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Samskip to enter Baltics and CIS

Transport giant Samskip, responsible for pan-European, environmentally-friendly combined transport services via shortsea, road, rail and inland waterway routes, is launching a new service. The Russian branch of the Samskip company is launching a new trailer service from European countries to Russia, the Baltic states and CIS (Commonwealth of Independent States, mostly nations from the former Soviet […]

Romanian I&C retailer Altex invests big in logistics

Altex Romania will be working out of a new logistics center, located near Romania’s capital city of Bucharest. The IT&C retailer acquired a new plot of land of 15.2 hectares in a village near Bucharest (Dragomirești Vale), for 5.5 million EUR. The new logistics hub will be built thanks to a 37 million EUR investment, which […]

Polish retailer Stokrotka expands warehouse space

Stokrotka, a famous Polish chain supermarket, headquartered in the country’s ninth largest city of Lublin, just added 11,300 square meters of warehouse space for its operations. The new acquisition is located in the MLP Lublin logistics park, an area that houses several companies with national and international recognition. After moving into the Lublin logistics park […]

New funds for Bulgarian port build

The European Investment Bank (EIB) recently approved a loan for a new port facility, located in the Black Sea nation of Bulgaria. The Agria Group Holding benefited from a 14 million EUR investment, courtesy of EIB, in order to finance its port facility build, destined for storage, handling and export of agricultural products. The new […]

Big money for Montenegro businesses

Two major financial European institutions have agreed to aid the country of Montenegro, in order to finance some of its plans for better businesses. Specifically, the European Investment Fund (EIF) and Erste Bank Podgorica have signed their first agreement (known as the InnovFin SME Guarantee Facility agreement), to support innovative small- and medium-sized enterprises (SMEs). […]