Forwarding, Freight News, Logistics, Road

Militzer & Münch sets up in Serbia

[ October 1, 2019   //   ]

Swiss-based forwarder Militzer & Münch Group has signed a joint venture with Serbian logistics company Invictus System Transport and Logistics to expanding its network in the Balkans. The partners say they aim to become a leading forwarder in Serbia within the next two years. The JV will initially focus on road transport but will add airfreight and sea freight, warehousing, intermodal traffic and project transport.

Managing director of the joint venture is Filip Simovic, previously head of transport operations at Invictus. He said: “Serbia is a bridge to EU, and is also of major geo-strategic importance in terms of the New Silk Road. As many German companies have production plants in Serbia, the joint venture is especially promising for our German country unit.”