Belgian WDP extends its investment in Romania by EUR 45m project


Get real time updates directly on you device, subscribe now.

Belgium-based WDP has signed an agreement for the development and lease of 77,000 m²of logistics warehouse space at its existing site in Bucharest for retailer Auchan. The investment budget amounts to about EUR 45 million. This new development emphasizes WDP’s strategy of creating long-term relationships and cross-border partnerships, a press release informs.

After a first collaboration between WDP and the French international retail group Auchan in Luxembourg, WDP will develop a new state-of-the-art logistics warehouse site for this retailer at WDP’s existing location in Bucharest – Stefanestii de Jos. The new buildings with a surface of approx. 77,000 m² will partially consist of a temperature controlled area and will be leased by Auchan for a period of seven years. Delivery of this new development is scheduled during the first quarter of 2020. The investment budget for WDP mounts to approx. 45 million euros.

“This transaction emphasizes WDP’s strategy of creating long-term relationships with its clients, throughout its different core regions”, said Jeroen Biermans, General Manager of WDP in Romania.

DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.