- Capacity upgrade for Constanta Port facility following US investment
The Canopus Star grain terminal, located in the Romanian Black Sea Port of Constanta, is set to embark on a €15 million expansion project to significantly increase both its operating and warehousing capabilities.
The project, being funded by Cargill and its local subsidiary Transport Trade Services (TTS), will increase the terminal’s operating and warehouse capacities to 50,000 tonnes and 100,000 tonnes respectively.
Martin Schuldt, the president of the board of administration at Cargill Oils, told Balkans Business News that Romania remains a country of strategic importance for the company.
“We will continue to develop our local operations as we have announced before, and this project is part of our expansion plans,” he added.
Cargill, present in Romania since 1996, purchased its first silo in 2000 and has since invested heavily in enhancing the capacity of its operations.