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Global Trade

Belarus-Estonia trade relations to rise

For 2020, Estonian authorities are planning new trade deals with nearby Belarus, which will lead to an increase in revenues. The Ambassador Extraordinary and Plenipotentiary of Estonia to Belarus, Merike Kokajev wishes to expand trade between the two countries to 300 million EUR this year. ‘We expect trade with Belarus to rise to 300 million […]
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Intermodal

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 […]
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Global Trade

Russia ends collaboration with Slovakian terminal

The Russian intermodal operator TransContainer ended its lease on the Dobrá intermodal terminal (Slovakia). TransContainer closed its Slovakian subsidiary, ceasing contractual relations with the intermodal terminal five years before the end of its lease agreement. The Dobrá terminal, located in Slovakia, 10 km from the border with Ukraine, was designed for rapid transhipment of containers, […]
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Logistics

Umex Constanța to undertake construction projects

The Romanian port operator Umex Constanța will start working on two construction projects, located in the seaside Port of Constanța. Recently, the port operator borrowed 37 million EUR from the Dutch lender Cooperatieve Rabobank, in order to finance its projects. Specifically, Umex Constanța received two separate loans, which will be used to finance the acquisition […]
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Intermodal

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 […]
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