DEJONG Chooses CTPark Prešov North for New Facility in Europe

DEJONG Leases Prime Space in CTPark Prešov North

CTP, known as Europe's largest developer of industrial properties, has announced that DEJONG, a prominent name in the manufacture of stainless-steel hot water tanks, has signed a long-term lease for 33,000 square meters of space at CTPark Prešov North. This marks a significant milestone as it is the first occupancy in this new industrial park, which offers a total of 200,000 square meters of gross lettable area across 43.5 hectares.

Strategic Decision for Growth

DEJONG has become a distinguished sector leader under Rheem Global Water while being recognized as the top manufacturer of water heating systems in North America. The decision to settle at CTPark Prešov North comes after a thorough selection process aimed at identifying an ideal location to enhance its operation and meet the rapidly growing demand for hot water tanks in Europe.

The new facility will be split into 29,800 square meters dedicated to warehouse space and 3,200 square meters for office purposes. This setup will allow DEJONG to operate efficiently and effectively, addressing the needs of its clients across the continent.

Construction and Employment Prospects

Construction at the CTPark Prešov North site is already underway, with completion anticipated by early 2026. The development is expected to generate hundreds of new jobs, thereby fostering economic growth in the local community and enhancing the regional supply chain.

Since Rheem took charge of DEJONG in 2022, the organization has focused on expanding its production capabilities and investing in its future. This new facility not only aligns with DEJONG’s growth strategy but also positions them to strengthen their market leadership in Europe.

Local Workforce and Support

As stated by Lee Fletcher, Plant Manager of DEJONG Slovakia, the choice of Eastern Slovakia as a location was influenced by the availability of a skilled, multi-lingual workforce and well-established infrastructure. The commitment to invest in this region demonstrates DEJONG's intent to bolster its operations effectively.

Significance of the Investment

Rheem Europe’s Managing Director, Arno La Haye, expressed pride in supporting DEJONG's project, highlighting it as a crucial component of Rheem’s growth strategy in Europe. Their approach reflects a commitment to delivering innovative and sustainable heating solutions to a growing customer base.

Cycling Industrial Growth

CTP's COO, Peter Ceresnik, remarked on the burgeoning potential in Eastern Slovakia, emphasizing that the demand for industrial real estate is rising sharply. The arrival of DEJONG at CTPark Prešov North signals a partnership aimed at sustainable, long-term growth impacting the economic landscape of the region substantially.

Strategic Regional Positioning

CTPark Prešov North enjoys a strategic location in Prešov, Slovakia's third-largest city, benefiting from comprehensive transport links across the country. This region is well-positioned for trade, with Poland located just 70 kilometers away. The specific advantages—such as a competitive labor market and a robust industrial base—position this area favorably for continued investment and development.

A Thriving Economic Environment

This area is drawing in significant foreign investment. For instance, recent announcements include Volvo Cars' investment of approximately €1.2 billion for a new manufacturing facility in Košice. Similarly, major corporations like BMW Group are investing heavily in renewable energy projects, further highlighting the economic growth opportunities present in Central Eastern Europe.

CTP’s Expansive Reach

CTP is not only leading the way in Slovakia with its significant holdings of over 803,000 square meters of industrial space across 14 parks, but also expanding into neighboring countries including Hungary and Romania with projects that further solidify its market presence.

About DEJONG and CTP

Founded in 1859 and based in the Netherlands, DEJONG aims to innovate in the hot water tank sector by working closely with clients to develop tailored solutions across various applications, including heat pumps and solar systems. Meanwhile, CTP stands as Europe's largest publicly listed owner, developer, and manager of industrial real estate, having amassed 12.4 million square meters of gross lettable area while maintaining a strong commitment to sustainability through initiatives acknowledged by organizations like Sustainalytics.

Frequently Asked Questions

1. What facility has DEJONG leased?

DEJONG has leased 33,000 square meters of warehouse and office space at CTPark Prešov North.

2. Why did DEJONG select Prešov North?

DEJONG chose Prešov North for its skilled workforce, infrastructure, and local government support.

3. When is the new facility expected to be operational?

The facility’s construction is set to be completed by early 2026.

4. What is the overall impact of this investment?

This investment is projected to generate hundreds of jobs and strengthen the local supply chain.

5. What is CTP's role in this development?

CTP is the developer of CTPark Prešov North and is focused on sustainable industrial growth in the region.

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