EBRD Finances NewCold's First Fully Automated Cold Storage Facility in Romania
The EBRD is lending up to €36 million for a 75,000-pallet automated cold storage warehouse in Bucharest, with operations planned from 2027.
The European Bank for Reconstruction and Development (EBRD) announced on 9 November a loan of up to €36 million (RON 182.8 million), provided in parallel with BCR, to finance cold storage specialist NewCold's first high-automation cold storage facility in Bucharest, Romania.
The facility will provide 75,000 pallet positions served by a fully automated high-bay warehouse with end-to-end digital integration for traceability, with initial operations planned for 2027. NewCold claims the design delivers around 50 percent lower energy intensity than conventional cold storage; the company notes this is a vendor-reported figure.
The investment reflects a continuing pattern of development finance supporting automated, digitally integrated cold chain infrastructure in Europe, combining a global cold storage developer with an international lender.