DP World, on Wednesday, opened three new sites in Romania – the first European country the Dubai-based port operators and global logistics company moved into in 2004.
The three new facilities – in Constanta and Aiud – are expected to provide a significant boost to the country’s growing status as a key hub of European trade.
New DP World facilities in Romania
DP World has opened two new facilities in Constanta, the largest container port on the Black Sea, following a €65 million ($70.7 million) investment.
This includes a 5-hectare ‘project’ cargo terminal for heavy, large and complex cargo, and a new ‘roll-on, roll-off’ (RO-RO) terminal that will handle up to 80,000 vehicles per year at its peak. The company is investing a further €50 million ($54.4 million) in a new multi-transport platform that will open in 2025.
The third new facility in Aiud that opened Wednesday is in the industrial heartland of Romania. It is now home to a new 8-hectare ‘intermodal’ logistics hub connecting rail and road, following a €21 million ($22.86 million) investment.
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 port operator has invested over €250 million in Romania since 2004, and Rashid Abdulla, CEO and Managing Director, DP World Europe, commented: “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 the country as it plays an increasingly important role in trade and economic growth in the region.”
DP World – Romania partnership
The company’s latest investments will increase the cargo flows by around two million tonnes per annum through the country and it will significantly strengthen Constanta’s position as one of the most important container and RO-RO hubs in Central and Eastern Europe.
DP World are also planning to open a centre of excellence for services in the Balkans, to facilitate trade for the countries around Romania.
Sorin Grindeanu, Minister of Transportation, welcomed DP World’s latest investment in Romania logistics infrastructure on behalf of the government.
“DP World has been a strong partner to Romania for twenty years. Constanta port has opened Romania to new markets and trading opportunities, provided stable and skilled jobs and catalysed the development of a whole host of adjacent businesses,” said Grindeanu.
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