Zaragoza is consolidating its position as a gateway for the European expansion of the Chinese group TDG. Just weeks after opening its first European headquarters dedicated to the sale of energy storage, Mayor Natalia Chueca received a delegation from the Asian conglomerate, which confirmed its interest in developing new lines of business in the city focused on electronics and data centers. The good rapport with the City Council and the logistical conditions of the Aragonese capital were key to this strategic decision.
The meeting, held at the Town Hall, was attended by leading group executives, including Pan Zhengqiang, CEO of TDG, and Jin Xuexiao Thomas, President of TDG Tech, accompanied by other representatives of the company and its partner Zeumat . After visiting the PLAZA logistics park, where its first warehouse will be located, group officials confirmed that construction is progressing as planned and that the plant will open in June as an operations center for TDG Ibernavitas Europe.
In addition to its energy division, the group aims to leverage Zaragoza’s potential to launch its entry into the European market from here with TDG Tech and TDG Soft Magnetic Materials . These units are dedicated, respectively, to the manufacture of electronic components and magnetic materials for the automotive sector and for data centers. Both industries are rapidly expanding in Aragon, reinforcing the group’s commitment to a comprehensive presence in the city.
One of the pillars of this strategy is collaboration with local companies, to which TDG offers the opportunity to integrate into its industrial ecosystem through investment or acquisition agreements. This approach, according to Chinese executives, will allow for more agile and efficient development of its activities in Europe. In the coming months, the company plans to maintain contacts with Aragonese firms to explore potential synergies and facilitate their joint growth.
The TDG Group has an annual turnover of nearly €300 million in the automotive sector, collaborating with giants such as Tesla, Mercedes-Benz, Huawei, and Amazon. It currently controls more than 25% of the global electric vehicle components market and 15% of the data center sector. Its establishment in Zaragoza represents a strategic step to be closer to its customers and strengthen its presence on the continent.
The relationship between Zaragoza and TDG dates back to November, when negotiations began following an institutional visit by the City Council to China. As a result of this contact, TDG Ibernavitas will establish its first European base in PLAZA, with an ambitious plan that foresees the creation of up to 300 jobs in its first phase and 800 in the future.