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P&O to handle Novi Sad port

P&O Ports will be taking over operations in the port of Novi Sad (Serbia), as part of a long-term plan to create an efficient multimodal center. Thanks to a Public-Private Partnership agreement to operate the port, P&O Ports plans to upgrade equipment and services, while supporting the Serbian Government’s strategy for a logistics center with […]

New rail connection between East and West

A new railway connection between the Eastern and Western parts of Europe is now available, facilitating the way cargo travels through Europe and beyond. The cities of Moerdijk (The Netherlands) and Wroclaw (Poland) are connected via rail, with the total travel time between the two estimated to take freight forwarders 30 hours. The operator, Schavemaker […]

Kaufland opens new logistics center in Bulgaria

The German retailer Kaufland recently invested several million EUR in a new logistics center in the Eastern European nation of Bulgaria. Kaufland is now the proud owner of a new logistics complex in the Rakovski Industrial Zone, located close to the center of the country, near the city of Plovdiv. The location’s advantages are obvious, […]

China expects great deal in Romania

The China Investment Corporation (CIC) intends to sell its Logicor deposits that it holds in Romania, expecting a multi-million EUR deal, one of the largest transactions in the industrial segment. The company is optimistic about its decision to sell the Logicor logistics business at a price of around 30 million EUR. Logicor operates more than 155,000 […]

Belarus and Georgia to work on multiple projects

Authorities in Belarus are interested in setting up a tractor assembly plant, among others, by working together with representatives from Georgia.  The new plant would be built in Georgia, as per the agreement between the two countries. The terms of the joint project also allow Georgian authorities to open a store in Belarus, in order […]