VTG AG HQ in Hamburg

VTG steps in the Bulgarian rail market

VTG Rail Logistics expanded its presence in Bulgaria and the broader Balkan region by opening a new branch. VTG Rail Logistics Bulgaria has been operational since 1 November and aims to use the Balkan country to provide 360-degree solutions in south-eastern Europe.

The new office is run by Liubomir Illiev, managing director VTG Rail Logistics Bulgaria, and Stelios Archontakis, managing director VTG Rail Logistics Bulgaria & VTG Rail Logistics Hellas. “Activities in Bulgaria spanning more than 20 years have given VTG an in-depth understanding of this market,” said Illiev. “Having our own office on the ground will now help us respond even better to the needs of our customers in this auspicious market environment,” he added.

Bulgaria as a crossroad

The opening of the new VTG branch in Bulgaria is an incentive for further expansion in the country’s market. As Illiev mentioned, the company has been active there for more than 20 years. It has a deep market knowledge that can be used to operate as a freight forwarder both inside the borders but also internationally. “In the future, we will be able to offer reliable transport solutions and further develop the market in Bulgaria and the adjacent regions,” commented Archontakis.

When referring to adjacent regions, Achontakis has Turkey and Greece in mind. After all, he is also responsible for VTG’s Greek branch. From Bulgaria, VTG could harmonise, and sync flows from Greece and its ports that connect to the far east. Moreover, Bulgaria is a gateway to Turkey since most traffic in this corridor passes through the country. Earlier this year, VTG also expanded in Turkey, and it could use its broadened facilities in the two countries.

Access to the Black Sea should also not be overlooked in Bulgaria. The country is home to two port cities, Varna and Burgas, which can attract cargo flows from the sea originating from Turkey, Ukraine, Russia, or even Georgia and extending to the Caspian Sea and further.

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Author: Nikos Papatolios

Editor at RailFreight.com

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