RIVUS, a mixed-use development by IULIUS and Atterbury Europe, begins construction on Cluj-Napoca’s former Carbochim industrial site. The €500 million project aims to revitalize the area into a major urban hub. This initiative represents Romania’s largest ongoing urban reconversion effort.
Mar 2026Money Buzz! Romania English EditionNews article
IULIUS is rehabilitating the Carbochim Factory building, a landmark in Cluj-Napoca’s industrial history and the largest abrasives manufacturer in Romania. The project integrates it into Romania’s largest urban mixed-use redevelopment, addressing seismic vulnerabilities to meet safety standards.
CARBOCHIM SA, Romania’s largest professional abrasives manufacturer, has relocated its operations with a €5 million investment from Euroupgrade. The company, majority-owned by Carbo Europe SRL (part of IULIUS Group), expands its production capacity under the upgrade initiative.
IULIUS Group invests over **€500 million** in Cluj-Napoca’s **Carbochim platform**, transforming an industrial site into Romania’s largest urban regeneration project. The mixed-use development leverages the company’s decade-long expertise in urban reconversion, targeting a vibrant mixed-use complex. This marks IULIUS’s latest expansion into Romania’s tech and business hub.
