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News from Members CTP welcomes IB Cargo and Maersk in highest-performance distribution and logistics center in Romania in CTPark Bucharest West

CTP welcomes IB Cargo and Maersk in highest-performance distribution and logistics center in Romania in CTPark Bucharest West

by CTP Invest September 17, 2021

Website www.ctp.eu

Distribution Center, one of the largest in Romania with 75,000 sqm, located in CTPark Bucharest West, officially opened on the 15th of September

CTPark Bucharest West, the largest logistics park of CTP became the home for the joint venture partnership between IB Cargo and Maersk in what we may call as one of the highest spec buildings in Romania and definitely the largest in the region, with its 140,000 sq m GLA.

This is the largest IB Cargo and Maersk operation in this part of the world and will service all Eastern Europe, the Balkans, Middle East, Turkey from the one location at CTPark Bucharest West.

The storage capacity of the Distribution Center is over 100,000 pallets and the daily volume for inbound and outbound operations will be for over 70 trucks/day.

CTPark Bucharest West is arguably the best logistics park in the region, and it offers its residents all needed amenities and a healthy working environment. Happy to have partners like IB Cargo and Maersk who appreciate the top-quality of our buildings and the overall park concept. It is also home to the unique CTP Clubhaus concept, a community hub, featuring restaurant, canteen, indoor and outdoor recreational space, meeting rooms, minimarket, and on-site health care.

Catalin Putineanu, Founder and Managing Partner of IB Cargo said: “We strongly believe in continuous improvement and win-win-win partnerships, and we will apply those principles also in this project. Our passion and team of experts we consolidate around this project will allow us to become better and better and generate value to all parties”

"We are impressed of the professionalism of the team from IB Cargo and Maersk we have been working with in this project so far and we are glad we are meeting their high standards. The park will be even better next year to the benefit of our tenants – we will add supermarket, accomodation, and other facilities needed", said Ana Dumitrache, Country Head CTP Romania.

CTPark Bucharest West Facts:

  • Total Park size: 241,2 ha land area
  • Location: A1 Highway, km 23
  • Total built-up area: 664,000 sqm
  • Under construction: 85,000 sqm

About CTP 

CTP is a top five industrial property developer and developer in Europe and the largest in CEE, with over 6.6 million m² of logistics space and operations in nine countries. The company is on target to expand its portfolio to 10 million m² by year-end 2023. With its entire portfolio BREEAM certified, CTP claims the position of the most sustainable developer in the region and is on track to reach carbon neutrality this year.

At the end of March 2021 CTP listed on the Euronext Amsterdam stock exchange, issuing 397,017,000 shares priced at €14 per share, which implied a market capitalisation for the company of €5.6 billion at listing. 

In Romania, CTP is the largest developer and administrator of Class A logistics and industrial spaces, with 1,850,000 sqm rentable area located in 12 cities: Arad, Bucharest, Cluj-Napoca, Deva, Piteşti, Sibiu, Timişoara, Turda, Ineu, Salonta, Oradea and Craiova.

For more information visit www.ctp.eu

About IB Cargo

IB Cargo is a Romanian freight forwarding and logistics provider, offering mutually beneficial transport services to its partners through quality and innovation. IB Cargo’s portfolio includes one stop shop freight forwarding solutions: by road, air and sea, time critical, customs assistance, buyer’s consolidation, all helping organizations to optimize freight forwarding costs, comply with regulations, recover from critical situations and better use of their core capabilities.

About Maersk

A.P. Moller - Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, we operate in 130 countries and employ roughly 76,000 people. Our mission is to enable and facilitate global supply chains and provide opportunities for our customers to trade globally.

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