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APM Terminals initiates new project in Georgia

The Dutch port operator – APM Terminals has plans to build a deepwater port terminal in Georgia, at the Poti Sea Port. The international container terminal operating company will have to invest 250 million EUR to complete the first stage of its ambitious plan, the money being obtained through private capital. ‘This investment in the […]

Increased traffic between Lithuania and Ukraine

The Viking combined transport train was responsible for an increase in the volume of containers transported in January 2020. Official data shows an increase of 21% in January 2020, compared to the same month of 2019, in train container traffic transported by the Lithuania-Belarus-Ukraine Containerships train. ‘The Viking train and the Containerships Train are important […]

South Korea’s first direct cargo plane to Hungary

Authorities at the Budapest Ferenc Liszt International Airport witnessed the first direct cargo plane flight from Seoul (South Korea). Korean Air’s Boeing 777F-type cargo aircraft arrived at the Budapest Airport logistics base –BUD Cargo City, on February 21st, marking the start of better commercial relations between the two countries. This also provides Hungary’s economy with […]

SEGA expands its Hungarian presence

Starters E-Components Generators Automotive Hungary (SEGA) is building a new large-scale hall for its logistics activities. Located in Szirmabesenyő, in the North-Eastern part of Hungary, the new production hall will have 25,000 sqm of space for the company’s research and logistics operations. SEGA, a company known for making starter motors and generators, has an important […]

Record investment from Ukrainian delivery company

Ukraine’s Nova Poshta, a group of transport companies, is planning significant investments in 2020. The group’s co-owner, Volodymyr Popereshniuk, announced investments in Nova Poshta’s infrastructure development, with funds as high as 100 million USD (90.7 million EUR) set aside. Volodymyr Popereshniuk added: ‘This is an unprecedented amount, but we need to start sometime. I already […]