December 1 (SeeNews) - German logistics company Schenker has completed the structural works on its second logistics terminal in Bulgaria worth 10 million euro ($15 million), the company said on Tuesday.
The logistics terminal is located in Bozhurishte, on the outskirts of the capital Sofia and close to the European transport Corridor IV linking Athens and Istanbul with Northern Europe, Corridor VIII linking Italy and the Bulgarian Black Sea coast, and Corridor X linking Bulgaria with Western Europe via Serbia.
The terminal will become operational in the spring of 2010, the company said in a statement.
“Thanks to its location and technical features our Sofia terminal will offer new business opportunities both in the country and abroad, as it is fully integrated in the DB Schenker’s European Transport network”, Schenker country manager for Bulgaria Helmut Schweigchofer said in the statement.
The terminal, built on a total area of 48,000 square metres, includes 3,000 square metres of logistics space and a 2,000 square metre warehouse for the reloading of cargo shipments. The terminal has two railway platforms with a combined length of 220 metres.
“The railway terminals are of significant importance in the region and we can offer there attractive intermodal transport solutions to our clients”, Schweigchofer said.
Schenker opened its first logistics terminal in Bulgaria near the Sofia international airport in 1996.
The Bulgarian unit of the company has branches in Sofia, Plovdiv, Varna, Burgas, Ruse and Sevlievo. Its turnover rose 20% to 56.6 million levs ($43.59 / 28.93 euro) last year.
(1 euro = 1.95583 Bulgarian levs)