DP World’s $142m projects enhance Romania’s trade links

DP World

The global ports operator DP World has opened three new sites in Romania with an investment of €130 million ($142 million), enhancing the country’s growing status as a key trade hub in Europe. 

Two new facilities were opened in Constanta, the largest container port on the Black Sea, following a €65 million investment.

These include a five-hectare cargo terminal for heavy, large and complex cargo and a new roll-on, roll-off terminal that will handle up to 80,000 vehicles per year at its peak. 

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A further €50 million will be invested in a new multi-transport platform in Constanta, which will open in 2025. 

An eight-hectare intermodal logistics hub connecting rail and road was opened in Aiud, the industrial heartland of Romania, with a €21 million investment.

These new facilities will improve the connectivity between DP World’s existing sea, rail, barge and truck services across Romania and enhance the movement of goods between mainland Europe through to the Black, North and Adriatic Seas. 

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DP World has invested over €250 million in Romania since 2004, including grants from the European Union.

The latest infrastructure projects mark the 20th anniversary of DP World’s investment in Romania, the first European country in which it expanded. 

The Dubai-headquartered company’s investments in Romania will increase the cargo flows by around two million tonnes per annum through the country, said Cosmin Carstea, CEO, DP World Romania. 

Other DP World investments across Europe include port expansion at six of its 11 major terminals, including Antwerp (Belgium), Novi Sad (Serbia) and London Gateway (the UK).