DP World invests in Constanza: terminal and multimodal transport platform to be built
Dubai-based port operator and logistics company DP World on Wednesday announced a €130 million investment aimed at increasing cargo volumes by 2 million tons a year and connecting Romania with the rest of Europe through sea and land trade, Bloomberg reports.
The company, which has been operating in Romania for 20 years, said its latest investments include a 5-hectare terminal in Constanta for heavy and oversized cargo and a new vehicle terminal with a maximum capacity of 80,000 vehicles per year.
The company is investing €50 million in a new multi-transport platform in Constanta, which is scheduled to open next year.
In 2023, the port of Constanta recorded its highest grain exports due to a sharp increase in supplies from Ukraine.
Read also
Food, Fuel, Future: How Will Ukraine Scale Processing?
Australian wheat prices hit multi-month highs amid diesel and fertilizer concerns
Fertilizer prices threaten the plans of European potato growers
Kernel provides over 9% of all Ukrainian merchandise exports
EU risks losing US soybean imports under deforestation law
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon