International transport and logistics company Gebrüder Weiss has extended its logistics terminal in Tbilisi, Georgia.
The move marks Gebrüder Weiss’s third expansion in Georgia in ten years and follows increasing trade volumes between Europe and Central Asia.
Ceo Wolfram Senger-Weiss, said: “This expansion is our response to the rising demand for transport and logistics services in the region, which are growing largely due to the increase in trade between the European Union, Georgia, and its neighbours Armenia and Azerbaijan.”
Adding a further 13,000 sq m to its Tbilisi logistics terminal, located at Tbilisi International Airport, Gebrüder Weiss now has a total of 142,000 sq m of warehousing, handling space, railway, parking and open area at the site, along with 177 staff.
The most recent investment of EUR11.5 million (USD12.6 million) is part of an overall investment of more than EUR25 million (USD27.4 million) in the terminal since its opening in 2012.
“We are also using this expansion as an opportunity to further build out our transport services in the Caucasus region and to ramp up our collaboration with Kazakhstan, Uzbekistan and other Central Asian countries. This will benefit our international key account customers, too,” said Thomas Moser, regional manager of Black Sea/CIS at Gebrüder Weiss.
Free trade agreements with the EU and the Eurasian Economic Union have further boosted trade levels and made Georgia a key transit country.
Over the past five years, Gebrüder Weiss’s Georgian operation has processed around 130,000 shipments weighing approximately 470,000 tonnes.
HLPFI reported in early October that the Caspian and Baltic regions have both been impacted significantly by the outbreak of war in Ukraine. The disruptions is leading to the opening up of the Middle Corridor as a result of supply chain pressure.
