DP World opens 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 following a €65 million investment: a 50,000m² ‘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.
A further €50 million will be invested in a new multi-transport platform in Constanta that will open in 2025.
DP World’s third new facility, which opened on 15 May, is in Aiud, in the industrial heartland of Romania, which is now home to a new 80,000m² ‘intermodal’ logistics hub connecting rail and road, following a €21 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.
DP World has now invested over €250 million in Romania since 2004, including grants from the European Union.
DP World anticipates that its latest investments will lead major businesses to relocate or expand manufacturing facilities in the region.
Rashid Abdulla, CEO and Managing Director at DP World Europe, who started his career as Manager for Constanta in 2004, 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 deploying our latest investments to support Romania as it plays an increasingly important role in trade and economic growth in the region.”