GEFCO has started operating in Serbia, bringing its recognised know-how in global logistics solutions designed for manufacturers’ competiveness.
“As a company with a unique expertise in the management and optimisation of complex supply chains, we are happy to support Serbia’s projects for industrialisation and foreign trade development. Efficient logistics is a key contributor to the growth of gross domestic product in a country like Serbia,” said Luc Nadal, Chairman of the Management Board of GEFCO Group.
Taping into the potential of Serbia and the region
By setting up a subsidiary in Serbia, one of the most dynamic economies of the region, GEFCO is strengthening its footprint in Central Europe, a region where the Group has been historically present. Serbia is the third biggest market in the area after Romania and Greece and offers an ideal location between Eastern Europe and the Balkans. “The geographical position of Serbia makes it a strategic country for GEFCO; we are already partnering with local operators as part of our international flows. We want to further tap into the potential of the country and the area being closer to stakeholders with activities here,” Lachezar Roubchev, GEFCO Serbia’s General Manager, highlighted.
Serbia is strategically located in major pan-European corridors that cross the Balkans
Additionally, the country is proceeding with reconstruction and modernisation plans that include railway and road projects. With a 3,809 km-long railway network, Serbia offers a railways infrastructure with the highest density among enlargement countries (49.3 M/km² versus EU-28 average 48.3 M/km²).
In the past years, the country has attracted investments in the production of steel, manufactured goods, chemicals, automotive and has signed free trade agreements with the European Union, Russia, Turkey and Central European countries to foster its economic attractiveness.
“The main objective of our economic policy is to attract new investments and further strengthen Serbia’s business sector and economy. The arrival of GEFCO confirms that we are on the right track of strengthening competitiveness and promoting Serbia’s business capacities. We expect GEFCO to transfer its experience gained over decades and prestigious expertise to our local companies, thus contributing to the growth and development of the service sector, where Serbia needs to achieve additional progress, bearing in mind that the 21st century is dominated by consumers” said Veljko Jovanovic, Advisor to the President of Chamber of Commerce, at the official inauguration of GEFCO Serbia.
GEFCO Serbia will offer the whole range of the GEFCO Group services. The subsidiary is already rolling out-of-the box solutions specifically adapted to the Serbian market, such as transportations to/from European Union, Russia, Turkey, time critical solutions and rail solution from China to Germany with a 20-day transit time.
“Our objective is to assist our clients in increasing efficiency and reducing business costs by applying our high-quality standards and integrated transport and logistics solutions. In Serbia we also aim at transferring our expertise to local companies we engage in our business system” L. Roubchev said.