The transaction marks the expansion of the collaboration between CTP and Cargus, as the latter is already renting space in CTP’s portfolio in Bucharest and Timisoara.

“The easy access to the airport in the north-west of the country will allow us to further optimize our logistics operations and expand the company’s development internationally – Oradea will be an important hub for the cross-border segment,” says Olivier Van Houtte, Cargus CEO.

CTPark Oradea Cargo Terminal is built on 14.4 hectares of land and benefits from a direct connection to Oradea Airport. The project includes many specific infrastructure elements such as the aircraft parking apron or the taxiway, which connects the aircraft parking apron to the airport runway.

(English version by Loredana Fratila-Cristescu)