Cargus is the first resident of CTPark Oradea Cargo Terminal

  • CTPark Oradea Cargo Terminal is a premiere in Romania, being the first industrial park with an air cargo terminal.
  •  Cargus leased 3,400 sq m in the industrial park near the Oradea Airport.
  • This deal marks another stage in the collaboration between CTP and Cargus, already tenant in the CTP's portfolio in Bucharest and Timișoara.

Bucharest, 25 October 2022 CTP, the largest listed developer and manager of industrial and logistics spaces in Continental Europe, is expanding its collaboration with Cargus, one of the largest courier companies in Romania, in CTPark Oradea Cargo Terminal. The courier company, already present in the CTP portfolio, is the first to sign a lease contract, for an area of 3,400 sq m, in the only industrial park in Romania that with air cargo terminal.

Developed on land with an area of 14.4 hectares, CTPark Oradea Cargo Terminal benefits from direct connection to the Oradea Airport. The project includes specific infrastructure works completed in record time, such as the aircraft parking pad or taxiway, which connects the aircraft parking pad to the airport runway.

"CTPark Oradea Cargo Terminal is a national premiere, a complex infrastructure project, involving special works, which our construction team carried out to the highest quality standards and in record time. The interest of the potential residents of the park has been extremely high since the beginning of the project and we are happy to be able to announce now the reception of the first resident in the space. Cargus is one of our strategic partners, with whom we thus reach a leased area of almost 18,000 sq m in Bucharest, Timișoara and Oradea", said Andrei Koszti, Regional Commercial Manager, CTP Romania.

Cargus also recently launched an 11,000 sq m warehouse in CTPark Bucharest equipped with the latest technology, and now, it is expanding its footprint by opening new warehouse in CTPark Oradea Cargo Terminal. The warehouse in Oradea is relevant for the company’s national parcel processing flow, but also for the international business stream that will soon to be developed.

"We continue our investment plans and taking Cargus to the next level. With the development of our out of home delivery network and after the inauguration of the new warehouse near Bucharest, we wanted to benefit from all the advantages that the access to a state-of-the-art cargo terminal offers. The easy access to the airport in the north-west of the country will allow us to continue optimizing our logistics operations and to expand our business internationally - Oradea will be a major hub for the cross-border expansion. We are pleased to develop this project together with the CTP team, with whom we have a long-standing collaboration", said Olivier Van Houtte, CEO Cargus.

In Bihor County, CTP also owns the industrial parks CTPark Oradea North, located on Calea Borșului, in Oradea, and CTPark Salonta, in Salonta, a city that will benefit from a direct connection to the M44 highway in Hungary via the new expressway DX Oradea-Arad. In recent years, CTP has consolidated its position as one of the main real estate investors in the western part of the country, also having industrial parks in Timișoara, Arad, Ineu and Caransebeș.

In Romania, CTP owns a total area of over 2.2 million square meters of class A warehouses in 15 cities: Arad, Brașov, Bucharest, Cluj-Napoca, Craiova, Deva, Oradea, Pitesti, Sibiu, Timișoara, Turda, Târgu Mureș, Caransebeș, Ineu and Salonta.

About CTP

CTP is the largest owner, developer and manager of logistics and industrial real estate in Continental Europe by gross leasable area, owning over 9.5 million m² of space in ten countries. CTP is the only developer in the region with its entire portfolio BREEAM certified and carbon neutral operations from 2021, underpinning its commitment to being a sustainable business.

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About Cargus

With an experience of over 30 years, Cargus is the first courier company on the Romanian market. Currently, the company counts over 5,000 employees and collaborators, offers courier services with delivery to the address, but also through a national network of hundreds of SHIP & GO locations, where customers can pick up or send packages, has 5 national sorting centers, 51 operational centers and a team of over 2,500 couriers that perform over 50 million deliveries per year.

At the beginning of 2019, Cargus was taken over by Mid Europa Partners Investment Fund, one of the most active investors in Romania. Cargus saw a 20% increase in sales volume in 2020. For more details, visit the Cargus website  and the Cargus Facebook page.

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