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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 […]

Fakt AG invests in a logistics center in Hungary

Germany’s Fakt AG intends to invest a record-sum of 1 billion EUR, in order to extend its horticultural production, processing and logistics services into Hungary’s horticultural industry. According to Hungarian Agriculture Minister Istvan Nagy, the German company will build the processing units on an area of 330 hectares in the outskirts of Hegyeshalom and Bezenye in northwest […]

New step for Belarusian agriculture

The Government of Belarus started investing in a modern center for grain processing, near the capital city of Minsk.  Construction of the state-of-the-art complex is underway, which designed to produce several types of amino acids and up to 1 million tonnes of animal feed per year. Estimates show the centre will be able to process 250,000 […]

Infrastructure project means great loss for port fleet

While infrastructure projects around the world are meant to improve cargo flow, the case isn’t the same for one unlucky port in Ukraine. The Mariupol port reported losing an incredible 33% of its fleet and around 100,000 tonnes of metal products (per month) due to the recent construction of a… bridge. The bridge across the […]

Poland logistics at an all-time high

Poland ended 2018 with a considerable amount of industrial and warehouse stock, reaching a record-high. The total area destined for industrial and business applications was estimated at 15.79 million sqm in Poland, by the end of 2018, with 2.22 million delivered last year alone, down by 6% compared to 2017. The most active area in 2018 […]