Sector 3 City Hall Acquires Terra Park Equipment for €1.9 Million

Sector 3 City Hall has purchased the equipment from Terra Park for €1.9 million. The park opened in the fall of 2011 but went into bankruptcy shortly after its opening.
The equipment was purchased through the company Administrare Active Sector 3 SRL, through which the Sector 3 Local Council in the capital primarily carries out real estate projects. Most likely, the intention is to transfer the Terra Park equipment to another park within Sector 3 of the capital.
There was also a sale attempt last summer, but it was unsuccessful.
Today, the park’s operator, controlled by Razvan Petrovici, is in bankruptcy, and the equipment has been unused for about 4 years.

Source: Profit

Frequently Asked Questions

How much did Sector 3 City Hall pay for the Terra Park equipment?

The equipment was purchased for 1.9 million EUR.

Which entity handled the acquisition?

The purchase was conducted through Administrare Active Sector 3 SRL, a company managed by the Sector 3 Local Council.

What is the intended use for the purchased equipment?

The equipment is expected to be relocated to another park within Sector 3 of Bucharest.