Oct 4, 2018 DB Schenker announces the inauguration of a new logistics terminal in Bucharest, by the end of the year 2018 DB Schenker, a global provider of transport and logistics services, announces the opening of a new 21,000 sqm terminal for logistics and groupage transport operations in CTPark Bucharest West (CTP) by the end of 2018. The new terminal, representing an investment of approximately 6,5 million euro, will be a Build-to-Suit unit developed according to CTP’s highest technical standards in what concerns the construction of premium industrial and logistic spaces.These features that exceed current standards of the market, will place the new DB Schenker terminal in the green buildings category, with the highest energetic efficiency and low energy consumption.”Taking into account DB Schenker`s development plans for logistics and transportation services, especially road transport, in the Bucharest area and surrounding localities, we decided to relocate our operational activities to a new logistics terminal developed with a strong partner like CTP. This terminal meets, on the one hand, the highest technical and constructive standards in the market as well as all the functional requirements of DB Schenker and, on the other hand, it creates the premises for medium and long-term development at the same location, given the position in a logistic park that is in continuous and accelerated expansion - CTPark Bucharest West" declared Adrian Crizbasianu, COO and Member of the Board, DB Schenker in Romania.CTPark Bucharest West, a property designed to become the largest logistics and industrial park in Eastern Europe, is strategically placed at west of Bucharest city, at A1 highway, km 23. The total area to date is of approximately 241,2 ha, with 330,000 sqm GLA comprised in 10 warehouses. CTP has two other buildings under development at the park, with a total build area of approximately 200,000 sqm. The new buildings are scheduled for delivery in two phases. The first phase is set for completion later this year, while the second phase should be completed in 2019. CTP aims to reach a total leasable area of approximately 1 million sqm in Romania in the next 3-4 years.”Through this investment, we are confident that we will be able to meet all the demands of our existing and future customers in terms of quality, innovation and added value”. concluded Adrian Crizbasianu. About DB Schenker in RomaniaIn 2017, DB Schenker in Romania's turnover was €124 million and thus a plus of 16 percent increase compared to 2016 (€107 million).With four branches, over 60 offices in the country and more than 1,100 employees, DB Schenker is a top logistics provider that perfectly covers widely the national market.The company offers the complete range of transport and logistics services (Road - groupage - full loads, Air, Ocean, Rail, Contract Logistics - Supply Chain Management, Fairs and Exhibitions, Removals, Project Cargo, Custom’s brokerage and Port Operation), all of them in a tailored integration to meet the customer’s demands and deliver solutions. About DB Schenker DB Schenker is an international logistics services provider that employs over 72,000 people at 2,000 locations. Schenker & Co AG in Vienna serves as the Cluster Head Office for South East Europe, covering ever 14 countries with 5,500 employees. About CTPCTP is a full-service commercial real estate developer and manager, specializing in the delivery and management of custom-built, high-tech business parks for leading international and domestic companies making strategic investments in new or expanded operations in Central Europe. CTP is the owner of the CTPark Network, the largest integrated system of premium business parks in Central Europe, with over 4.5 million sqm of A-Class properties in more than 95 strategic locations.In Romania, CTP is the leading warehouse developer and manager, with a GLA of over 800,000 sqm of Class A warehouses located in 10 cities: Arad, Bucharest, Cluj-Napoca, Deva, Pitesti, Sibiu, Timisoara, Turda, Ineu and Salonta.