December 17 - Turkish transport operator Balnak Lojistik is closing 2010 with a performance which exceeds budgetary targets says president of the board of directors, L

The company's turnover of approximately EUR137 million (USD180.3 million) exceeded the figure budgeted for 2010 and is a EUR27 million (USD35.5 million) ahead of the figure for 2009. The performance encourages Balnak to keep targets at high levels for 2011 - which also happens to be its 25th anniversary.

Since 1986 Balnak has been providing diverse logistics services including international land, sea, air and rail transportation, warehouse operations with or without customs services, customs clearance, value added packaging services, national transportation and distribution services.

In accordance with its expansion plans, Balnak opened its first overseas office in Tripoli, Libya in 2010. Through this office Balnak is providing transportation, port, customs and site delivery services to businesses working in Libya. The company has opened another office in Erbil which represents an important step in developing its position in Iraq.

Aiming for a fleet that is more environmentally sensitive, Balnak has exchanged 20 of the existing vehicles in its fleet for, vehicles with EURO 5 engines. Another 40 vehicles were also added to its already extensive fleet.

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