Deutsche Bahn and Georgian Railways sign partnership deal
Deutsche Bahn and Georgian Railway embarked on a a strategic partnership to strengthen the European and Asian multimodal transportation corridors. The agreement includes the exchange of resources such as knowledge, expertise, information as well as employees.
In the context of this cooperation, Deutsche Bahn will be responsible for organizing transports within the EU by rail freight. Multimodal transports will be handled by its subsidiary DB Schenker. Georgian Railway will be responsible for cargo transports with the destination Middle East and India, coming from Constanta and passing through Georgia and Azerbaijan, as well as for transports to East Asia via the Caspian Sea.
“This strategic alliance is mutually beneficial and marks a cornerstone. Maintaining close ties with Georgian Railway will help us to further grow our business as it puts us closer to the Asian market and opens up new perspectives for future endeavors”, said Alexander Doll, Member of the Board of Management for Freight Transport and Logistics at Deutsche Bahn.
On his part, David Peradze, CEO of Georgian Railway pointed out that the company is very active in developing Europe-Asia corridors. “Therefore, it is logical that we partner up with Deutsche Bahn. Together with DB we are going to team up and foster international freight transportation and offer competitive products. This certainly will benefit us and increase competitiveness of Georgian logistics market.”