FARAD S.A. has completed the relocation of its corporate headquarters and all production operations to new company-owned premises in Paiania, the company announced via a report carried by reports on 5 October 2026. The new complex covers more than 7,500 square metres and is presented by the firm as the start of a fresh phase in its expansion.
The transfer brings every element of FARAD’s manufacturing activity under a single roof in Paiania. The report states the move includes the consolidation of both corporate functions and production lines into the new facility.
The company has marketed the premises as a modern, purpose-built site intended to support its next stage of growth. Sources described the location as company-owned and spanning in excess of 7,500 square metres, details supplied by FARAD in the announcement.
FARAD’s announcement recalls the firm’s longevity in the sector. The company builds on nearly five decades of experience producing heat exchangers for the maritime industry, a specialty that has defined its business profile.
The relocation to Paiania was framed by the company as marking a new chapter in its growth. According to the published report, FARAD sees the premises as a platform to continue serving shipowners and yards with its range of heat-exchange equipment.
Facilities and scale
The report highlights the scale of the new site without detailing internal layout or individual production capacities. FARAD described the premises as state-of-the-art in its announcement to the trade press, and the company emphasised that ownership of the facility reflects a longer-term commitment to its operations in Paiania.
The move to a dedicated, company-owned complex in Paiania centralises activities previously housed elsewhere, according to the account published on 5 October 2026. The firm presented this consolidation as a milestone in its operational development.
Company background and outlook
FARAD’s near half-century of activity in heat-exchanger manufacture for the maritime sector was singled out in the report as the foundation for the new investment. The announcement linked the firm’s history and technical expertise to its decision to relocate and expand.
While the report made clear that corporate headquarters and production are now co‑located in Paiania, it did not supply further commercial details such as production volumes, employment changes or the schedule of phased operations. Sources carried FARAD’s account of the relocation on 5 October 2026.
The move to the new Paiania facilities represents a significant logistical and commercial shift for FARAD, as described in the company’s statement to the press. The organisation presented the site as the next stage in sustaining and developing its business that manufactures heat exchangers for merchant shipping and related maritime customers.
FARAD’s announcement, as reported, focuses on the completion of the physical transfer of its headquarters and manufacturing activities and on the symbolic importance of the new company-owned premises. Beyond the core details released in the report, further specifics on operational changes or strategic plans remain a matter for subsequent statements from the company.
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