DP World has opened three major new sites in Romania, providing a significant boost to the country’s growing status as a key hub of European trade and enabling economic growth throughout the region
Constanta, the largest container port on the Black Sea, is now home to two new facilities: a 5-hectare project cargo terminal for heavy, large and complex cargo, and a new roro terminal that will handle up to 80,000 vehicles per year at its peak. DP World’s third new facility opening is in Aiud, in the industrial heartland of Romania, which is now home to a new 8-hectare intermodal logistics hub connecting rail and road.
A further US$54M will be invested in a multi-transport platform in Constanta that will open in 2025.
The new facilities will improve the connectivity between DP World’s existing sea, rail, barge and truck services across Romania and will enhance the movement of goods between mainland Europe through to the Black, North and Adriatic Seas.
The latest infrastructure projects were announced as DP World marks the 20th anniversary of its investment in Romania; the first European country in which it expanded. The business has since grown its operation considerably, contributing to the impressive growth of the port. During this 20-year period, Romania has also developed rapidly and is now Eastern Europe’s second-largest economy after Poland.
DP World Europe chief executive and managing director Rashid Abdulla, who started his career as manager for Constanta in 2004, said, “Romania is a dynamic economy and well positioned to benefit from the rise in nearshoring and manufacturing. DP World looks forward to building on our long-standing relationship with Romania, and to deploying our latest investments to support Romania as it plays an increasingly important role in trade and economic growth in the region.”
DP World Romania chief executive Cosmin Carstea said, “DP World’s latest investments in Romania will increase the cargo flows by around 2M tonnes per annum through the country. We believe with this investment, DP World in Constanta will significantly strengthen its position as one of the most important container and roro hubs in Central and Eastern Europe. To aid this, we also plan to open a centre of excellence for services in the Balkans, to facilitate trade for the countries around Romania.”
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