Hapag-Lloyd announced that it opened a new office in Romania.
Bordering five European countries and with direct access to the Black Sea, Romania, Hapag-Lloyd noted that the location is an "attractive growth market" for Hapag-Lloyd and takes up a strategic position in this region.
Located in Bucharest, the country's capital and economic hub, the new office consists of 21 staff members.
"Strategically situated, Romania offers direct access to Central, Eastern and Northwestern European countries via the Danube-Black Sea Canal and, with the port of Constanța, provides an important hub port for container traffic in the Black Sea region," the ocean carrier said.
It added that Hapag-Lloyd currently offers one direct weekly service to and from the port of Constanța.
In recent years, Romania has reached one of the highest growth rates of all EU members and has garnered sizeable investments from multinational corporations and other EU countries alike.
It added that by volume, the most important commodities exported from Romania are timber and wood products, automotive products, tires, machinery, steel products, and paper.
Romania: an attractive growth market
On the import side, consumer goods, construction materials, natural rubber, and foodstuff are most prominent.
"Romania is an attractive growth market with an important port and good hinterland connection via road and rail," says Juan Pablo Richards, senior managing director of Region South Europe at Hapag-Lloyd. "This new office in the capital Bucharest aligns with our strategy to grow in key markets."
"We are very pleased to open our own office in this strategically significant location, which will allow us to serve our customers even better in the Black Sea area and beyond," he added.