Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Europe's largest agricultural produce transshipment terminal set up...

Europe's largest agricultural produce transshipment terminal set up under EUR10 million project

April 29, 2024

  Grampet Group has announced the completion and start of tests for the largest transshipment terminal for agricultural produce in Europe, set up under a project worth EUR 10 million.Located at Dornesti, Suceava County, at the border with Ukraine, the new terminal is said to mark a new chapter in Grampet Group's efforts to modernise and streamline the railway infrastructure in the region and to support the reconstruction of Ukraine."Romania is playing a majo part in the functioning of solidarity corridors created by EU member states to facilitate the transport of goods coming from Ukraine. After the outbreak of the war, the railway operators within Grampet Group have contributed substantially to the fluidisation of traffic and the reactivation of the main corridors on the North-South axis, ensuring the transport of over 1.5 million tonnes of goods related to Ukraine. The new terminal at Dornesti will allow the shipment of 240,000 tonnes of grain and agricultural produce a month, thus becoming a strategic point in streamlining the traffic of goods to the port of Constanta. This EUR 10 million investment is yet another proof of the commitment we made 25 years ago to contribute to the development of the railway transport infrastructure in Romania and to connect to the region. It is a remarkable achievement for Grampet, but also for Romania, and we want to thank our Ukrainian partners and all those who were involved in completing the project," according to Gruia Stoica, CEO of Grampet Group.The Dornesti terminal, the first operated by Grup Feroviar Roman and the fifth by Grampet Group, is designed to operate around the clock.With a maximum design capacity of 3 million tonnes, the terminal is equipped with a railcar loading station (128 meters long) and an unloading station (120 meters long), which allow simultaneous loading/unloading of eight railcars. The amenities are similar to those of terminals in sea and river ports, which makes it possible to ship products without loss of quality and at full capacity, namely 500 tonnes per hour.Modern technological solutions and innovative approaches make it possible to provide optimal indicators of electricity consumption per ton of transhipped product. All technological processes are automated and coordinated by dedicated teams of specialists. In addition, each conveyor line/belt can work on a separate route or simultaneously in pairs, which ensures a continuous and fast transport flow for grain and agricultural produce originating in Ukraine and bound for export via the port of Constanta.Established 25 years ago, Grampet Group of Companies is today the largest railway group and private logistics operator in Romania and Central and South-Eastern Europe.The operator has signed agreements with the other sister companies in the group, as well as with state-owned and privately run railway operators from Hungary, Bulgaria, Moldova, Serbia, the Czech Republic, Slovenia, Croatia, Greece, Austria and Germany. 

Read in full - click here
OMV Petrom to bring dividend yield this year to 9.1% with special disbursement

OMV Petrom, the second largest company listed on the Bucharest Stock Exchange, announced on September 16 that the Board of Directors proposes to shareholders the distribution of a special dividend in a gross value of RON 0.0200 per share, equivalent to approximately RON 1.246 billion (EUR 250 million). The company’s market capitalisation reached RON 53 […]

CES BUCHAREST Study: Food, Cosmetics, and Children's Products are the Most Frequently Purchased Sustainable Products

However, prices and lack of information discourage Romanians from making such purchases. More than half of Romanians (52%) say they adopt sustainable behavior in their daily lives and 53% frequently buy sustainable products, according to a study conducted by the BUCHAREST CENTER FOR ECONOMY & SOCIETY (CES Bucharest). The most sought-after sustainable products are food, […]

Romanian telco Digi says it will retain control of all subsidiaries amid possible Spanish listing

Romanian telecommunications group Digi Communications said on September 16 that it does not intend to cede control of any of its subsidiaries, including Digi Spain, amid reports that it is preparing the Spanish unit for a stock market debut in 2026, Profit.ro...

Romania's automobile production down 2.7% y/y in January-August

Dragged down by the Dacia factory, Romania's car production fell by 2.7% y/y to 346,800 units after the first eight months of this year. Ford Otosan surpassed Renault's subsidiary in both July and August, marking the largest output this year. The report of the Romanian Automobile Manufacturers Association (ACAROM) on the car production of the […]

Romania's government ready to extend tax credit to companies investing in R&D

Tanczos Barna, deputy prime minister of Romania and former minister of finance, announced that the government will soon come up with tax credit solutions for entrepreneurs who invest in research and development and, moreover, is considering granting facilities to all those who come with new investments, especially in the area of ​​technology and industrial production.  […]

Romanian FinMin says public deficit of above 8% of GDP this year is currently discussed with EC

Finance minister Alexandru Nazare said on September 16 that Romania will end 2025 with a fiscal deficit that will exceed 8% of GDP, but assured that the new target is currently being negotiated and discussed with the European Commission.  The EC is expected to review Romania's budgetary conduct under the Excessive Deficit Procedure on October […]