Transylvania Evolution project 2015

Cluj-Napoca - empowering business potential in Europe

Transylvania Evolution represents a public-private

Why Cluj-Napoca and Transylvania Region?

initiative dedicated to the growth and business

•

partner-matching, providing tailored solutions to local and foreign investors, for a coherent long term consolidation and development of city of Cluj-Napoca and Transylvania Region.

Strategically located in Eastern Europe

• A benchmark for foreign investors • High quality and capable human resources • An eligible agriculture potential • A university tradition center

Cluj-Napoca - Klausenburg - “The Heart of

• An important IT & BPO hub

Transylvania Region”, representing one of the most

• A qualified medical nucleus

effervescent second tire city in Eastern Europe,

• A multicultural vocation

with high potential development trend in education,

• An undiscovered tourism potential

business, culture and quality of life.

Major investors in Cluj-Napoca / Transylvania Region: BOSCH, SIEMENS, EMERSON, RANBAXY LABORATORIES, DE’LONGHI,

HOLCIM,

BOMBARDIER,

CONTINENTAL

AUTOMOTIVE, STEELCASE, OFFICE DEPOT, TENARIS, MICHELIN, GENPACT and many others.

Cluj-Napoca city hall

Transylvania Cultural Center Philharmonic Concert Hall Type of project:

multifunctional building - concert hall & cultural center - hotel & services & parking

Ownership type:

Public

Type of partnership requested:

public - private joint venture

Location:

Cluj-Napoca

Cost of the investment: approx. 20 mil. EUR

Other information: • Multifunctional Cultural Center

• Hotel and offices: 13,000 sq.m

• Events halls, exhibition facilities, restaurant, hotel

• Underground parking: about 500 places

• Land surface: 13,923.00 sq.m

• Restored monument: 800.00 sq.m

• Concert Hall for Transylvania Philharmonics:

• “Gheorghe Dima” Music Academy: 11,330 sq.m

22,000 sq.m

• Total unfolded area: 50,080 sq.m

• Underground parking (2,950 sq.m) connected to all

• Located near the city center at no.106,

functions: office building, hotel, concert hall, foyer and cafeteria

21 Decembrie 1989 Blvd., Cluj-Napoca • Modern Concert Hall with a capacity of 1610 seats (including 96 seats for the singers)

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Cluj-Napoca city hall

1. T.E.A.M. - C.M.A. Business Support & 2. Regional CENTER FOR CREATIVE INDUSTRIES Type of project:

1) Industrial Logistic Park financed through POR AXIS 1 2) Business Center, development hub

Ownership type:

Public

Type of partnership:

Public-Private

Location:

Cluj-Napoca

Cost of the investment: 1) approx. 11 mil. EUR 2) approx. 15 mil. EUR (partially financed through EU funds)

Land surface:

1) 106,786 sq.m 2) 73,365 sq.m

• Increasing SMEs’ access to quality services by developing a business support platform for creative industries and an

Objective of the projects: •

innovation hub • Attracting local and foreign investors

Developing a modern infrastructure to support business

• T.E.A.M - CMA Business Support and the Regional Center

development in the IT, electronics and electro-technical fields

for Creative Industries will be managed by Cluj Innovation

as priority industries within Cluj Urban Development Plan

Park, a private company subordinated to Cluj-Napoca Local Council

SOMES river waterFRONT DEVELOPMENT Type of project:

leisure perspective, revitalization of the Somes River banks and specific areas in the city suitable for navigability

Objective of the project: for Somes River to become an

Project aims: clean water of the river, technical study in

alternative regarding mobility toward the neighborhoods and

order to find areas suitable for navigability, architectural

for spending leisure time. Also, the variations of debit present

innovations, find funding for the project, proposals for a

a potential for producing hydro energy. The hydro energetic

new connection between the train station and the river by

potential should be considered for the long term development

building a new bridge, creating a main transportation route

of the Somes River.

in the city from East to West.

Cluj-Napoca city hall

TETAPOLIS Science and Technology Park is a project aimed for research and technology development in Romania.

Through it we can create the necessary conditions in order to stimulate technology transfer based on cooperation between R&D institutions and businesses, stimulating companies to increase their innovation & research activities. The park will be developed in Cluj-Napoca, Romania, with an investment cost of approx. 50 million Euros, on a land surface of 10,000 square meters.

• To ease the creation of new enterprises in the RDI field, supporting and accelerating their growth

Main objectives of TETAPOLIS: drive a science park, innovation and technological advancement, into means of creating value at local, national and international level

Connecting applied research and technological development in Romania with the national and global socio-economic requirements by developing original products, advanced technologies and services, which can be competitive at international level

• To support and stimulate companies to develop RDI activities

•

• To focus on transforming the two main aspects that

• To create links with scientific and technological parks

at international level in order to build a cooperation which can lead to further development • To stimulate and manage the knowledge and technology

flow between local universities and companies

•

Developing the RDI infrastructure, the institutional capacity and human resource skills dedicated to applied research and development of innovative technologies in Romania Stimulating and increasing the investments in the RDI field, in close collaboration with research institutes, universities and companies •

NATURA OUTDOOR PARK Type of project:

sports, fun, leisure, waterpark

Ownership type:

public

Type of partnership requested:

public - private joint venture

Other information:

Location:

Cluj-Napoca

• Indoor and outdoor swimming pools

Cost of the investment:

approx. 10 - 20 mil. EUR

Surface:

5 ha

Priority need:

market and site analyses plausibility checks

• Hotel, restaurants, bars, commercial spaces • Outdoor facilities: beach, playground, green areas, parking, multisports area • Implementation period: to be finalized in 24 - 48 months (step by step development)

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Cluj County Council

Enhancement at the maximum capacity of Cluj Arena Stadium Type of project:

Sports infrastructure

Ownership type:

Public

Type of partnership requested:

Public procurement

Location:

Cluj-Napoca

Cost of the investment: 45.000.000 EUR Seats number:

30.200 (28.000 covered)

Other information: • Multifunctional stadium equipped with athletics track and features special rooms designed for different sports (weightlifting, wrestling, boxing, karate, judo, fitness) • Capacity: 30 020 seats of the 706 seats in the VIP area • Running track: 8-lines Outdoor and 5 lines of 80 m Indoor • Parcking lot: 303 paces • Two scoreboards of 60 ​​ sqm

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• Grass area - 7911 sqm, tartan - 9,397 sqm • Nocturne: 4 steps illumination (allows lighting up at HD level) • Surveillance system with 102 cameras • It rents for various sporting and socio-cultural events • Conference hall room with 220 seats and simultaneous translation • Multifunctional room of 550 sqm.

Cluj County Council

Development and extension of Cluj-Napoca International Airport Type of project:

Airport infrastructure

Ownership type:

Public

Type of partnership requested:

Public procurement

Location:

Cluj-Napoca

Other information: • The second airport in the country in terms of passenger

traffic; • The largest airline gate northwestern Romania; • The country's first regional airport serving a wide

coverage of 3.5 million people.

• Runway development - 2100 m - 3500 m • New cargo terminal • Development of passenger terminal

The Mono bloc Children’s Hospital Type of project:

Building of infrastructure for healthcare

Other information:

Ownership type:

Public / Public-Private

• The purpose of building this hospital is the assembly of

Type of partnership requested:

Public procurement

Location:

Cluj-Napoca

Cost of the investment:

50,000,000 EUR

Land surface:

5 hectares

all pediatrics sections in Cluj-Napoca in one new immobile which meets the European standards in this domain.

• In the course of the year a feasibility study for this project will be undertaken.

• Estimated capacity: 506 beds for children and 150 beds for attendants.

Cluj County Council

TETAPOLIS Science and Technology Park is a project aimed for research and technology development in Romania.

Through it we can create the necessary conditions in order to stimulate technology transfer based on cooperation between R&D institutions and businesses, stimulating companies to increase their innovation & research activities. The park will be developed in Cluj-Napoca, Romania, with an investment cost of approx. 50 million Euros, on a land surface of 10,000 square meters.

• To ease the creation of new enterprises in the RDI field,

supporting and accelerating their growth

Main objectives of TETAPOLIS: drive a science park, innovation and technological advancement, into means of creating value at local, national and international level

Connecting applied research and technological development in Romania with the national and global socio-economic requirements by developing original products, advanced technologies and services, which can be competitive at international level

• To support and stimulate companies to develop RDI activities

•

• To focus on transforming the two main aspects that

• To create links with scientific and technological parks

at international level in order to build a cooperation which can lead to further development • To stimulate and manage the knowledge and technology

flow between local universities and companies

•

Developing the RDI infrastructure, the institutional capacity and human resource skills dedicated to applied research and development of innovative technologies in Romania Stimulating and increasing the investments in the RDI field, in close collaboration with research institutes, universities and companies •

Modernisation of roads network in Cluj county Type of project:

roads infrastructure construction

Ownership type:

public / private

Type of partnership:

Public procurement

Location:

Cluj county - regional

Cost of investment:

about EUR 360 mio

Roads Network:

1,200 km

Other information: transformational projects designed to improve living and travelling conditions through safer, greener and more attractive roads • improvements to bridges, tunnels and other roads facilities, resulting in a road network that enables people and vehicles to move more efficiently, safely and reliably in Cluj county.

• consolidation measures for landslide risk management • energy efficiency public street lighting •

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CLUJ INNOVATION PARK Cluj Innovation Park is the company that manages two business support structures, “The Regional Center of Excellence for Creative Industries” (in Romanian: Centrul

The basic services are: • Reception

Regional de Excelenta pentru Industrii Creative” – CREIC)

• Collecting/distributing mail

and the Center for “Technology, Evolution, Entrepreneurship,

• Security and protection, monitoring system

Microenterprises” (in Romanian: Centrul pentru “Tehnologie,

• Broadband network, IP voice and data

Evolutie, Transfer si Microîntreprindere – TEAM), developed on a total surface of 180,151 sq. m.

(base package) • Cleaning services (in public spaces)

Cluj Innovation Park aims to link the academic and the

• Air conditioning system

business environments, sustaining and providing support

• Fire protection system

for the innovation and the development potential of SMEs.

• Building maintenance (painting, repairs, etc.)

Therefore, its package of services and facilities is a complex and various offer, well adapted to demands of the market.

• Maintenance of machines and equipment • Access to parking

Cluj Innovation Park aims to provide integrated business solutions to investors: • The promotion of the hosted companies on center’s website (free of charge) • Assistace service/helpdesk offered by the business support structure staff (free of charge): IT services, legal and financial consulting in the field of investments, marketing and sales, general management • The center’s website is used as a means of promoting the hosted companies and as a tool to encourage collaboration between the entities present in the business center.

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THE REGIONAL CENTER OF EXCELENCE FOR CREATIVE INDUSTRIES Type of project:

business center, development hub

Ownership type:

public

Type of partnership requested:

public - private joint venture

Location:

Cluj-Napoca

Cost of the investment: approx. 15 mil. EUR partially financed by EU non-refundable funds Land surface:

73,365 sq.m

Other information: • Through this project, Cluj-Napoca Municipality aims to develop a business support structure for the creative industries.

• Facilities to be used by 26 companies, out of which: 18 micro and small enterprises, 6 medium-sized enterprises and 2 large enterprises.

• The structure of the buildings will be able to support further expansion.

THE TEAM CENTER Type of project:

Industrial Logistic Park financed through POR AXIS 1

Ownership type:

Public

Type of partnership

Public / Public-Private

requested: Location:

The TEAM Center is conceived to integrate office buildings, as well as other support services: meeting rooms, administrative offices and the option to set up modular offices.

The planned construction works cover: Cluj-Napoca

• An office building and support spaces: Underground +

Cost of the investment: approx. 11 mil. EUR

Ground Floor + 3 Levels + Technical Level.

Land surface:

• Five spaces (halls) for microproduction.

106,786 sq.m

• The business support structure will benefit from a total

Objectives of the project: •

Building an infrastructure to support the business

development in IT, electronical and electro technical fields, identified as active industries in the IUDP (Integrated Urban Development Plan) •

Increasing SMEs’ access to quality services within two

of 86 parking places.

The newly created effective surface of the business support structure is 4,840.00 sq.m., from which: • 3,301.83 sq.m office building and support services; • 1,538.45 sq.m spaces (halls) for microproduction.

years after the completion of the project.

• Attracting foreign investors.

Facilities created for disabled people:

• The project aims to create a business center that stimulates

• 10 parking places;

the creation of new jobs and to support the development of

• 1 access ramp into the building;

the business environment from Cluj, by attracting at least

• 4 bathrooms.

13 companies in the TEAM center in two years after the completion of the project.

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High quality real estate projects Premium locations near city centre Mixed use developments Residential, Commercial, Services, Leisure High rental yield

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Riverfront Commercial and Residential Project Type of project:

Commercial and Residential

Ownership type:

Private

Type of partnership requested:

Public-private joint venture

Location:

Cluj-Napoca

Cost of the investment: aprox 75 mil EUR 40 mil EUR residential 20 mil EUR commercial 15 mil EUR current market land

Land surface:

28,800 sq.m

Objectives of the project: The Riverfront property is comprised of nearly 30.000 sq.m

of high-rise living - with an estimated number of 590

of land with very attractive urbanism indicators, being

residential apartments spread on 18 levels on a total built

bordered by the river Somesul Mic. As of the current real-

area of over 120,000 sq.m.

estate in the city of Cluj-Napoca, the property is the last open piece of this considerable size that is to be developed in the downtown area.

Our desire is to provide the commercial space for a potential third mall in the city of Cluj with over 38,000 sq.m of lease space. The local culture and the increased demand for apartment housing in the local market is pushing us to take advantage of the location and propose a unique blend

Functions: • Mall functions and Cinema halls on 38,000 sq.m lease space • Land surface 28,800 sq.m • Residential living on three 18 story buildings •

Underground parking for commercial spaces 24,000

sq.m - aprox 540 parking places • Underground residential parking - 24,000 sq.m - aprox 610 parking places

NeoBlue Residential living at its highest Type of project:

Residential Real Estate with included commercial amenities

Ownership type:

Private

Type of partnership

public-private joint venture

requested: Location:

Cluj-Napoca

Cost of the investment:

approx. 22 mil. EUR

Land surface:

15,000 sq.m

Objectives of the project: The NeoBlue Residence will provide 336 apartments on a livable unfolded area of aprox 55,000 sq m including over

and a special accent on outdoor landscaping so attractive in the area of the lakes.

10.000 sq m of underground parking and over 10,000 sq m of terraces generously dis- posed on all levels, providing

The planned construction works cover:

the so-much-desired outdoor space, all these on a 1.5 ha

•

property.

residential clients (sports, spa, cleaning…)

The “towering” solution chosen for the project will provide

•

Land surface 15,000 sq.m

for great views and incredible serenity in the middle of the

•

Residential living on four 12 story buildings totaling

city.

over 55,000 sq.m built area.

The buildings will be BREEM certificate, providing for eco-

•

friendly efficient solutions for insulation, heating and cooling

parking places

Commercial functions on 5,350 sq.m lease space for

Underground parking on 16,500 sq.m - approx. 418

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Taco Developments

DaVinci Plaza - mixed used real estate Type of project:

mixed use real estate

Ownership type:

Private

Type of partnership requested:

operator, private joint-venture

Location:

Cluj-Napoca city centre

Cost of the investment: 40 mil. EUR

Other information: • Excellent location near city center (900 m) • The single bigest private property area in Cluj-Napoca city center (1,8 ha) • Modern reconversion of the former FLACARA textile factory • Urban oasis prepared to attract the city community in a relaxing plaza • Optimum mix of functions: offices, restaurant, event hall, sport & leisure, medical center, educational, hotel • Underground parking and on-ground parking spaces • Connected to the entire city by the local transport network • Project area integrated into the city center urban redevelopment trend

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• Offices 14,000 sq.m • Spa & Fitness 600 sq.m • Restaurant 600 sq.m • Events Hall 800 sq.m • Residential 6,400 sq.m • Medical Centre 3,300 sq.m • Kindergarden & DayCare 370 sq.m • Residential 9,400 sq.m • Commercial & Retail 940 sq.m

Taco Developments

Taco Developments

SPA & FITNESS 600 sq.m

OFFICES 14,000 sq.m RESTAURANT 600 sq.m

EVENTS HALL RESIDENTIAL 6,400 sq.m

MEDICAL CENTER 3,300 sq.m

KINDER GARDEN & DAY CARE 370 sq.m

RESIDENTIAL 9,400 sq.m

COMMERCIAL & RETAIL 920 sq.m

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Established in 2005 in Cluj-Napoca - one of Romania’s main cities - Nistorescu Somlea & Asociatii is one of the leading business law firms in Transylvania, servicing national and multinational companies, as well as local and international investors. Our good command of English makes us a suitable partner for the international clientele doing business in this part of the country.

We provide integrated business law solutions that respond to our clients’ specific legal issues. Our main areas of practice are: commercial law, real estate, employment law, tax, mergers and acquisitions, administrative law, competition law, litigation and arbitration, insolvency, and public procurement.

What tells us apart from our competitors is a mix of pragmatism, agility (fast response and pro-active communication), and empathy.

REAL ESTATE including zone planning and construction

INSOLVENCY

Our real estate lawyers employ an inter-disciplinary approach to

We have extensive expertise in debt recovery, bankruptcy

handling a wide variety of sophisticated transactions, covering

and liquidation matters, including certified mediators and

the legal and regulatory issues in purchase and sale, property

insolvency practitioners. Our services include assistance in

finance, leasing and concession, property insurance, public

relation to debt recovery, and appraisal of the best strategy

and private construction, public works, property development

to follow in case of threatened bankruptcy.

and investment, mortgages and other collaterals, as well as recovery and security enforcement, joint ventures and leasing

EMPLOYMENT

of all types of properties, in particular residential and office

Our experience in the area ranges from management

projects.

schemes tailored for both entities undergoing privatization and private entities set up by international corporations

CORPORATE & COMMERCIAL

in Romania, to preparing and negotiating collective and

Our lawyers have extensive experience in large domestic and

individual labor agreements, and to related specific clauses

international joint ventures, documentary sales, negotiating,

(employee benefits, restrictive covenants, stock and trade

drafting and reviewing international contracts. We also

option plans).

counsel businesses in connection to their ongoing contractual relationships with domestic and international customers, suppliers, and distributors.

LITIGATION Our litigators help establish a strategy from the outset of each matter, develop creative solutions, and advise on the best course of action, so that clients achieve their business goals.

CONTACT Nistorescu Somlea & Asociatii in association with Tuca Zbârcea & Asociatii

MERGERS & ACQUISITIONS

CLUJ OFFICE

BUCHAREST OFFICE

We advise companies on making acquisitions, merging, being

22 Milton Lehrer St., 1st Floor,

Sos. Nicolae Titulescu nr. 4-8

acquired, or fending off hostile takeovers, using a variety

400071, Cluj-Napoca, România

America House,

www.nistorescu-somlea.ro

Aripa de Vest, et. 8

T (40-364) 11 69 06; 11 69 07

Sector 1, 011141, Bucuresti,

F (40-364) 11 69 05

România

spin-offs), covering issues related to bid and tender

E cluj.office@tuca.ro

www.tuca.ro

preparation and mergers and acquisition financing. Our

Milena Nistorescu, Partner

lawyers’ expertise in corporate, finance, competition and tax

E milena.nistorescu@tuca.ro

practices brings depth and breadth to every transaction of

Radu Somlea, Partner

this type.

E radu.somlea@tuca.ro

of transaction formats (leveraged buyouts, management buyouts, recapitalizations, minority investments, divisional

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T (40-21) 204 88 90 F (40-21) 204 88 99 E office@tuca.ro

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PRIVATE MANAGEMENT

TAX

DATA CENTRE

CLUJ INNOVATION CITY The Vision

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IMPACT

EUROPEAN REGIONAL LOCAL

THE FOUNDATIOIN

THE VISION

CLUJ INNOV CLUJ INNOVATION PARK

BROWNFIELDS RECONVERSION

LOGISTIC & INDUSTRIAL PLATFORMS

CLUJ IT CLUSTER

RESEARCH & DEVELOPMENT

CLUJ INNOVATION C DEVELOPEMENT

9 UNIV CULTURAL LIFE

REGIONAL MEDICAL CENTRE SOCIAL LIFE IT, ENERGY, AGRO & FURNISHING CLUSTERS BIKE & CAR SHARING

100.000 STUDENTS

LIBERTY TECHNOL CLUJ BUSINESS THE OFFI DAVINCI PL

QUALITY OF LIFE REGIONAL CULTURAL SOCIAL URBANISTIC ECONOMY

VATION CITY WATER & WASTE MANAGEMENT

CITY T SOMEȘ RIVER LIESURE

GREEN ENERGY TRANSYLVANIA CULTURAL CENTRE

VERSITIES CITY CENTRE STRATEGY

URBAN AGRO VALUE CHAIN

MULTIFUNCTIONAL HALL STADIUM 30.000 s.

IT INDUSTRY

FINANCIAL SECTOR

LOGY PARK S CENTRE ICE LAZA

INDUSTRIAL PARKS PRIVATE INVESTMENT PRIVATE EDUCATION

Transylvania Evolution represents a private initiative dedicated to the growth and business partner-matching, providing tailored solutions to local and foreign investors, for a coherent long term consolidation and development of city of Cluj-Napoca and Transylvania Region.

Transylvania Evolution is providing business specific information and company consulting to develop strategies and understanding sector trends: • business consulting and investment management • international presence consolidation of local initiatives • links with authorities and supplier clusters • advice and “a hand” in practical matters • remains a partner for your development

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Project partners

event partners