Alfred Toepfler to increase its grain storage and export network in Romania
"We see great opportunities to increase our origination and transportation capabilities along the Danube River in Romania, which has become a net exporter of grain and oilseeds over the past several years," said Gary Towne, chairman of the management board of ACTI.
The network includes three river elevators at Giurgiu, and one river elevator each at Braila, Constanta, Corabia, Oltenita, Orsova and Zimnicea, according to Marketwath.com.
ACTI was founded in 1919, and has been active in trading grain, oilseeds and feedstuffs. The company is headquartered in Germany, with 36 branch offices around the world.
Irina Popescu, irina.popescu@romania-insider.com
(photo source: Sxc.hu)