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BCR and EBRD Fund Romania's First Fully Automated Cold-Storage Facility by NewCold

INDUSTRIAL IOT

Banca Comerciala Romana (BCR) is financing NewCold Romania SRL with RON 182.8 million for the development of Romania's first fully automated cold-storage facility, co-financed by the European Bank for Reconstruction and Development (EBRD) with an equal amount. The total funding for the project's first two phases and future expansion is RON 695.6 million.

The facility in Stefanestii de Jos, Ilfov County, will utilize advanced automation to reduce energy intensity by approximately 50% compared to conventional warehouses. It is expected to enhance Romania's logistics infrastructure and support the local food industry.

BCR and EBRD Fund Romania's First Fully Automated Cold-Storage Facility by NewCold
Feb 7, 2026, 1:16 PM

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