“What is going in in Ukraine and Turkey now can take Romania towards 5 million to 6 million square meters of logistics space. From here we can easily make deliveries to countries like Ukraine, the Republic of Moldova, Bulgaria and the former Yugoslavia,” said Laurentiu Duica, associate director industrial division of real estate consultant Colliers International.
Romania’s stock of modern industrial and logistics space stood at more than 2 million square meters at the end of 2015, half of which near Bucharest. Besides the cities in the west of the country, another city to see development of industrial and logistics space will be Constanta, because of its harbor and freight transit.
“Constanta will be the next logistics hub in the next five years. As a harbor, we may also say Agigea (located near Constanta i.e.) has developed a great deal, we have workforce there because of the industrial areas. Which is why 150,000 square meters are under construction at the moment.”
Another area that shows a lot of potential for attracting logistics centers besides Constanta is the northern part of the Moldavia, around the city of Suceava, but the authorities are slow to react, which limits investor access.
“It takes little time to reach Poland via Ukraine, so the area around Suceava may attract investment.”
(English version by Loredana Fratila-Cristescu)