Industrial complex Titan situated in Bucharest to commence public bidding with a starting price of 16 million Euros
Upcoming Auction for the Titan Heavy Machinery Industrial Platform in Bucharest
The Titan Heavy Machinery industrial platform in Bucharest's District 3 is set for a public auction on Wednesday, August 13, 2025, at the headquarters of the judicial administrator CITR. The auction follows legal procedures and aims to capitalize on the assets of the company, benefiting both the creditors and the urban and economic potential of the area.
The auctioned assets include a 47,286 sqm plot of land, industrial halls totaling 34,870 sqm of built space, an office building with Basement + Ground Floor + 5 Floors + terrace, totaling 2,717 sqm of usable area, and additional vacant land with development potential.
This platform is part of the former FAUR industrial area and was formerly operated under the name IMUAB. Titan Heavy Machinery specialized in manufacturing equipment and industrial components, notably for the rubber processing industry.
The platform offers high versatility with excellent location, making it suitable for industrial or logistics investments, as well as sustainable real estate developments. The objective stated by the judicial administrator CITR is to capitalize on these assets in a manner that benefits creditors while leveraging the area's urban and economic potential.
Dragos Ghită, Project Manager at CITR, states that the platform has excellent positioning and high versatility, making it a valuable asset. The starting price for the auction is EUR 16 million. No conflicting auction dates or asset details appear in the other search results. This information is current as of late July 2025.
Interested parties are encouraged to attend the auction and explore the potential opportunities that this valuable asset presents. With its prime location and versatile nature, the Titan Heavy Machinery industrial platform offers a unique opportunity for investors seeking to make a significant impact on Bucharest's industrial and real estate landscape.
Investors from both the real-estate and finance industries may find interest in the upcoming auction for the Titan Heavy Machinery industrial platform in Bucharest, as it offers a versatile asset with excellent location and development potential, ideal for industrial, logistics, or sustainable real-estate investments. The auctioned assets, including a large plot of land, industrial halls, an office building, and additional vacant land, were part of the former FAUR industrial area and were previously operated by IMUAB as a manufacturer of equipment and industrial components for the rubber processing industry.
