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Alibaba mulls opening logistics centre in Serbia - govt

Author Maja Garaca
Alibaba mulls opening logistics centre in Serbia - govt Alibaba Group/All rights reserved.

BELGRADE (Serbia), September 27 (SeeNews)  Chinese e-commerce company Alibaba is considering opening a logistics centre in Serbia, Tatjana Matic, state secretary of the trade ministry, said on Wednesday.

Alibaba is interested in finding a partner in Serbia for the purpose of opening a facility like the distribution centre for the EU it is operating in Germany's Frankfurt, Tatjana Matic said, according to a government press release.

Such a logistics centre would help in the distribution of Serbian products on international markets, Matic added.

Croatian media reported earlier this year that Alibaba is looking to open a distribution centre in the coastal town of Zadar. Around the same time, the Bulgarian government said Alibaba Group plans to invest in a logistics centre in Bulgaria.

Alibaba Group’s businesses includes core commerce, cloud computing, digital media and entertainment, innovation initiatives and others. In 2014, the company closed the world’s biggest IPO, raising $25 billion (21.3 billion euro) on the New York Stock Exchange.

($=0.853020 euro)