This website uses cookies. For more information click here

FREE
NEWSLETTER

MEDIA-PLAN

BTJ free PDF archive

World

OT Logistics takes over Rijeka's reins

Publication date: 2017-09-20

Tags: maritime, world, poland

OT Logistics takes over Rijeka's reins

The Polish company has come to an agreement with the Croatian pension funds Allianz ZB and ERSTE, as a result taking over operational and financial control over the Rijeka port.

OT Logistics, Allianz ZB, and ERSTE hold 32.56%, 15.15%, and 8.85% of the port's shares, respectively, giving them the majority stake of 56.56%. Earlier this year, OT Logistics increased its share level by acquiring 11.75% of the Port of Rijeka's stocks.

The agreement, detailing how the parties will run the port authority, has been signed for a period of seven years.

"Thanks to increasing our own stock commitment in the Port of Rijeka Authority as well as by partnering with other shareholders, we've gained tangible influence over the port's operations. Rijeka is a very important spot on the European transport map. We believe that it could become a gateway for the flow of goods between Europe, Africa, the Middle East, and the Arabian Peninsula," Zbigniew Nowik, President of the Board, OT Logistics, said.

He then added, "Moreover, having 50% + 1 stock is still on our company's agenda."

Port of Rijeka (photo: OT Logistics)

Print

PARTNERS

Baltic Ports Organization

PARTNERSHIP
EVENTS

Digital Ship Maritime Cyber Resilience Forum

Digital Ship Maritime Cyber Resilience Forum

15 February 2018  NL/Rotterdam

Logistics CIO Forum EU

Logistics CIO Forum EU

6-7 March 2018  NL/Amsterdam

Transport Week 2018

Transport Week 2018

6-8 March 2018 • PL/Gdańsk

SmartRail

SmartRail

17-19 April 2018 • NL/Amsterdam

4th CWC LNG Fuels Summit

4th CWC LNG Fuels Summit

22-24 May 2018 • NL/Amsterdam 

Breakbulk Europe 2018

Breakbulk Europe 2018

29-31 May 2018 • DE/Bremen

Posidonia 2018

Posidonia 2018

4-8 June 2018 • GR/Athens

See more