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DB Schenker presents details of the Romtrans takeover

On Monday, 26 January 2009, Norbert Bensel, managing director responsible for transport and logistics at DB Mobility Logistics AG, and Elmar Wieland, chairman of the board of SCHENKER & CO AG, gave details to members of the press of the takeover of the Romanian transport company Romtrans. In the Skybar above the rooftops of Vienna, the two directors explained the reasons for the takeover and future plans for Romania. “DB Schenker has acquired a top player in the Romanian transport and logistics industry. Even during these economically difficult times, Romania is one of the strongest growth markets within the European Union and is therefore important for our business sector as well. Our extended network and new locations enable us to meet our customers’ demands for international presence,” reported Schenker head Norbert Bensel. “We have grown rapidly and profitably in Romania but have been too small to date to exploit the market potential to the full,” added Elmar Wieland. Thanks to Romtrans, DB Schenker can now avail itself of a dense infrastructure: apart from nine main offices in Bucharest, Arad, Constanza (2), Galatz, Giurgiu, Iasi, Oradea and Valea lui Mihai, the former state-owned transport company will add around 80 subsidiary offices spread throughout the country to the DB Schenker network. By the middle of the year at the latest, the newly formed company will start operation in Romania under the name DB Schenker Romtrans. The road transport company employs around 1,600 people and earns revenue of 117 million euros and should thus play a leading role in future on the Romanian market. At the same time, reports Wieland, air and sea freight will be developed by intensifying the marketing of the worldwide DB Schenker network. Wieland and Bensel also see great potential in Romania for rail transport, particularly in view of the existing Romtrans infrastructure. “We have rail terminals in Oradea, Curtici, Arad, Timisoara, Cluj-Napoca, Bucharest, Iasi, Galati and Constanza with their own sidings. Iasi and Galati also offer direct transfer to the Russian broad-gauge railways. We intend to use these sites to develop logistics business with upstream or downstream rail transport,” says Wieland. Another important asset, say the DB Schenker managers, is the transhipment terminal for conventional freight at the port of Constanza. The port operations are ideally situated and will be used above all for the handling of steel, timber and grain. The port is a hub for transport by sea, on the Danube, by road and rail. Wieland: “The location is strategically important for us. We hope to stimulate business in Constanza and profile it as an alternative to the northern ports.” Despite the impact on the Romanian market of the international economic crisis, ambitious growth targets have been set for DB Schenker Romtrans. Following optimisation of the network and the combining of some sites, it is expected that DB Schenker Romtrans, the largest transport company in Romania, will grow rapidly and steadily.

Last updated: 9/20/2010

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