15 May 2024
On the 15th of May, DP World inaugurated three important new sites in Romania, strengthening the country's status as a European trading hub and stimulating regional economic growth.
In Constanta, the largest container port on the Black Sea, DP World invested EUR 65m in two new facilities: a 5-hectare ‘project’ cargo terminal for heavy and complex cargo and a ‘roll-on, roll-off’ (RO-RO) terminal capable of handling up to 80,000 vehicles per year. In addition, an investment of EUR 50m will finance a new multi-transport platform in Konstanz, scheduled to open in 2025. The third new facility, located in Aiud, in the industrial heart of Romania, is an 8-hectare intermodal logistics hub connecting rail and road, supported by an investment of EUR 21m.
These developments will enhance connectivity between DP World's maritime, rail, barge and truck services in Romania, improving the movement of goods between continental Europe and the Black, North and Adriatic Seas. Since 2004, DP World has invested more than EUR 250m in Romania, supported by grants from the European Union.
Marking the 20th anniversary of DP World’s presence in Romania – the first European country where it expanded – the company significantly increased its activities, contributing to the impressive development of the port. Over these two decades, Romania has developed into the second largest economy in Eastern Europe, after Poland.
DP World expects its latest investments to attract major companies to relocate or expand their production in the region, a trend driven by rising geopolitical tensions. This trend of nearshoring and reshoring is particularly evident in the automotive sector, which now accounts for 13% of Romania's GDP.