“Considering DB Schenker’s development plans in the Bucharest and surrounding areas, especially as regards road transport, we have decided to relocate our activity to a new logistical terminal developed together with a strong partner, CTP,” said Adrian Crizbasianu, COO and board member of DB Schenker in România.

The investment in the terminal is of approximately EUR6.5 million.

CTPark Bucharest West, planned to become the largest industrial park in Eastern Europe, is located 23 km west of Bucharest city center and has direct access to the A1 highway. It currently stretches onto 241.2 ha and has a total lettable area of 330,000 sqm, consisting of ten warehouses.

Works have started on two new buildings totaling 200,000 sqm, scheduled for delivery in several stages in 2018 and 2019. The industrial park is set to reach half a million square meters of built area by the end of 2019. Developer CTP plans for the park to reach over 1 million sqm in the next three or four years.

DB Schenker had a turnover of EUR124 million in Romania last year, up 16% compared with 2016. The company has four subsidiaries, over 60 work points in all regions of Romania and over 1,100 employees.