Hexing embarks on investment in a new facility located in Timisoara, Romania.

Hexing Technologies Europe SRL, a subsidiary of the renowned Hexing Group, is set to unveil its latest innovation hub at Timisoara Airport Park, marking a significant milestone in the expansion of its digital energy services throughout Europe. This cutting-edge facility is poised to become a beacon of innovation, spearheading the production of advanced smart metering solutions that promise to revolutionize the energy landscape across the continent.

At the heart of this state-of-the-art facility lies a commitment to delivering next-generation technologies designed to optimize energy management and consumption. Among the pioneering solutions to be manufactured are intelligent electricity and water metering systems, which leverage cutting-edge sensors and analytics to provide real-time insights into energy usage and conservation. These systems promise to empower consumers with the tools they need to make informed decisions about their energy consumption, fostering a culture of sustainability and efficiency.

In addition to smart metering solutions, the facility will also produce distribution automation solutions aimed at enhancing the reliability and efficiency of energy distribution networks. By leveraging advanced automation and control systems, these solutions will enable utilities to remotely monitor and manage their infrastructure, reducing downtime and improving overall grid performance.

Furthermore, the facility will serve as a hub for the production of solar inverters and batteries, essential components of renewable energy systems.

Solar inverters play a crucial role in converting solar energy into usable electricity, while batteries store excess energy for use during periods of low sunlight or high demand. By manufacturing these components in-house, Hexing Technologies Europe SRL aims to streamline the integration of renewable energy sources into the grid, accelerating the transition to a more sustainable energy future.

Moreover, the facility will cater to the growing demand for electric vehicle (EV) infrastructure by producing state-of-the-art EV chargers. With the rise of electric mobility, there is an increasing need for robust charging infrastructure to support the widespread adoption of EVs.

Hexing Technologies Europe SRL is poised to meet this demand by manufacturing high-quality chargers that are not only efficient and reliable but also compatible with a wide range of vehicles, making electric transportation more accessible to consumers across Europe.

The inauguration of Hexing Technologies Europe SRL’s new facility at Timisoara Airport Park marks a significant step forward in the company’s mission to drive innovation and sustainability in the energy sector. By producing a diverse range of advanced smart metering solutions, distribution automation systems, solar inverters, batteries, and EV chargers, the facility is poised to revolutionize the way energy is managed and consumed across Europe.

With a focus on cutting-edge technologies and a commitment to sustainability, Hexing Technologies Europe SRL is leading the charge towards a greener, more efficient energy future.

Mrs. Jessica Fan, Hexing’s Senior Vice President, expressed enthusiasm about the investment, emphasizing its alignment with the company’s overarching goal of fostering environmental sustainability. “The establishment of a facility in Romania is a significant step towards realizing our vision of a greener world,” she remarked. She highlighted the company’s commitment to contributing to Europe’s digital evolution, particularly in enhancing smart power systems. Moreover, she underscored the importance of creating employment opportunities within the local community as part of their corporate responsibility. “We take pride in our role in driving digital development and are dedicated to enriching the local workforce through job creation,” she added.

Fan also mentioned the current intensive recruitment drive, indicating the company’s proactive stance in assembling a skilled team for the Romanian facility. This emphasis on recruitment signifies Hexing’s commitment to ensuring the success and sustainability of its operations in Romania. By investing in human capital, the company not only strengthens its own capabilities but also fosters economic growth and stability within the region.

Overall, Mrs. Jessica Fan’s comments encapsulate Hexing’s strategic approach towards expansion and sustainability. The investment in Romania reflects the company’s broader mission of leveraging technology to address environmental challenges while simultaneously fostering economic development and community engagement. With its sights set on building a greener world and contributing to Europe’s digital transformation, Hexing is poised to make a significant impact both locally and globally.

Situated in close proximity to the international airport, the Timisoara I Industrial Park, under the ownership and management of Globalworth, stands as a prime hub for cutting-edge industrial activities encompassing manufacturing, warehousing, and logistics. Boasting state-of-the-art infrastructure, the park serves as a home to renowned enterprises including Continental, Litens Automotive, Valeo, and Coca-Cola, with the recent addition of Hexing Romania further enhancing its roster of tenants. Currently, the park operates at near full occupancy, a testament to its allure and strategic positioning within the region.

With a commitment to meeting the evolving needs of businesses, the Timisoara I Industrial Park is poised for expansion, projecting an additional 28,500 square meters of Gross Leasable Area (GLA) in the near future. This expansion not only underscores the growing demand for industrial facilities but also reflects the park’s proactive approach in facilitating the growth of its occupants.

Globalworth’s stewardship of the Timisoara I Industrial Park ensures a conducive environment for businesses to thrive, leveraging its advantageous location and advanced amenities. By offering a comprehensive suite of services and facilities tailored to the requirements of modern industrial operations, the park enables companies to optimize their productivity and efficiency.

Beyond its immediate economic impact, the expansion of the industrial park holds the promise of fostering further economic development within the region. As new businesses are welcomed into its fold and existing tenants expand their operations, the ripple effects are felt across various sectors, contributing to job creation and economic prosperity.

In essence, the Timisoara I Industrial Park stands as a beacon of innovation and growth, embodying a vision of dynamic industrial landscapes. With its strategic location, cutting-edge infrastructure, and commitment to expansion, it continues to play a pivotal role in shaping the industrial ecosystem of the region, attracting businesses and driving economic advancement.

“Our community experiences a dual enhancement through the introduction of Hexing while also advancing its criteria for optimal working conditions. This state-of-the-art facility heralds a new era for Industrial and Logistics (I&L) spaces and amenities, perfectly resonating with our unwavering dedication to innovation, sustainability, and customer contentment. Our goal is to establish pioneering benchmarks within the Logistics and Industrial sector,” affirmed Mihai Zaharia, the Head of Investments Romania and Group Capital Markets Director at Globalworth.

With the assistance of CBRE Romania and Invest Romania, Hexing successfully launched its project. Madalin Aresmeri?oaie, Senior Consultant Industrial & Logistics Services at CBRE Romania, emphasized the significance of Timis as a prime market for energy players. He noted the sector’s maturity, indicating a shift towards establishing production facilities rather than merely acquiring energy land.

Aresmeri?oaie highlighted the resurgence of the manufacturing sector, evident in its return to pre-pandemic levels. In 2023, this sector contributed significantly, accounting for 18% of total leasing activity. The robust performance of the manufacturing sector serves as a testament to Romania’s economic vitality.

CBRE Romania played a pivotal role in facilitating Hexing’s project by meticulously identifying the optimal location. Their efforts were geared towards aligning Hexing’s current needs with its projected growth trajectory. By crafting a tailored strategy, CBRE Romania ensured that Hexing secured a strategic foothold in Timis, setting the stage for sustainable expansion.

The collaboration between CBRE Romania and Invest Romania underscores the importance of partnerships in navigating complex business landscapes. Through synergistic efforts, they provided invaluable support to Hexing, enabling the company to navigate regulatory frameworks and capitalize on emerging opportunities. This partnership not only facilitated Hexing’s project but also contributed to the overall economic resilience of Romania.

Hexing’s successful project launch stands as a testament to the synergy between industry expertise and strategic guidance. With the support of CBRE Romania and Invest Romania, Hexing has positioned itself for sustained growth in the dynamic energy market. This collaborative endeavor serves as a model for future ventures seeking to thrive in Romania’s burgeoning industrial landscape.