BELGRADE (Serbia), April 22 (SeeNews) – Serbian logistics company Nelt Group said it has entered the Albanian market through the acquisition of Tirana-based All Balkan Corporation.
The company aims to be active in the consumer goods, pharmaceutical and catering sectors in Albania, Nelt Group said in a statement earlier this week.
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Nelt Group has invested 15 million euros ($17.1 million) this year in the regional expansion of integrated logistics services.
"We plan to expand into new markets and further organic growth. In addition, we are also focusing on local community education projects," the CEO of Nelt Group, Milos Jelic, said in the statement.
Nelt Group signed strategic partnership agreements with Nectar and Nestle earlier this year.
($ = 0.876897 euro)