Industrial property in Chisinau - business partner or buyer

Investment project - ID-INDCHI: Short Description

A company is looking for:

• a business partner to create a joint-stock company at currently unused premises; or
• a buyer/lessee for its underused property.

Expected investment from the partner:

Most or all of: technology, equipment, working capital and established sales channel.

Potential business

Any business which will respect the ecology of the soils (be ecologically clean) is welcome.

The company believes the best option is development of a business in any of the following industries:

• Food and drinks;
• industrial assembly;
• leather products/footwear;
• furniture;
• construction materials (plasterboard-gypsum boards);
• glass products;
• supermarket;
• high capacity transportation hub and/or refrigerator storage for supermarkets;
• placement of antennas for telecommunications companies;
• repair of large vehicles (the original purpose of the buildings was to serve as repair station for large construction machinery).

Expertise and licenses of the Company

Over 10 years in Consumer Goods, dozens of licenses and awards for quality; both domestic and international.

Investment provided by the Company (or property available for sale)

Property will be the main investment from the Company, including:

• land: negotiable up to 57,000 sq meters (5.7 ha); mostly with hard surfaces (tarmac, concrete).
• buildings: negotiable up to 14,150 sq meters, including warehouses, offices, apartments, underground areas;
• location: Chisinau industrial zone, 14 km from Chisinau Airport; close to railway station; close to customs.
• site infrastructure: electricity, natural gas, water, phone lines, ventilation, fire sprinklers, autonomous heating, compressed air, liquefied gas storage, vehicle refueling station, security, canteen, several onsite apartments, ;
• about 100 employees available on demand;
• 18 various purpose vehicles (trucks, minibuses etc,).

Owner of the property

Land & buildings: Company the Company and an affiliated company Y at 50%/50% shares.

Property ownership documents available

Title of ownership issued by the mayor’s office.

Why looking for the partner/buyer

Large underutilization. Decreasing market share of the main business, new property tax regulation introducing real market prices for tax base instead of “nominal” prices, leading to increased tax costs starting in 2007.

Three months ago decided to look for the partner/buyer and is still in search phase.

What authority checks have been carried out on the property

Regular controls performed by: tax authorities, Sanitary and Fire departments.

Risk of ecologic contamination

Limited. Land mostly covered by tarmac or concrete. Current product is highly sensible to soil contamination, therefore ecologic protection has been in focus since startup.

Access to infrastructure

All utilities are located onsite (as mentioned above: electricity, natural gas, water, phone lines, ventilation, fire sprinklers, heating, liquefied gas storage, vehicle refueling station, security, canteen etc.)

Risks related to archeological findings or underground cables

Limited. The property was built over 12 years ago on a dry lake bed. Since then, no issues.

Preliminary sale price

• Land: 800,000 EUR per hectare (80 EUR per sq meter).
• Buildings: 250 EUR per sq meter.
• Rent: 2 EUR per sq meter.

Additional documents and references are available upon request. Please send you questions to contact@investinmoldova.org

This does not constitute a sale offer price and is shown for guidance purposes only.

Note: The confidential parts of the images are blurred intentionally.