Chinese auto firm expands in Romania amid nearshoring trend
AMSTERDAM: CTP, Europe’s largest industrial and logistics property developer, has leased 13,000 sqm of space at CTPark Deva II in western Romania to KSHG Auto Harness, a leading Chinese automotive component company. This is in addition to the 8,000 sqm of space that KSHG already occupies at the park since 2022, when it brought the…