BUSINESS

Constanta saves EUR 74 million a year for Europe

Significant savings can be made if the flow of goods destined for Central and Eastern Europe (CEE) is entering Europe via Romania, through the Port of Constanta, according to the “CO2 Reduction” report issued by the European Gateways Platform. Calculating over a period of 10 years, if the transport is (re)routed via Romania, the saving for Europe is on average EUR 74 million per year, a press release, issued by a Dutch-Romanian supply chain and logistics expert company, informs. In 2020, the forecasted 1, 47 million TEU represents only about 10 per cent of the total volume destined to CEE. Taking into account the leading competitive position of Constanta and Romania, this volume must be regarded as the minimum level achievable. The report analyses both Total External Costs and the CO2 emissions consequences of re-routing traffic flows from Asia to Central and Eastern Europe to a direct entry into the markets via Romania.

Related posts

Cantacuzino Institute: Minister wants manager out

Nine O' Clock

Dacia Citadine, available for EUR 5,000

Nine O' Clock

Tanasescu, IMF: We could see several European countries being downgraded

Nine O' Clock

Leave a Comment