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KLG invests EUR 5.6 million in hub expansion in Giurgiu county

Dutch logistics company Kuijken Logistics Group, KLG launched a new facility in Northern part of Giurgiu county, at Bolintin Deal, representing an extension of an already developed project in the area, following an investment of EUR 5.6 million.

2014-04-25 16:14:00

KLG Europe Logistics has been operating in the logistics and transport field in Romania since 2006, being specialized in three different areas: freight forwarding, national distribution and logistics. The Romanian subsidiary has seven well spread stores, in Bucharest, Craiova, Timisoara, Cluj, Bacau, Brasov and Constanta. Also, KLG is based in the Netherlands, but is currently active in the UK, Turkey and China as well.

The announcement of the new investment has been made during a large trade mission led by Lilianne Ploumen (Dutch Minister for Foreign Trade and Development) to Romania this week. More than 45 businessmen travelled with the Minister from The Netherlands to Romania. The trade mission went to Bucharest and Cluj-Napoca.

According to an official release, Minister Ploumen was very satisfied with the results of the trade mission. A number of companies signed contracts and the minister had constructive discussions with her Romanian counterparts about the business environment in Romania. She met the Minister of Economy Constantin Nita, Minister of Transport Dan Sova and several State Secretaries of the Ministry of Agriculture. Concrete plans for increased economic cooperation were made in the area of agriculture and export promotion.

According to Minister Ploumen the growing Romanian economy offers many opportunities for Dutch entrepreneurs. "The market of 20 million people, strong human capital, relatively low cost of labour, a huge agricultural potential and strategic location make Romania very interesting for doing business. The country can become the eastern gateway to Europe," "It offers huge business opportunities for Dutch companies. "

With Minister of Transport Dan Sova, Minister Ploumen discussed a range of issues, including the potential for stronger cooperation between the ports of Constanta and Rotterdam. Romania is strategically located to develop into an eastern gateway to Europe, just as The Netherlands has become the western gateway to Europe. Increased cooperation could lead to win-win situations, because both ports do not compete with eachother. The ports can gain much by sharing expertise, management skills and efficient port handling. To make both entry points into Europe more attractive for main customers from Asia and the Americas.

Minister Ploumen discussed with her counterpart ministers a number of issues with regard to improving the business climate. For Romanian as well as foreign companies doing business in Romania, predictability, transparency, rule of law and a fair justice system are key factors. Improvements like more efficient VAT-reimbursement, anti-corruption efforts as well as better payment morale will be beneficial for local and international companies to grow and prosper. Minister Ploumen also discussed social-economic issues like Corporate Social Responsibility and challenges including the treatment of minorities.



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