The newly completed project brings approximately 100 new jobs to the location as M + W Products continues its worldwide expansion by starting operations in a new factory plant in Krupka. The company has its headquarters in Stuttgart, Germany and its subsidiaries in Teplice and Shanghai.

"The new plant in Krupka means a significant expansion of our operations in the Czech Republic. Existing spaces had no longer met the expected development of operations. The recruitment of new employees is in full swing, focusing primarily on qualified technicians to whom we can offer further professional development, either in the form of comprehensive training in the German headquarters of our company or by focusing on highly specialized hi-tech industrial products," says Lucie Weberová, Executive Director of M + W Products CZ, a subsidiary of the M + W Group. "We have chosen the Ústí region because of optimal connection to Germany, the availability of workforce and the great potential for regional development," she adds.

Her words are confirmed by Peter Kolenčík of the real estate consulting company 108 AGENCY, who participated in the transaction: "We perceive North Bohemia as a very attractive region, as its importance continues to grow following the completion of the D8 motorway and the related development of a number of industrial parks.”

The overall focus on the locality is also reflected in the total volume of ongoing construction. At present, more than 100,000 square meters of modern warehouse areas are under construction, with completion in 2018. The production hall of M + W Products CZ completed the development of CTPark Teplice, which is now fully occupied. CTP has already started preparations of a new industrial park with regard to the demand in the location.

CTPark Teplice is a modern warehouse and production area offering more than 80,000 sq m of lettable space. Its location within easy reach of the D8 motorway provides an optimal transport connection to Germany and other European markets.