Bulgaria capitals

Larger presence in Eastern Europe: VTG launches new company in Bulgaria

Larger presence in Eastern Europe: VTG launches new company in Bulgaria

Hamburg / Sofia, 08. November 2021

– VTG Rail Logistics Bulgaria EOOD opens its doors

– Liubomir Illiev and Stelios Archontakis jointly lead the operation

– Opening of an office in Sofia, the Bulgarian capital

VTG Rail Logistics has strengthened its presence in the Balkans: as of November 1, 2021, the operational activities of the new company have been entrusted to Liubomir Illiev, Managing Director of VTG Rail Logistics Bulgaria, and Stelios Archontakis, Managing Director of VTG Rail Logistics Bulgaria & VTG Rail logistics Hellas.

VTG Rail Logistics Bulgaria is a full service rail freight forwarder with an international reach. The integration of this new facility into its existing pan-European network allows VTG to optimize and harmonize its national and cross-border rail rental and logistics activities in Bulgaria.

The Balkan country also plays an important role in transit traffic to Turkey, Greece and adjacent eastern regions, opening up new and attractive prospects for VTG – alongside access to the Danube, to cities ports of Varna and Burgas and, consequently, to the Black Sea. VTG Rail Logistics Bulgaria is actively positioning itself with a 360 degree solution portfolio offering a full range of products and services, including equipment, to exploit the vast potential of multimodal traffic that exists in this market.

“VTG Rail Logistics has exceptional expertise in rail transport and multimodal logistics, offering a full range of services across the entire transport chain,” says Stelios Archontakis. “In the future, we will be able to offer reliable transport solutions and further develop the market in Bulgaria and adjacent regions. Liubomir Illiev agrees: “The activities in Bulgaria that span over 20 years have given VTG a deep understanding of this market,” he says. “Having our own field office will now help us meet the needs of our clients even better in this very promising market environment.

Contact corporate communication

René Abel, PhD
Head of corporate communications

[email protected]

VTG Aktiengesellschaft
Nagelsweg 34
20097 Hamburg
Germany

Disclaimer

VTG SA published this content on 08 November 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on November 10, 2021 10:44:02 AM UTC.


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