1m-euro profit for Maersk

Maritime shipping company Maersk Romania achieved a 60% growth in gross profit last year, to 1 million euros, according to the data published in the Official Gazette. The appreciation of the domestic currency made the turnover of the Danish maritime operator in Romania go up by 13% in euros to 4.83 million euros, and merely 1.4% in RON, to 17.5 million RON. Maersk Romania officials could not be reached for comment. The Danish Maersk group, one of the most important maritime shipping groups in the world has been present on the Romanian market since 1998, with Maersk Romania and APM Terminals branches. The Danes have consolidated their Romanian presence in 2002, through Maersk Logistics, one of the main players on the logistics segment in the world. Last summer, Maersk bought Dutch maritime shipping company P&O Nedlloyd in a 2.3 billion dollar (some 2 billion euro) deal last summer. The acquisition led to the emergence of the biggest such company, which controls 17% of the maritime shipping in the world, twice more than the number two in the world ranking. As a result of this acquisition, the Danes formed a new maritime shipping company, Maersk Line, which includes Maersk Sealand and P&O Nedlloyd. Maersk Line has 550 container carriers. Prior to the takeover, the Dutch at P&O Nedlloyd were represented by Bucharest-based Medtainer RO on the Romanian market, which provides ship agency, freight handling, shipping and consultancy services among others.