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Sep 29, 2009 13:31 EEST
September 29 (SeeNews) - MAV-Cargo, the Hungarian unit of Rail Cargo Austria, has launched a 7.5 million euro ($11 million) terminal for containerised cargo in Romania's western city of Curtici, Hungarian media reported.
The terminal, covering an area of more than 10 hectares, is located next to Pan-European Corridor IV and will enable container delivery to Romania via train, providing an alternative to the sea route, online financial journal Portfolio (www.portfolio.hu) reported on Monday, quoting news agency MTI (www.mti.hu).
Corridor IV links Germany and Romania via the Czech Republic, Austria, Slovakia and Hungary. In Romania Corridor IV divides into two branches, one to Constanta at the Black Sea coast and another one to Bulgaria’s capital Sofia when it divides again into two branches - one running further south to Thessaloniki in Greece and the other heading southeast to Istanbul in Turkey.
MAV-Cargo carried out the investment project in partnership with Poland's Trade Trans and Slovenian port operator Luka Koper.
The Curtici terminal has a maximum annual throughput of 60,000 twenty-foot container equivalent units, a statement on Luka Koper's website indicated.
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