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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 […]
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Industry

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 […]
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Intermodal

COSCO enters Bosnia and Herzegovina

COSCO Shipping is planning to open its first branch the European country of Bosnia and Herzegovina, in the capital city of Sarajevo. The Sarajevo office is part of the ‘One Belt – One Road’ Maritime Silk Road initiative, a massive expansion program for efficient cargo transport and sea route that connects China, Southeast Asia, Oceania, Europe […]
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Intermodal

Black Sea ports see cargo volumes rise

More cargo passed through several container terminals in the Black Sea region this year, with countries such as Romania, Ukraine, Russia and Bulgaria witnessing a significant increase. In total, TEUs handled by port authorities in Ukraine, Romania, Russia and Bulgaria, excluding transshipments, amounted to more than 1.4 million units (1,472,826) in the first half of […]
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News

Top transporter paves way for new route

Sea- and ocean-cargo transport company Maersk is ready to lead the way into the future, with an experimental new route that offers an alternative. For all transporters going through the Suez Canal, Maersk is working to create a new navigable route through the Arctic Ocean, a harsh and inhospitable place for around 9 months out […]
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