Larger presence in Eastern Europe: VTG founds a new company in Bulgaria

Larger presence in Eastern Europe: VTG founds a new company in Bulgaria

Hamburg / Sofia, November 8th, 2021

– VTG Rail Logistics Bulgaria EOOD opens business

– Liubomir Illiev and Stelios Archontakis jointly lead the operation

– Office opening in Sofia, the Bulgarian capital

VTG Rail Logistics is strengthening its presence in the Balkans: With effect from November 1, 2021, the operational business of the new company was transferred to Liubomir Illiev, Managing Director of VTG Rail Logistics Bulgaria, and Stelios Archontakis, Managing Director of VTG Rail Logistics Bulgaria & VTG. transfer rail logistics Hellas.

VTG Rail Logistics Bulgaria is a full-service rail freight forwarder with an international reach. The integration of this new facility into its existing pan-European network enables VTG to optimize and harmonize its national and cross-border leasing and rail logistics activities in Bulgaria.

The Balkans also play an important role in transit traffic to Turkey, Greece and the neighboring eastern regions, which opens up further attractive prospects for VTG – in addition to access to the Danube, the port cities of Varna and Burgas and thus to the Black Sea. VTG Rail Logistics Bulgaria is actively positioning itself with a 360-degree solution portfolio that offers a comprehensive range of products and services, including equipment, in order to tap the enormous potential for multimodal transport in this market.

“VTG Rail Logistics has outstanding expertise in rail transport and multimodal logistics and offers a comprehensive range of services along the entire transport chain,” says Stelios Archontakis. “In the future we will be able to offer reliable transport solutions and further develop the market in Bulgaria and the neighboring regions.” Liubomir Illiev agrees: “The more than 20 years of activity in Bulgaria have given VTG a deep understanding of this market,” he says. “With our own on-site office, we can now respond even better to the needs of our customers in this promising market environment.”

Contact corporate communications

René Abel, PhD
Head of corporate communications

[email protected]

VTG Aktiengesellschaft
Nagelsweg 34
20097 Hamburg
Germany

Disclaimer of liability

VTG AG published this content on November 08, 2021 and is solely responsible for the information contained therein. Distributed by public, unedited and unchanged, on November 10, 2021 10:44:02 UTC.

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