Industrial complex Titan in Bucharest to be sold at public auction, starting price set at 16 million Euros
Titan Heavy Machinery Industrial Platform Up for Auction in Bucharest
The Titan Heavy Machinery industrial platform, a significant asset located in Bucharest's District 3, is set to be auctioned off on Wednesday, August 13, 2025. This announcement was made by Dragos Ghită, Project Manager at CITR.
The assets up for sale include a 47,286 sqm plot of land, industrial halls with a total area of 34,870 sqm, an office building with a usable area of 2,717 sqm (6 floors and a terrace), and vacant land with development potential.
The office building and industrial halls have been part of the former FAUR industrial area, and the platform, after privatization in the 1990s, operated under the name IMUAB. The platform produced equipment and industrial components specifically for the rubber processing industry.
The auction, which is in accordance with legal provisions, will take place at the headquarters of the judicial administrator CITR. The starting price for the auction is EUR 16 million. The main objective is to properly capitalize the company's assets, serving the interests of the creditors and the urban and economic potential of the area.
The Titan Heavy Machinery industrial platform boasts an excellent positioning and high versatility for industrial/logistics investments or sustainable real estate developments. Interested parties are encouraged to consult official Romanian municipal auction resources, specialized industrial equipment auction websites, or contact the Titan Heavy Machinery company or the District 3 Bucharest local administration directly for the official public auction announcement.
Despite extensive online searches, no public auction notices or listings regarding Titan Heavy Machinery or an industrial platform in Bucharest District 3 on August 13, 2025, were found. Therefore, it is recommended to use the aforementioned channels for the most accurate and up-to-date information.
Investors looking to delve into real-estate or industrial investing opportunities might find the Titan Heavy Machinery industrial platform auction particularly appealing, given its prime location in Bucharest's District 3. The platform's assets, primarily its industrial halls, office building, and land, hold potential for various developments, making it an attractive venture in the finance industry.
