P3 wins "Best Logistics Growth Strategy" award from Ziarul Financiar
23/03/2015

P3 was honoured with an award for the best logistics market growth strategy in Romania by the country’s leading business newspaper, Ziarul Financiar, during the „ZF Transport & Logistics Summit 2015” conference organized by the newspaper in Bucharest on March 17th.

P3 was honoured with an award for the best logistics market growth strategy in Romania by the country’s leading business newspaper, Ziarul Financiar, during the „ZF Transport & Logistics Summit 2015” conference organized by the newspaper in Bucharest on March 17th.

Cora Stolz, P3 Logistic Parks Country Head Romania said: “We are delighted about the recognition of this award which confirms P3’s strong commitment to the success of the Romanian economy, reflected by our major investment in the market that has made us one of the country’s leading logistic providers.”

Romania was one of Europe’s fastest growing economies last year with GDP rising by 2.6% on the back of the expanding manufacturing and export sectors. Ziarul Financiar estimated that the distribution of goods in the transport sector contributed about € 7.0 billion to the economy in 2014.

The P3 Bucharest logistics park is located approximately 13 km west of the city centre, with direct access to the A1 motorway that is planned to connect the capital with the western part of Romania. The park is close to Bucharest’s ring road, providing easy access to all the city’s six districts and to Henri Coanda International Airport 22 km away, while also connecting up to the A2 highway. Construction of this park began in 2005 and it currently comprises eight fully-let warehouse buildings. The largest tenants in the park are Carrefour, Tibbett Logistics, Dante International (Emag.ro), Interbrands, Altex, OTZ Logistic, FM Logistic and Gebrüder Weiss. P3 currently has around 155,000 m2 of space for build-to-suit (BTS) opportunities at the park.

P3 has recently strengthened its team in Romania, that has been in place since 2010, with the appointment of Andrei Jerca as the Head of Asset Management. Earlier this year Serban Juverdeanu and Laurentiu Duica joined the Bucharest operations as respectively Head of Construction and Head of Leasing.

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