Tibbett Logistics opens its 15th logistics warehouse in Romania

The new facility in the P3 Bucharest Park takes the company’s total storage capacity to 116,250 m²

Tibbett Logistics opens its 15th logistics warehouse in Romania

Tibbett Logistics, the Romania-based transport, intermodal and contract logistics specialist within The Keswick Enterprises Group, has this week signed a new long-term lease with the pan-European logistics property investor-developer P3 on another 5 000 m² (54,000 square foot) warehouse. The new facility is located in the eponymous P3 Bucharest Park to the west of Bucharest.

Tibbett Logistics has leased warehousing in this logistics park since 2007, and already operates three warehouses there. Two contain dedicated retail logistics operations for grocery, food, non-food and imported products, while the third is a rail-linked facility adjacent to its intermodal railport at BIRFT (Bucharest International Rail Freight Terminal). The total warehousing operated by Tibbett Logistics at the P3 Bucharest Park alone now amounts to 33 500 m² (360,000 sq ft) – providing capacity for some 44 000 pallets.

The new warehouse will become operational later this month, and is adjacent to Tibbett’s existing retail import operations. It will be used primarily for the handling and storage of white goods and electrical products.

Tibbett Logistics’ CEO, David Goldsborough, commented: “This is the second new warehouse we have opened in Romania so far this year – and we have also agreed a multi-year extension to the lease at a third location. Due to growing demand for our services even with this new space we will be operating at close to capacity. We are, however, in advanced discussions with P3 over the further expansion of our rail-linked warehousing at P3 Bucharest Park, and we are also considering other locations across the country.”

Tibbett Logistics specialises in providing intermodal logistics and extensive supply chain management services to the automotive, DIY, food & grocery, textiles, retail and other FMCG sectors across Romania and elsewhere in South East Europe. Employing 1250 people, the company operates a distribution fleet comprising tilt trailers, double- and triple-chamber reefers and container chassis – along with its own intermodal rail wagons.