The investment amounts to EUR20 million. The company’s first logistics hub is located in Bolintin-Deal area.
The warehouse has an area of around 19,000 square meters. Its location allows the company to have a favorable transport connection to Constanta harbor and Bulgaria.
The warehouse has been operational for existing clients ever since January.
The company has been present in Romania for 30 years and during this time it has come to operate a 13-location network in the country’s main economic regions.
In 2023, the local company posted RON466 million revenues, down from the RON570 million level of 2022. At the same time, net profit slid from RON20 million to RON9.7 million.
(English version by Catalina Apostoiu)