RABEN GROUP OPENS A NEW DEPOT IN BULGARIA

Bulgaria is one of the booming economies of Eastern Europe, with a focus on the automotive, chemical, textile and food industries. It is the meeting point between east and south-west Europe. Trade with other EU countries accounts for 69% of Bulgarian exports (15% to Germany, 9% to Italy and 9% to Romania). Exports to Turkey, on the other hand, represent 8%. Finally, in terms of imports, 64% come from EU Member States (12% from Germany, 8% from Italy and 7% from Romania). For this reason, the launch of Raben Logistics Bulgaria was the next step in the implementation of the Group's strategy in Europe.

"Our presence in Bulgaria gives us the opportunity to fortify the bridge between Raben Group and South Eastern Europe. The strong Turkish, Greek and Balkan presence on Bulgaria's trade maps will help us to contribute to the future development of our business." - said Tomasz Nieżwicki, Director of CEE Region at Raben Group - "Since November we have been operating in this market through the Sofia International HUB, providing direct and daily connections with a partner network of 6 depots throughout the country, with total employment of 200 skilled employees. "

With the opening of a branch in Bulgaria, Raben Group, as a global provider of regular and high quality international transport services, has integrated its portfolio, fulfilling the expectations of its already existing consumers, focusing, however, also on attracting new potential customers interested in trade with Bulgaria and Eastern Europe.

Raben Logistics Bulgaria is planning to develop its commercial activity to cover the whole country, providing high quality services in the field of national and international distribution (LTL, FTL). The company intends to implement important international connections with countries such as: Germany, Romania, Italy, Poland or Hungary, where the Group already has its own Business Units. The Bulgarian company wants to focus on serving customers in the automotive, chemical, textile and food processing industries.

With the opening of a subsidiary in Bulgaria, Raben Group has added a thirteenth market to its map of Europe. The company currently has more than 130 warehouses in the following countries: the Czech Republic, the Netherlands, Germany, Hungary, Lithuania, Latvia, Estonia, Poland, Slovakia, Ukraine, Romania, Italy and, from November 2019, also Bulgaria.