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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 […]

Latvia hopes for better collaboration with Azerbaijan

The Eastern European nation of Latvia intends to collaborate with Azerbaijan on several important land transport connections. The Minister of Foreign Affairs of the Republic of Latvia, Edgars Rinkēvičs said that cargo transport is a major part of the country’s economy, accounting for as much as 3% of the GDP. As a result, ‘Latvia is constantly […]