, railways, and ports facilitates efficient logistics operations.
- Schengen integration: Romania’s 2025 inclusion in the Schengen Area will eliminate border controls, reduce transport times, and enhance connectivity to European trade routes.
- Local economic growth: Infrastructure upgrades and foreign investments make these regions attractive for businesses looking to expand near major markets.
VGP’s strategic projects in these areas leverage these advantages, ensuring that our developments are positioned to support Romania’s transformation into a key logistics hub on the European map.